in News Departments > Projects & Contracts
print the content item

Canadian and Australian infrastructure investors Northleaf Capital Partners and Palisade Investment Partners have agreed to acquire a 75% equity interest in the 111 MW Waterloo wind farm, located near Clare, South Australia.

According to the terms of the deal, the buyers will pay $228 million for the wind farm, which features 37 Vestas V90-3 MW turbines. EnergyAustralia will keep a 25% interest in the wind farm and will be contracted to provide asset management services.

EnergyAustralia will also continue to be a long-term off-taker for both energy and large-scale generation certificates produced by the wind farm. As an energy retailer, EnergyAustralia purchases these certificates in order to meet its obligations under Australia's renewable energy target program.

According to the companies, a planned 18 MW expansion of the wind farm is currently being assessed for local government planning approval.


Trachte Inc._id1770
Latest Top Stories

Are Fitch Ratings' Claims About Wind Farm Underperformance Unfounded?

A recent report from Fitch Ratings suggests that wind farms underperform due to an overestimation of wind resources, but AWS Truepower says the analysis misses the mark.


SunEdison Buying First Wind In $2.4 Billion Deal

Global solar company SunEdison and its yeildco have announced an agreement to buy the Boston-based developer, a major player in the U.S. wind industry.


U.S., China Reach Ambitious Climate Change Accord

The agreement between the global superpowers leans heavily on the deployment of renewable energy, such as wind and solar.


What The Midterm Elections Mean For The U.S. Wind Industry

Both chambers of Congress are now under Republican control for the first time since 2006. How will wind energy fare?


GE Blade Crashes At Mehoopany Wind Farm In Pennsylvania

The turbine manufacturer says the Nov. 2 incident is "isolated and unrelated" when compared to earlier blade issues.

Hybrid Energy Innovations 2015
Renewable NRG_id1934
BG 2015DblBox_id2032