Clean energy firm TagEnergy SA has inked a second power purchase agreement (PPA) for electricity from the initial phase of the 1.3-GW Golden Plains Wind Farm project in Victoria, the company announced via LinkedIn on Tuesday.
The agreement, with digital infrastructure company Equinix, covers 20% of the power generation and large-scale generation certificates (LGCs) from the 756-MW first stage, according to TagEnergy.
This follows a previous deal with federal government-owned power producer and retailer Snowy Hydro Ltd for 40% of the power output and LGCs from the same section.
The Stage One project, also known as Golden Plains Wind Farm East, represents a AUD 2 billion (USD 1.3bn/EUR 1.21bn) investment and is situated 60 km northwest of Geelong in the Golden Plains Shire. It is set to feature 122 V162-6.2 MW turbines supplied by Denmark's Vestas Wind Systems and is expected to commence operations by the end of 2025.
Following a recent agreement, TagEnergy and Ingka Investments now jointly own the first stage, with Ingka holding a 15% stake.
The second phase, Golden Plains Wind Farm West, is scheduled to begin construction later this year. Upon completion of both phases, the complex will have the capacity to generate over 4,000 GWh of electricity annually, sufficient to power more than 750,000 local households.