Posted by: Windfair Editors
ACCIONA and ICO Finalize Finances of Mt. Gellibrand Wind Farm in Australia
Official Press Release ACCIONA:
ICO and ACCIONA sign a loan agreement for 75 million Australian dollars to finance the construction of a wind farm in Australia
ACCIONA has been present in Australia since 2002, where it has infrastructure, water and energy projects. Mt. Gellibrand will be the fourth wind farm owned by the company in the country.
The President of Instituto de Crédito Oficial (ICO) Pablo Zalba and ACCIONA Managing Director for Economics and Finance Carlos Arilla have signed an agreement for a loan of 75 million Australian dollars (51 million euros equivalent) to finance the construction and start-up of the Mt. Gellibrand wind farm in the State of Victoria. The new wind farm, which will come on stream in the second semester of 2018, has a total capacity of 132 megawatts (MW). The electricity generated by the facility will all be sold in the wholesale market (pool). The Government of the State of Victoria... ... More: Official Press Release ACCIONA
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