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AGL wind farm move 

AGL Energy (ASX:AGK) has signed a Heads of Agreement with Meridian Energy to explore the potential joint development of Australasia’s largest wind farm at Macarthur in south west Victoria.

AGL Managing Director Michael Fraser said “The wind farm at Macarthur will potentially be the largest wind farm development in Australia. With a permitted generating capacity of up to 450MW ? enough clean energy capacity to power approximately 250,000 average Australian households ? it would be built on one of the premier wind generation sites in Australia.

“The Heads of Agreement with Meridian Energy will bring together the key skills of both parties to determine the most favourable final generating capacity of the project,” Mr Fraser said.

Meridian Energy is New Zealand’s largest generator of electricity and is committed to using only renewable resources to generate electricity. Meridian Energy develops, owns and operates wind farms throughout New Zealand and also operates nine hydro power stations.

RWE Australian Business News

tradingmarkets.com

6 December 2007

This article is the work of the source indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.

The copyright of this article resides with the author or publisher indicated. As part of its noncommercial educational effort to present the environmental, social, scientific, and economic issues of large-scale wind power development to a global audience seeking such information, National Wind Watch endeavors to observe “fair use” as provided for in section 107 of U.S. Copyright Law and similar “fair dealing” provisions of the copyright laws of other nations. Send requests to excerpt, general inquiries, and comments via e-mail.

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