Adelaide Advertiser
Thursday 25/3/2010 Page: 58
THE owner of the proposed 450MW wind-farm project at Woakwine in South Australia will use proceeds from the sale of its overseas assets to fast-track its key Australian projects. The group flagged the sale of its US, French and German assets last year. In an investor presentation earlier this week, however, it said the "processes are in the final binding bid phase". "If appropriate, (Infigen Energy) will utilise proceeds to accelerate development pipeline in Australia," the presentation said. Infigen Energy is Australia's largest owner of wind farms by total capacity. Most are in its two SA projects at WoakWine and Lincoln Gap (177MW).
Infigen Energy's development manager Frank Boland last month said landowner agreements were in place for its Woakwine project, which stretches from Cape Jaffa to Beachport in the South-East of the state. "The Development Application and grid connection are also both significantly well progressed," he said. Infigen Energy spokesperson Rosalie Duff yesterday refused to say which projects would be fast-tracked. "It's (Woakwine) is clearly a key project but we haven't given any timeline on any projects," she said. Infigen Energy has interests in 41 wind farms with a capacity of approximately 2246 MW.
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