The massive Stockyard Hill Wind Farm in the Pyrenees Shire in Victoria is expected to commence construction in 2018.
Goldwind Australia has successfully secured financing for the development of the 530MW wind farm last year. Stockyard Hill – which will be located approximately 35 kilometres west of Ballarat – will comprise of 149 wind turbines and its development is valued at almost $700 million.
“The nearly AUD$700 million project financing for the Stockyard Hill Wind Farm is the result of significant effort from the banks, advisors and our team. This very competitive wind farm is being built as a result of the Australian Government’s successful Renewable Energy Target and the long-term Power Purchase Agreement (PPA) with Origin Energy,” Goldwind Australia Managing Director John Titchen said.
In December 2017, the joint venture between WBHO Infrastructure and SNC-Lavalin was named as the preferred contractor to undertake engineering design as well as procurement and construction of the project.
The joint venture will deliver all electrical infrastructure for Stockyard Hill in addition to site-wide infrastructure civil works including access roads, hardstands, foundations, public road upgrades and internal access roads.
“It is a privilege to be supporting Goldwind on the Stockyard Hill Wind Farm project poised to be the largest wind farm in the Southern Hemisphere.
“SNC-Lavalin looks forward to delivering a renewable energy legacy of this magnitude that everyone can be proud of for generations to come,” said Marie-Claude Dumas, President, Clean Power.
Preliminary works on Stockyard Hill Wind Farm is set to begin soon, with major construction works to commence in the first quarter of 2018.
Stay up to date with the latest industry news and project updates by subscribing to Felix Project News today.
Source: The Courier, Goldwind Australia, SNC-Lavalin