Engie invests in 420 MW Hills of Gold wind project in NSW
Date
November 20, 2020
Type
M&A Transactions
Subtype
Transaction agreement announced
Countries
Australia
Subsectors
Onshore Wind
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Engie Australia and New Zealand has announced the purchase of a 420 megawatt (MW) capacity Hills of Gold Wind Farm development in New South Wales, Australia.
The project will involve the installation of up to 70 wind turbines, with a rated output of 6 MW per wind turbine, and will include the installation of an onsite substation linking the project to the transmission network link that runs between Liddell and Tamworth.
The AUD750 million (US$547.5 million) facility was acquired from Wind Energy Partners Pty Ltd, and is expected to start construction in early 2022 following development approvals.
