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Snapper Point

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AUSTRALIA

Snapper Point

Is A 154 MW Gas Turbine Peaking Power Plant project originally developed and constructed by Nexif Energy and acquired by Ratch Group in 2022.

The project is located at outer harbour on the Lefevre Peninsula about 22 Km north-west of Adelaide, South Australia.

In August 2019, Nexif Energy entered into a long-term agreement with the Government of South Australia to lease and operate Five (5) GE TM-2500 mobile aero-derivative gas turbines (Each With 30.8 MW Of Net Output). The turbines were relocated from their earlier location at the former Holden factory in Elizabeth, South Australia to the New Snapper Point Power Plant site. Construction commenced in Q4 2020 once all permits were obtained and the Power Plant commenced operations on 10 Jun 2022. Noise Management Plan and Community Engagement Plan for the project have been made available to the public. Environment Improvement Programme also has been approved.

Power from the project sells directly to the electricity market and to support the provisions of electricity off-take contracts from Ratch Group’s existing 212 MW Lincoln Gap Wind Farm near Port Augusta and its future 278 MW expansion.

The project is managed by NEXIF RATCH Energy on behalf of Ratch Group under a Management Agreement.

OUR BUSINESS

WE CREATE, INVEST-IN AND MANAGE ENERGY TRANSITION POWER GENERATION BUSINESS

Business Strategy

Utilising our deep understand of power markets to formulate differentiated strategies to structure, develop and invest in energy transition projects to earn superior returns in high growth markets.

Value Addition

Demonstrated global capability in implementing value accretive power generation projects across the entire project cycle in competitive and regulated power markets, such capabilities include identifying, structuring, developing, acquiring, constructing, and managing power generation businesses.

Target Market

We create, invest in, and manage renewable energy transition businesses across South-East Asia and Australia.

Technology

Using established technologies, we optimise solutions to meet market needs in the energy transition including technologies such as hydro power, wind turbines, PV solar, battery energy storage systems and transitional gas fired generation.

ESG

We participate in power generation businesses where we can promote responsible environmental stewardship and socially responsible development; including where we can exercise our social responsibility to respect human rights.

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