Corio Generation is planning a new offshore wind project in Australia, named Great Eastern Offshore Wind. If approved for construction following ongoing feasibility studies and consultation with local stakeholders, the 2.5GW project could be among the first tranche of offshore wind projects built in Australia.
The wind farm will be located 22 kilometres off the Wellington Shire coast in Gippsland, Victoria. The announcement means Corio’s planned Australian offshore wind energy projects now total 4 GW. This includes the previously announced Great Southern Offshore Wind project, located off Gippsland’s Bass Coast, which is expected to have an installed capacity of up to 1.5GW. Corio Generation is a portfolio company of Macquarie’s Green Investment Group (GIG), operating on a standalone basis. Launched as a specialist offshore wind business in April 2022, it brings together an international team of financial and industrial experts to harness offshore wind energy worldwide.