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    <title>Pacific Green Signs Commitment Agreement With ZEN Energy for BESS Offtake in Australia for 1.5GWh</title>
    <meta name="issuer-name" content="Pacific Green Technologies Inc." />
    <meta name="issuer-isin" content="US27875H2067" />
    <meta name="issuer-symbol" content="OTCBB:PGTK" />
    <meta name="issuer-industry" content="Transportation Services" />
    <meta name="issuer-city" content="DOVER" />
    <meta name="issuer-state" content="DE" />
    <meta name="issuer-postalcode" content="19901" />
    <meta name="issuer-country" content="US" />
    <meta name="article-headline" content="Pacific Green Signs Commitment Agreement With ZEN Energy for BESS Offtake in Australia for 1.5GWh" />
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    <meta name="article-id" content="9505926" />
    <meta name="article-revision" content="0" />
    <meta name="article-pubdate" content="2025-08-04T15:30:00-0700" />
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    <meta name="article-keywords" content="Australian Energy Storage" />
    <meta name="article-content" content="Press releases" />
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      <doc-id id-string="9505926" regsrc="GlobeNewswire" />
      <date.issue norm="20250804T223000Z" />
      <doc.copyright holder="GlobeNewswire, Inc." year="2025" />
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      <hedline>
        <hl1>Pacific Green Signs Commitment Agreement With ZEN Energy for BESS Offtake in Australia for 1.5GWh</hl1>
      </hedline>
      <distributor>GlobeNewswire</distributor>
      <dateline>
        <story.date>August 04, 2025</story.date>
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      <link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"/><p><strong>Sydney, Aug.  05, 2025  (GLOBE NEWSWIRE) --  </strong>- Pacific Green is pleased to announce that its battery energy storage business in Australia has entered into a commitment agreement with ZEN Energy (“ZEN”) for 10-year tolling arrangements across three Battery Energy Storage System (BESS) projects located in Victoria, New South Wales, and Queensland totaling 1.5GWh of storage capacity. This milestone marks a pivotal step in Pacific Green’s transition to its next phase of growth, significantly accelerating the route to market for its Australian project portfolio of 7GWh.</p>  <p><strong>Scott Poulter, Pacific Green’s Group CEO, commented:</strong> “Following our initial offtake agreement of 500MWh for Limestone Coast North in South Australia, we are delighted to enter into a strategic framework for a further 1.5GWh. This framework agreement helps Pacific Green underwrite a significant part of the our portfolio of developments in Victoria, New South Wales and Queensland, and enables Pacific Green to industrialize its project development processes.”</p>  <p><strong>Anthony Garnaut, CEO of ZEN, stated:</strong> “ZEN and Pacific Green share a strategy that has storage at its heart. This next stage of ZEN’s deepening partnership with Pacific Green enables us to support our growing book of sustainability-driven commercial and industrial customers, as well as smooth the volatility inherent in the energy transition, as we meet the 24/7 requirements of our customers.”</p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTUwNTkyNiM3MDgxMTIyIzIxMjU0MzE=" /> <br /><img alt="" src="https://ml.globenewswire.com/media/OWUyMzQyOWYtZWVmMS00MGEwLWJiZWEtMDBhNmFkZTM4MGE5LTExMzcwMDItMjAyNS0wOC0wNC1lbg==/tiny/Pacific-Green-Technologies-Inc.png" referrerpolicy="no-referrer-when-downgrade" /><pre>Scott Poulter, Chairman &amp; CEO
Pacific Green Technologies, Inc.
+1 (302) 601-4659
info@pacificgreen.com</pre><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/0c76adef-aca9-431b-a746-264f298f9824"><img src="https://ml.globenewswire.com/media/0c76adef-aca9-431b-a746-264f298f9824/small/pacificgreenlogo-1200x628-jpg.jpg" border="0" width="150" height="79" alt="Primary Logo" /></a></p>
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