Nov 20, 2017 Last Updated 3:31 PM, Nov 20, 2017

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Nexif Energy announces two new wind generation projects

wind farmAusBNAusBN - Independent energy start-up Nexif Energy has lifted the lid on two wind power projects which have attracted attention from German engineering firm Senvion.

The Australia and South East Asia-focused power producers confirmed that a contractual agreement has been made with Senvion, who will engineer, supply and construct two wind farms in southern Australia.

The Lincoln Gap Wind Farm in South Australia will produce 212MW of wind energy when operational, while early work at 90MW Glen Innes Wind Farm in New South Wales began last month.

The two facilities will boost Australia’s renewable energy industry, which has recently come under threat with Malcolm Turnbull indicating a likely return to investment in coal-based energy.

Matthew Bartley, Nexif Energy’s founder and co-CEO said: “We are proud to announce this major milestone for our Australian wind farm projects and we are looking forward to working with Senvion and starting construction in the next few months.

“Representing an investment of over AUS$600 million when constructed, our wind farm projects in Australia form a major part of our growth plans.”

Nexif was formed in August 2015 in a merger deal between a Singapore-based power management company and Denham Capital, an energy and private equity firm.

@AusBNOnline

 

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