Pacific Energy is pleased to announce that it has signed a 15-year Power Purchase Agreement with Kimberley Mineral Sands (“KMS”) for the Thunderbird Mineral Sands Project (“Thunderbird”) in Western Australia, 70 km west of Derby.
Under the agreement, Pacific Energy will design, build, own and operate a 16MW high efficiency gas power station combined with 2MW of battery storage and an on-site LNG storage and re-vaporisation facility with 10 days’ storage capacity.
The Power Purchase Agreement accommodates the future addition of solar energy and the parties will commence working on this augmentation as soon as possible to create a larger hybrid power facility.
Pacific Energy CEO, Jamie Cullen said “we are extremely pleased to have been selected to deliver an efficient power generation and gas storage solution for KMS’ flagship Thunderbird project”.
Sheffield Resources Executive Chair, Mr Bruce Griffin said, “We look forward to KMS expanding their relationship with Pacific Energy, and for the support from Pacific Energy to deliver a stable and efficient energy solution for Thunderbird. We welcome this important milestone step in establishing Thunderbird as the next major mineral sands producer in the near future.”
Construction is due to commence December 2022.