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AGL buys rights to 71 MW project
1 June 2007
Australia's largest retail energy supplier, AGL Energy, has acquired the development rights to a 71 MW wind farm at Hallett Hill, 200 kilometres north of Adelaide in South Australia. It bought the rights from Wind Prospect Pty for an undisclosed sum. The development will consist of 34 wind turbines and is expected to begin commercial operation in the second half of 2009. AGL is already building a $236 million (EUR 143.84 million), 95 MW wind farm about 20 kilometres away, consisting of 45 Suzlon 2.1 MW turbines. By the end of the decade, AGL could be operating 134 wind turbines in South Australia with a combined capacity of 255 MW, says the company's Paul Anthony, who before taking over the helm at AGL spent a short period as CEO of wind turbine rotor blade supplier LM Glasfiber. "Combined with an existing 645 MW of hydro, a further 145 MW currently under construction, and an additional 400 MW of wind generation permitted and under investment consideration, these assets will make AGL far and away the largest listed owner and developer of renewable generation in Australasia," he adds.
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