Cubico has joined OSMI Australia as a joint venture partner in the Delburn wind farm and will buy 100 percent of the project prior to the start of construction.
OSMI will continue to be the public face of the project through the agreements. The company will provide on-going services such as community involvement, compliance development permits and land management over the construction phase and early operations, considering its current knowledge of the project, local area and existing partnerships with key stakeholders.
“We are excited to be investing in this innovative project in the Latrobe Valley – Victoria’s energy generation heartland – and are committed to delivering a high quality project that will support the economic transition of the region, as well as contributing to Victoria’s renewable energy targets.
“Cubico is committed to working closely with the community surrounding the project and will honour all commitments made by OSMI, such as maximising local procurement opportunities and the delivery of a best practice Community Benefits Scheme.”David Smith, Cubico’s head of Australia.
“We are really pleased to bring on a project partner that shares our vision and values in delivering leading edge renewable energy projects, with quality technology and communities at the centre of our decision-making framework. The team at Cubico have a strong history in the Australian power generation sector and we look forward to bringing this this project to fruition with them.”Peter Marriott, OSMI’s director.