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Wind farm deal sealed  

Credit:  ABC News | 5 February 2013 | www.abc.net.au ~~

Hydro Tasmania has signed a deal with a Chinese energy company to finance the Musselroe wind farm in northern Tasmania.

Shenhua Clean Energy Holdings has paid $89 million to take a 75 per cent stake in the project.

Executives from both companies joined the Premier, Lara Giddings, at a signing ceremony in Hobart this morning.

The $394 million wind farm is scheduled to begin operating in July.

Source:  ABC News | 5 February 2013 | www.abc.net.au

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

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