LINCOLN GAP WIND FARM POWERS ON TO BREAK GROUND

Leading independent power producer Nexif Energy will officially break ground of its $450-million windfarm project in South Australia today.

The Lincoln Gap Wind Farm, located 15 kilometres west of Port Augusta, will, when completed, produce enough electricity to power around 155,000 homes in South Australia and offset more than 600,000 tonnes of CO2 every year of its operation.

“We’re delighted to be bringing this long-planned project to fruition,” said Zeki Akbas from Nexif Energy Australia.

“Nexif Energy are committed to building something which will make a significant contribution to the renewable energy target while helping grid stability and reliability in South Australia and we anticipate the wind farm will operate for 25+ years, providing green, clean energy for the state.

“Nexif Energy has worked meticulously to develop a highly productive, innovative and practical renewable power model which will bring about real and sustainable benefits to South Australian communities.”

The Lincoln Gap Wind Farm is a 212MW initiative involving the construction and operation of up to 59 Senvion wind turbines and allowances for battery storage of power. The project will feed into the national electricity grid via the Electranet transmission network.

The windfarm will be built on farmland on a raised plateau next to the Eyre Highway. It is expected to be commissioned in late 2018.

The average construction workforce will be 110 – 130 people, with more than 50 per cent sourced from South Australia.

An important aspect of the project is the inclusion of 10MW battery storage at the wind farm as part of a major new development to more reliably integrate renewable energy into the National Electricity Market, with the large-scale battery delivering fast response storage capacity.

In addition to the Lincoln Gap Wind Farm, Nexif Energy is at an advanced stage of development of its 90MW wind farm in the Waterloo Ranges, approximately 15km west of Glen Innes in the Northern Tablelands region of New South Wales.

Together, the Lincoln Gap Wind Farm and Glen Innes Wind Farm will, when fully constructed, represent an investment by Nexif Energy in projects representing more than $600 million.

Nexif Energy was established in August 2015 by Nexif, a Singapore-based independent power management company, and Denham Capital, a leading global energy-focused private equity firm with more than $9.0 billion of invested and committed capital across eight fund vehicles, to develop, finance, construct and opportunistically acquire conventional and renewable power generation assets across Australia and South-East Asia.

For more information visit www.nexifenergy.com

For more information or interviews: Contact Victoria Moore at The Press Gallery –
0407 151 256 or victoria@thepressgallery.com.au