Cbus Super has completed the acquisition of a 10% stake in the 2.2 GW Star of the South offshore wind farm located off the coast of Victoria, Australia from Copenhagen Infrastructure Partners P/S (CIP).
The offshore wind farm project will be constructed off the Gippsland’s south coast in the Bass Strait. The facility is located off the south coast of Gippsland, Victoria. The wind farm will include up to 250 turbines within a 574 sq km area in Commonwealth waters and will have a total capacity of at least 2,200 MW.
Once operational, the project is expected to deliver about 8,000 GWh of electricity per year, the equivalent of powering up to 20% of Victoria's homes.