Pacific Blue (formerly Pacific Hydro) is an electricity generation and retailing company headquartered in Melbourne, Australia. The company was founded in 1992 and was soon floated on the Australian Stock Exchange, it was later bought by a consortium of industry superannuation funds and delisted. It is now owned by China's State Power Investment Corporation.[2]
The company builds and operates renewable energy projects, initially hydro electricity on irrigation dams, before opening its first wind farm in 2010.[3] Pacific Blue develops hydro, wind, solar and geothermal power projects.
Pacific Blue is one of the pioneers of renewable energy development in Australia. Pacific Blue developed the first commercial wind farm in Victoria and today operates a high quality, diversified portfolio of wind, solar and hydro renewable assets in Australia, with a total generation capacity of over 660 MW and a significant pipeline of over 2 GW across the National Electricity Market (NEM).[4]
In 2012, Pacific Blue's retail arm began operations under the brand name Tango Energy, selling Electricity and Natural Gas to consumers in Victoria.[5]
In April 2023, Tango Energy Pty Ltd’s company name changed to Pacific Blue Retail Pty Ltd, providing energy products to customers under the Pacific Blue Retail and Tango Energy brands. Its certified carbon neutral products will be available through its Pacific Blue Retail brand.[6]
