Financing secured for 113.2MW wind farm in Australia

WCN Editorial Team 5 Apr 2017 OCEANIA ENERGY & UTILITIES

Australia-based Infigen Energy has secured financing for the 113.2MW Bodangora wind farm near Wellington in New South Wales, Australia.

Estimated to cost about $236M, the project will be financed by a $163M construction facility provided by NORD/LB and the Clean Energy Finance Corporation and $74M of equity from Infigen.

The wind farm will feature 33 turbines and is expected to generate 361GWh of power annually.

The project will be constructed by a consortium comprising General Electric (GE) and civil-engineering construction company Civil & Allied Technical Construction (CATCON) under an engineering, procurement and construction (EPC) contract.

Ross Rolfe, Infigen managing director, said: “We are excited to announce that Infigen is proceeding with constructing a new wind farm and look forward to delivering a high-quality project. This project could not proceed without the support of the local community for which we are grateful.”

The project will create about 120 construction jobs. The wind farm is scheduled to be fully operational in the second half of 2018.

* Data provided by Timetric's Construction Intelligence Center.

 

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