Capital Wind Farm, NSW, Australia

The Capital wind farm (Capital) commenced full operations in October 2009, with a total installed capacity of 140.7MW. It comprises 67 Suzlon S88 wind turbines which all have a rating of 2.1MW. Capital is located near Bungendore in New South Wales, Australia and has a net capacity factor of approximately 35.8%.

The Capital wind farm was officially opened by The Hon Kevin Rudd MP, Prime Minister of Australia, on 18 November 2009. 


Capital

 

Key Information

Funding

Additional debt facilities under existing global corporate facility, existing cash and scrip. Approximately 14 million IFN securities issued to National Power and Carbon Solutions as part consideration

Revenue

assurance

Renewable Energy Certificates (RECs) sold under a 20-year PPA with Sydney Water; separate 20-year electricity/REC supply agreement with electricity retailer. 

Customers

Sydney Water

Operation

Services and maintenance agreement with Suzlon for five years

Land

25 year land leases with additional five year option

Infigen's % ownership

100%

Regulatory

regime

Current and proposed, Federal and State based renewable energy policies