Categories
Uncategorized

TechInnovation – ACCC grants Equinix-led group authorisation to jointly negotiate access to green energy (ZDNet)

The Australian Competition and Consumer Commission (ACCC) has given Equinix Australia, along with the Australian arms of Nike, H&M, HSBC Bank, and Goldman Sachs, authorisation to form a renewable energy purchasing group that would allow them to jointly negotiate access to better deals for renewable energy. The authorisation has been granted for 24 years until 30 September 2045, and it will allow the group to negotiate through joint tender process access to green energy from a solar or wind farm, as well as allowing the group to be connected to the National Electricity Market.

ACCC grants Equinix-led group authorisation to jointly negotiate access to green energy | ZDNet