2022-08-11
http://w3.windfair.net/wind-energy/news/40018-shell-australia-westwind-acquisition-new-south-wales-queensland-victoria-clean-energy-economy

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Shell Australia makes first investment in wind through partnership with WestWind

Shell Australia announced yesterday to acquire 49% of Australian wind farm developer WestWind Energy with a 3GW project pipeline across Victoria, New South Wales and Queensland.

Bild: PixabayBild: Pixabay

Shell Australia Country Chair, Tony Nunan, said: “Meeting our customers’ energy needs today and into the future by developing renewable energy is core to Shell’s strategy. WestWind has an impressive pipeline of Australian wind projects and proven capability in the development of onshore wind here and, via its parent company, overseas. Our first wind investment in Australia is a significant step in our goal to build a low-carbon integrated power business in Australia in line with our customers' evolving energy needs."

WestWind Energy Managing Director, Tobias Geiger, said: “This is an exciting day for WestWind Energy and, more importantly, for Australia’s transition to a clean energy economy. In partnership with Shell, we can accelerate our development of wind energy projects in Victoria and expand into NSW and Queensland. We will be able to grow our team to undertake a larger number of projects, and progress them much faster,” Mr Geiger said.

The acquisition of 49% of WestWind complements Shell’s earlier investment in Australian solar developer, ESCO Pacific, as a key part of Shell’s strategy to build a diversified and integrated portfolio of low-carbon generation assets.

Source:
Shell
Author:
Windmesse Redaktion
Email:
presse@windmesse.de
Keywords:
Shell, Australia, WestWind, acquisition, New South Wales, Queensland, Victoria, clean energy economy



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