Wind farm a boost to Australian industry
- New South Wales
- Renewable energy
Wind farm drew on Australian manufacturing, resources and skills
Taralga Wind Farm, situated near the NSW Southern Tablelands township of Taralga, has the capacity to generate enough wind power for about 38,000 homes.
The project used Australian manufactured towers made in Portland from BlueScope steel. As well as boosting the local wind engineering sector, it supported Australian manufacturing capability and supply chain scale, creating valuable business and regional manufacturing employment.
Significant emissions reduction capabilities
The 107MW Taralga Wind Farm expands Australia's renewable energy capacity and avoids carbon emissions of approximately 240,000 tonnes a year.
CEFC provided $37.5 million for the construction and operation of the $288 million wind farm as part of a $176 million debt package which also involved ANZ and EKF (the official export credit agency of Denmark).
The CEFC finance was fully repaid in August 2019.
New South Wales, Wind, Renewable energy