ENGIE Australia & New Zealand has purchased the Hills of Gold wind farm development near Nundle, New South Wales.
The project, which is progressing through the planning process, will have a capacity of up to 420MW when completed.
ENGIE ANZ will be responsible for developing and operating the $750 million facility, after completing the acquisition of project entity, Wind Energy Partners.
“The Hills of Gold wind farm is a quality project that adds renewable energy to the national grid, while also creating local economic activity during construction and operation of the 25-year lifespan of the asset. We’re looking forward to the opportunity of building the Hills of Gold wind farm and to working with the local community to unlock the benefits of renewable energy development.”ENGIE ANZ’s general manager of Asset Development, Andrew Kerley.
The wind farm will consist of up to 70 wind turbines, each with a generating capacity of up to 6MW per unit.
Hills of Gold Community Enhancement Fund will be established, with a commitment of $2,500 per turbine per year installed and operating, expected over a period of at least 25 years.