Bright Energy Investments has announced it will proceed with the development of the 180MW Warradarge Wind Farm, near Eneabba in Western Australia, commencing in 2019.
Bright Energy Investments, a joint venture between state-owned electricity generator and retailer Synergy, global infrastructure investment fund DIF, and Australian industry super fund Cbus secured final approvals including network access to the South West Interconnected System (SWIS).
New state Energy Minister, Bill Johnston, made the formal announcement on behalf of Synergy at a ceremonial signing of documents attended by the project partners.
Synergy Chairman Robert Cole said the business was extremely proud to be part of the Warradarge Wind Farm project, and what that means for renewable projects in Western Australia.
“Synergy has a strong history in developing major solar and wind assets in Western Australia and is committed to increasing its renewable energy portfolio,” Mr Cole said.
“”In developing Warradarge Wind Farm in conjunction with our equity partners DiF and Cbus, Synergy ensures the state of Western Australia meets its renewable energy commitments in accordance with Commonwealth legislation and does so in a structure that delivers the most benefit to the state.”
The Warradarge Wind Farm will have a total output of 180 megawatt with a 50 per cent capacity factor – the equivalent of the average annual electricity needs of 135,000 West Australian homes.
The construction and equipment maintenance contracts have been awarded to world-renowned sustainable energy solutions company Vestas, with construction works to be undertaken by local sub-contractors.
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Bright Energy Investments Pty Ltd (ACN 623 887 936) as Trustee for the SRV Hold Trust