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Kara de Groot

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Archive January 3, 2017

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BDT Jan 3,2017

Wind farm sold

The sale of the proposed Silverton wind farm has been finalised, with electricity company AGL Energy selling the project to the Powering Australia Renewables Fund.

The $36 million sale was part of an offtake funding agreement between the two, which will see AGL purchase power from the windfarm at $65 per mega watt hour for the next five years, with an option to extend for the next five years at the same or lower price.

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by Kara de Groot

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