CleanCo has been established as part of the Queensland Government’s Powering Queensland Plan which outlines the state’s strategy to guide the state through the short and long-term challenges facing Australia’s energy market.
The plan included reforms to establish a new government-owned clean energy generation entity to improve competition in the wholesale electricity market and support the growth of Queensland’s renewable energy industry.
CleanCo was established as a government-owned corporation (GOC) under the Government Owned Corporations (CleanCo Queensland Limited) Amendment Regulation 2018; effective from 17 December 2018. Our independent Board was appointed with effect on that date.
Our activities will help to improve electricity affordability, contribute to the achievement of Queensland’s 50 per cent renewable energy target by 2030, support secure and reliable electricity generation, and create new investment and jobs in regional Queensland.
We have a target to support 1,000MW of new renewable generation by 2025 and we’ll achieve this by building, owning and operating our own renewable projects and by contracting to support investment in new renewable projects by others.
Our foundation assets include the Wivenhoe pumped storage hydro power station, Swanbank E gas power station, and the three Far Northern Queensland hydro stations -including Kareeya, Barron Gorge and Koombooloomba. Ownership of these assets will be transferred from CS Energy and Stanwell to CleanCo on 31 October 2019, when we commence trading.
Board of Directors
Our Board of Directors and executive team are working together to establish CleanCo as an organisation and guide the development of our operational and trading strategies.
Jacqui has more than 20 years’ experience in establishing new businesses, corporate strategy, acquisition, organisational transformation and restructuring, post-merger culture alignment, change leadership and engagement. She holds board and executive positions in the private and public sectors, including Chair of the Citytrain Response Unit, Partner at Era Innovation, and previously served on the Board of Building Queensland.
Ivor is an expert and innovator in the rapidly evolving energy industry. He served as inaugural Chief Executive Officer of the Australian Renewable Energy Agency (ARENA) and oversaw its $2.1 billion portfolio for 6 years, during which it invested in 300+ clean energy projects. Previously, he was responsible for clean technology investments at venture capital firm Starfish Ventures. He was also Chief Executive Officer and investor in the clean tech sector in Silicon Valley, California. He serves on the Board of C4NET, is an advisory board member for Elliot Green Power Ltd and an advisory board member for RACE for 2030 CRC Bid.
Tracy, who is currently the Group Executive Commercial Services at UnitingCare Queensland, is an active and experienced non-executive director and industry body representative with a focus on strategy, governance, business commercialisation and performance, risk and financial management. She has served on various government, not-for-profit boards and industry bodies for more than 18 years, including as a director on the CS Energy Board from 2008 to 2013 and is on the Greater Springfield Community Club board. Ms Dare also holds positions on the Property Council’s Industry Body Committees for Retirement Living Council and the Queensland Retirement Living Committee.
Executive Leadership Team
CleanCo is being managed by an interim team of experienced and passionate professionals with extensive renewable energy sector experience while we recruit our permanent executive team.
Miles has over 30 years’ experience in the energy and infrastructure sectors in Australia, the United States and Europe. Miles led the establishment of the renewable energy business Infigen Energy Limited and served as the company’s Chief Executive and Managing Director for 10 years. He has also served as elected Chair of the Australian Clean Energy Council, as elected member of the Reliability Panel of the Australian Energy Market Commission, and as a member of the Australian Energy Market Operator’s Expert Adviser Panel.
Geoff has extensive international renewable energy sector experience including as Chief Executive Officer at Wind Energy Holding Co Ltd, Energy and Sustainability Advisory, and at organisations including the Green Building Council of Australia, Group Head of Sustainability at Lendlease and Chief Operating Officer at Infigen Energy.
Tanya is an electricity markets specialist with extensive experience in energy trading, energy market restructures, corporate strategy and industry reforms. She has held an executive management role in Energy Markets and Commercial Strategy at Stanwell and joins CleanCo on secondment from Queensland Treasury Corporation.