Naturgy to Signs PPA to Build 58GW Wind Farm in Australia
June 11 2021 - 6:58AM
Dow Jones News
By Giulia Petroni
Naturgy Energy Group SA said Friday that it has signed a power
purchase agreement with Telstra Corp. to build a 58-megawatt wind
farm in New South Wales, Australia.
The Spanish energy company said construction works should start
in the last quarter of the year and the farm, called Crookwell 3,
is expected to be operational in the first half of 2023.
Naturgy signed the agreement through its subsidiary Global Power
Generation, which will invest around 120 million Australian dollars
($92.9 million) to develop the project.
The farm is set to generate enough energy to power an equivalent
of 40,000 households.
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
June 11, 2021 06:44 ET (10:44 GMT)
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