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Wind farm deal sealed
Credit: ABC News | 5 February 2013 | www.abc.net.au ~~
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Translate: FROM English | TO English
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.
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