The assets include the 58 MW Hume hydro power station on the Murray River, the 27.2 MW Burrinjuck hydro power station in South West NSW, the 7.2 MW Keepit hydro power station, the 9.9 MW Blayney wind farm and 80% of the 4.2 MW Crockwell wind farm.
Trustpower said it believes that these assets will perform well within its existing renewable energy portfolio and that it is well experienced in the operation and maintenance of the type of assets being purchased.
Trustpower expects that in an average year the hydro and wind assets will produce around 270 GWh and in the first full year of Trustpower ownership will contribute around A$8.5 million to Group EBITDAF.
TrustPower already operates the 48-turbine Snowtown 1 wind farm in South Australia and is currently completing the 270MW,  Snowtown 2 extension. It has numerous other development sites, but says these will depend on the outcome of the review of the renewable energy target.
