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CWP Asset Management to provide services to two new Wirsol Energy solar farms in Australia

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PRESS RELEASE

CWP Asset Management has been awarded contracts by Wirsol Energy to provide asset management services to two new solar PV projects in Australia.

The 110MW Wemen Solar Farm in Victoria and the 89MW Clermont Solar Farm in Queensland reached financial close yesterday, and will commence construction in January 2018.

CWP’s Managing Director Alex Hewitt said “We’d like to congratulate Wirsol on the successful financing of these two large solar projects. We are really looking forward to working with the Wirsol team.“

CWP Asset Management will deliver services to these projects through its asset management team in Canberra, which manages 690 MW of wind and solar farms on behalf of project owners.

“Our team in Canberra is growing very quickly, as we offer our experience and our capabilities to other renewable energy project owners, to maximise their project value and to provide a safe pair of hands for their investments” said Mr Hewitt.

“Canberra is a great central location for providing asset management services nationally, and it is seeing the benefits of the ACT Government’s strong support for the renewable energy sector. We look forward to employing more Canberrans and to working with other renewable energy project owners nationally” said CWPs Head of Asset Management, Bill Filby.

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