HOCHTIEF : subsidiary Pacific Partnerships realizes 300 MW solar farm

Press Release

HOCHTIEF subsidiary Pacific Partnerships realizes 300 MW solar farm

Project in Australia supports energy transition

HOCHTIEF Group company Pacific Partnerships, a subsidiary of CIMIC, has acquired the development rights for the 300 MWdc Hopeland Solar Farm in Queensland, the second large-scale solar project to be owned and developed by Pacific Partnerships.

HOCHTIEF CEO Juan Santamaría: "CIMIC is committed to supporting Queensland's energy transition and developing the large-scale renewable generation assets and infrastructure required to support it. Queensland is a strategic focus as we expand our diversified national portfolio of energy and utilities assets and contribute to the Queensland Energy and Jobs Plan for 70% of electricity consumption to be sourced from renewables by 2032, and 80% by 2035."

Pacific Partnerships Managing Director Simon Nicholls added: "The solar farm will have the potential to generate enough independent electricity to power approximately 100,000 average-sized homes."

Hopeland Solar Project is located 290km west of Brisbane in the Darling Downs, a region that is identified in the Queensland Energy and Jobs Plan as having high quality solar resources. The region has close to 2.2 gigawattts (GW) of committed renewable energy projects in the pipeline.

Pacific Partnerships is currently undertaking early works as part of the project's development and is working with CIMIC Group company UGL to support this phase. Pacific Partnerships will go on to manage the engineering, procurement, and construction, with operations and renewable energy generation currently expected to commence in 2026.

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HOCHTIEF Aktiengesellschaft Sitz der Gesellschaft: Essen, Registergericht: Essen HRB 279, USt-IdNr. DE 1198 171 25, StNr. 5112/5710/0012,

Vorsitzender des Aufsichtsrates: Pedro López Jiménez; Vorstand: Juan Santamaría Cases (Vorsitzender), Ángel Muriel Bernal, Peter Sassenfeld, Martina Steffen

HOCHTIEF is an engineering-led global infrastructure group with leading positions across its core activities of construction, services and concessions/public-private partnerships (PPP) focused on Australia, North America and Europe. With around 37,000 employees and a sales volume of more than EUR 26 billion in 2022, HOCHTIEF's global presence is focused on developed markets. Via CIMIC, the Group is market leader in Australia. In the USA, HOCHTIEF is the No. 1 general builder via Turner. Flatiron ranks among the most important players in the field of civil works, mainly in transportation infrastructure. HOCHTIEF owns a 20% stake in Abertis, the leading international toll road operator. Thanks to its commitment to sustainability, HOCHTIEF has been listed in the Dow Jones Sustainability Indexes since 2006. Further information is available at https://www.hochtief.com/news-media

HOCHTIEF Aktiengesellschaft Sitz der Gesellschaft: Essen, Registergericht: Essen HRB 279, USt-IdNr. DE 1198 171 25, StNr. 5112/5710/0012,

Vorsitzender des Aufsichtsrates: Pedro López Jiménez; Vorstand: Juan Santamaría Cases (Vorsitzender), Ángel Muriel Bernal, Peter Sassenfeld, Martina Steffen