Two new solar farms will add a total of 200MW of solar generation capacity at Collinsville in north Queensland, with the CEFC committing AU$90 million in debt finance as part of a syndicated debt facility involving Commonwealth Bank and French investment bank Natixis. BlackRock is providing equity towards the projects. Daydream Solar Farm, which is expected to be operational by mid-2018, has secured a 12-year power purchase agreement with Origin, while energy generated by Hayman Solar Farm will be sold into the grid on a merchant basis. The projects consist of about 2 million solar panels.