The Minns Labor Government has endorsed the first tranche of projects through the Investment Delivery Authority (IDA), marking a major milestone in supporting the delivery of high‑value private sector investment across the state.
The IDA will support 16 projects collectively worth $34.4 billion in potential investment, following evaluation of proposals submitted through the opening round of Expressions of Interest (EOI).
The endorsed projects include 14 energy projects, valued at $34 billion, bringing more jobs and investment in the renewable energy sector right across NSW.
Delivering the energy transformation is a key priority for the NSW Government. Through the IDA, the Government is supporting high‑value renewable energy projects by helping them move from proposal to delivery.
This builds on the Minns Labor Government's approval of 43 renewable energy projects since 2023 that, when built, will generate enough electricity to power 5.5 million homes.
Two hotel projects valued at $482 million have also been endorsed to proceed to the next stage. These projects will contribute to the Minns Labor Government's Visitor Economy Strategy, which aims to reach $91 billion in annual visitor expenditure by 2035.
The first EOI round also included proposals related to data centres and technology. The evaluation of these projects is being finalised and will be announced separately, recognising the scale of the energy, water and infrastructure coordination associated with the sector.
The IDA was established by the NSW Government to support the delivery of major projects and boost investment by cutting through red tape.
IDA endorsed projects will now receive specialist Government support from a dedicated concierge service, a planning assessments team within the Department of Planning, Housing and Infrastructure and from a multi-agency Investment Taskforce based in the Premier's Department.
The IDA's endorsement is not an approval. All projects will still need to go through full merit-based assessments and comply with relevant legislation and policies, both at the State and Commonwealth level, including Australia's foreign investment framework, where applicable.
The IDA's focus will be on improving coordination across government, supporting clear engagement with proponents and identifying opportunities to resolve issues that may otherwise delay delivery.
Insights from the first round showed major investment projects are often held back by system‑wide issues, highlighting the need for a coordinated, whole‑of‑government approach to unlock investment, while managing impacts on energy, the environment and local communities.
For more information about the Investment Delivery Authority visit https://www.nsw.gov.au/departments-and-agencies/investment-nsw/investment-delivery-authority.
Minister for Energy Penny Sharpe said:
"The Investment Delivery Authority is helping accelerate the NSW Electricity Roadmap to keep the lights on and make sure families and businesses have energy they can trust and afford.
"These endorsed projects will mean more reliable and affordable power for NSW, and more jobs and investment right across the state, particularly in regional NSW."
Treasurer Daniel Mookhey said:
"The Investment Delivery Authority is about making sure NSW is open for business and serious about unlocking major investment that supports productivity and long‑term economic growth.
"The projects endorsed today represent significant private sector confidence in NSW and the critical role of investment in areas like energy security and the visitor economy.
"By bringing agencies together and focusing on coordination, the IDA is helping ensure major investment proposals that matter to our economy receive the attention they require."
Minister for Planning and Public Spaces Paul Scully said:
"The Investment Delivery Authority supports better government coordination across all stages of complex and significant projects.
"By bringing multiple arms of government together we're supporting better outcomes for communities, jobs and the economy.
"Each of these projects is an investment in a brighter future for NSW."
Minister for Industry and Trade Anoulack Chanthivong said:
"The Investment Delivery Authority reflects the NSW Government's commitment to supporting industry and investment by creating the right conditions for major projects to progress.
"Attracting investment in areas such as renewable energy and energy security is critical to NSW's future competitiveness and economic resilience, and directly supports the missions outlined in the Industry Policy to build a more innovative, sustainable and globally competitive economy.
"By helping both international and domestic investors navigate the NSW government, the IDA will be instrumental in turning our state's competitive advantages into long term growth."
Minister for Jobs and Tourism Steve Kamper said:
"A strong visitor economy depends on having the right infrastructure in the right places, from quality accommodation to the services that support growing visitor demand.
"The major hotel projects endorsed through the Investment Delivery Authority have the potential to strengthen NSW's visitor economy, support local jobs and deliver lasting benefits for communities."
