Partners Group agrees to acquire 226 MW wind farm in Australia from RES and Macquarie

Partners Group has announced that it has agreed on behalf of its clients to invest over AUD200 million (US$142.3 million) in equity to acquire and construct the first stage of Murra Warra Wind Farm (Murra Warra I) in Australia. The 226 MW wind farm is being acquired from Renewable Energy Systems (RES) and Macquarie Capital, which jointly developed the project.

Murra Warra I will comprise 61 Senvion 3.7MW turbines with a total nameplate capacity of 226 MW, located approximately 30 kilometers north of Horsham in the state of Victoria, south-east Australia.

Construction of Murra Warra I commenced in March 2018 and is expected to be completed in mid-2019. RES will work alongside Partners Group to provide certain ongoing services to support the project.

The project has already entered into long-term power purchase agreements (PPAs) for a substantial portion of its generation output with investment grade commercial and industrial customers, including Telstra, Australia's largest telecommunications company, Coca-Cola Amatil, Australia and New Zealand Banking Group (ANZ), the University of Melbourne and Monash University.

Once completed, Murra Warra I will generate enough clean energy to power 220,000 Australian households and offset over 900,000 tonnes of carbon emissions every year.