RENEWABLE ENERGY SOURCES – VICTORIA

NAB joins group bid to underwrite wind farm

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Original article by Ben Potter
The Australian Financial Review – Page: 8 : 23-Nov-17

The National Australia Bank, Australia Post and the City of Melbourne are among 14 entities that have entered into an electricity-purchase agreement with Pacific Hydro. The agreement, which will see the group acquire 88,000 megawatt hours of energy over the 10 years of the agreement, will underwrite Pacific Hydro’s construction of a wind farm near Ararat in Victoria. NAB chief customer officer Mike Baird says the agreement will help it to meet its goal of getting 50 per cent of its energy needs from renewable sources by 2025.

CORPORATES
NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, AUSTRALIA POST, CITY OF MELBOURNE, CITY OF MORELAND, CITY OF PORT PHILLIP, CITY OF YARRA, ZOOS VICTORIA, BANK AUSTRALIA, FEDERATION SQUARE MANAGEMENT PTY LTD, RMIT UNIVERSITY, MELBOURNE CONVENTION AND EXHIBITION CENTRE, NEXTDC LIMITED – ASX NXT

Giant $8 billion offshore Victoria wind farm studied

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Original article by Ben Potter
The Australian Financial Review – Page: Online : 2-Jun-17

Offshore Energy has been formed to examine the feasiblity of constructing a large wind farm off the Gippsland coast in Victoria. Andy Evans and Terry Kallis, the men behind Offshore Energy, believe that wind conditions off Gippsland are similar to those off Denmark, which is regarded as the world leader in offshore wind farms. The $A8 billion wind farm they are contemplating would take around 10 years to build, and would have the capacity to generate enough power for 1.2 million homes.

CORPORATES
OFFSHORE ENERGY PTY LTD, ACCIONA SA, ELECTRANET SA, PETRATHERM LIMITED – ASX PTR, WSP ENVIRONMENTAL PTY LTD, PARSONS BRINCKERHOFF AUSTRALIA PTY LTD, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. CLEAN ENERGY FINANCE CORPORATION, AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION