University of Queensland completes purchase of 64 MW solar PV project from Terrain Solar and PwC
Terrain Solar and its strategic development partner PwC Australia have announced that the sale of the Warwick Solar Farm to The University of Queensland (UQ) has reached Financial Close.
Completion of the transaction occurred after the project successfully obtained grid connection approvals from the relevant authorities in early November 2018.
The project involves the development of a 64 MW solar park located in the Southern Downs region of Queensland, north-east Australia. It consists of almost 50,000 solar panels. Once fully operational, the PV farm will generate up to 160,000 MWh of renewable energy annually, displacing 125,000 tonnes of carbon dioxide emissions per annum. The project is expected to first export power in time for summer 2019/2020.
Lendlease will provide the EPC and O&M services to the project with notice to proceed having been issued. The detailed design phase is now officially underway, and construction will start early in 2019 creating up to 100 direct jobs.
Country updates
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