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| Acciona to install wind farm in Australia Acciona Energy will install a 200 MW wind farm in the Australian State of Victoria, with a total investment of 238 million euros (400 million Australian dollars), half of which will be financed by the ANZ Investment Bank. The Waubra wind farm will be the second wind energy facility installed by Acciona in Australia. It is located northwest of the town, in the Ballarat and Pyrenees territory. Construction will begin in September. A 30 million ($50 million) investment has been pledged for the firs phase. A further 208 million ($350 million) will be committed in early 2007 to continue the first stage of work through to completion of the wind farm in early 2008. The Waubra wind farm will be the second one to be developed by Acciona in Australia, where the company owns 50% of the 66 MW Cathedral Rocks wind farm in South Australia in operation since 2005 the other half being owned by the utility Hydro Tasmania. write your comments about the article :: © 2006 Construction News :: home page |