Infigen Energy's 113MW Bodangora Wind Farm near Wellington in New South Wales is expected to produce enough energy to meet the needs of over 49,000 homes.
EnergyAustralia has agreed to purchase 60 per cent of Bodangora's output to 2030 and the balance will be actively managed within Infigen's energy markets risk framework.
Bodangora will include 33 General Electric (GE) 3.43MW turbines and it is targeted to be fully operational in the second half of 2018. A consortium of equipment manufacturer GE Australia and civil engineering construction company CATCON has been awarded the engineering, procurement and construction (EPC) contract for the wind farm.
The CEFC is committing $80 million towards a debt finance package with German investment bank NordLB for the $236 million project.
The CEFC's finance for Bodangora builds on its finance for renewable energy projects in New South Wales, enabling the state to capitalise on is natural strengths in renewable energy sources.