- Published: 09 September 2020 09 September 2020
The Australian Capital Territory (ACT) Government has announced the award to Global Power Generation (GPG), a joint venture of Naturgy Energy Group (75%) and the Kuwait Investment Authority (25%), a contract to build a 10 MW wind farm located at Victoria State, approximately 150 km from Melbourne, Australia.
Additionally, and as part of the commitments associated to the wind farm project, GPG has committed to install a 20 MWh battery energy storage system located within the Australian Capital Territory, that will allow to support the ACT distribution grid at the Queanbeyan substation, in partnership with TransGrid, the Transmission Network Service Provider in the region.
The wind farm, called Berrybank-Stage2, will entail a total investment of AUD 215 million (equivalent to approximately € 131 million), will start operations in the second half 2022. The awarded contract is a 10 years Deed of Entitlement at a regulated tariff, for the energy equivalent to 100 MW capacity.