Telstra and Naturgy, through its international power generation subsidiary Global Power Generation (GPG), have signed a power purchase agreement (PPA) to build a 58 megawatt (MW) wind farm located near Goulburn in New South Wales.
The wind farm, called Crookwell 3, will commence construction in the last quarter of 2021 and is expected to be fully operational in the first half of 2023. GPG will invest approximately AUD120 million (US$90.22 million) to develop the Crookwell 3 wind farm.
Under the long-term PPA, Telstra has committed to procure 80% of the energy generated by the wind farm. The wind farm is designed to generate the energy needed to power the equivalent of 40,000 households. It will also contribute to the local economy and help build capabilities within Australia’s renewable energy industry.
