The $2 billion, 756 MW Stage 1 development will feature 122 turbines and is expected to start producing green energy in the first quarter of 2025. When both stages of the Golden Plains Wind Farm are complete, the 1,300MW project will provide green electricity to more than 750,000 households, the equivalent of every home in regional Victoria.
“Australia has a significant opportunity to harness renewable energy to green the grid and decarbonise the economy, and we believe we have an important role to play in supporting our clients to accelerate the net-zero transition,” said Sally Reid, Executive General Manager, Global Client Solutions, at Commonwealth Bank. “We’re incredibly proud to support TagEnergy with financing for this important new project, which will deliver reliable, green electricity both to Victoria and the National Electricity Market.”
TagEnergy Chief Executive Franck Woitiez said the mega-project will help accelerate the clean energy transition while bringing economic benefits to the local community.
“TagEnergy is proud to bring our expertise in large scale developments to drive this crucial project. Financial close for Stage 1 is a major milestone for the Golden Plains Wind Farm and our commitment to the Australian market as we work with our partners to help realise Victoria’s and Australia’s renewable energy ambitions.”