PRESS RELEASE
Unique opportunity to invest in a portfolio of over 1 GW of renewable energy generation development across three Australian states that will have a project value of over $3bn when constructed, providing investors with significant scale and geographical diversity.
The portfolio, led by global leader in wind power solutions Goldwind in conjunction with a number of development partners, includes large wind and solar colocation projects, as well as several wind projects across Queensland, Western Australia and Tasmania, all promising excellent natural resources and grid connectivity.
All the projects have executed land rights and are either DA approved or securing DA approval process is underway or commencing. The wind power sites will be supplied with Goldwind turbines and supplemented by Goldwind’s development capability.
The sale process will target existing participants and new entrants to the Australian renewable energy market who intend to accelerate growth of their Australian pipeline.
PwC have been appointed to run the sales process and will conduct a two-round auction of the portfolio. Buyers are encouraged to reach out to PwC’s Sally Torgoman if all or part of the portfolio is of interest.
Ning Chen, Vice President Investment and General Manager of Goldwind Capital Australia said ‘Goldwind has been supplying Australian homes with clean energy since 2012.We have a strong track record in the Australian market and trusted relationships with our customers, partners and local communities.’
Business highlights:
- All wind sites have established wind and solar data measurements with site specific energy estimates.
- Transaction process allows for flexibility to acquire either 100% or a majority interest in the portfolio of projects.
Geographical diversity reducing site specific generation risks to investors.
