CWP Renewables has successfully secured a power purchase agreement (PPA) for its Crudine Ridge Wind Farm, and is set to commence construction in April 2018.Tenders have been released today for a broad range of works on the project which received approval from the NSW Planning Assessment Commission in 2016, and Commonwealth Minister for the Environment and Energy in April 2017.
There are currently 38 tenders open for the Crudine Ridge Wind Farm. The 135 MW project, located near Pyramul, 45 km south of Mudgee in the Central West, NSW, has agreed an energy offtake with Meridian Energy Australia, owners of retailer Powershop.
Comprising 37 wind turbine generators, the project will generate enough clean energy to power 52,000 homes and offset over 325,000 tonnes of carbon emissions each year once constructed.
“We first identified the area in 2007 and through consistent and genuine engagement with the local community, Councils and a wide array of stakeholders the project will now reach its potential”, said Mr Ed Mounsey, Head of Development of CWP Renewables.
The work packages include telecommunications, construction, civil works, fencing, electrical, engineering and plumbing tenders among others and the tenders close on 16 April 2018.
ANZ have been selected as financial advisor on the deal with Norton Rose Fulbright performing the legal advisor role. Construction consortium details are expected to be announced in the coming weeks.
The Project will consist of 37 wind turbine generators, internal access roads and electrical reticulation, a substation, switching station and 16 km of 132 kV transmission line. The Project is expected to commence construction in the second quarter of 2018.
CWP Renewables is an Australian renewable energy developer and asset manager of wind, solar and integrated storage solutions. To date the company has developed and financed 383 MW and of wind farm projects, operates 490 MW, and holds a differentiated pipeline of over 2,000 MW of new projects, including further wind and solar developments within the NEM and the Asian Renewable Energy Hub.
Project construction will be delivered by a consortium involving GE Renewable Energy and Zenviron. GE Renewable Energy will supply the wind turbine generators and Zenviron will execute the onsite construction activities, turbine component transport and also turbine erection activities. Contractors and service providers are encouraged to apply for relevant subcontracts through the Project’s page on the ICN Gateway website.