Lake Bonney 1 SA, Australia
Lake Bonney stage 1 commenced full commercial operation in March 2005 with a total installed capacity of 80.5MW and a net capacity factor of 30.3%. Lake Bonney stage 1 comprises 46 Vestas 1.75MW wind turbines. It is located on the Woakwine Range, about 2km from the eastern shore of Lake Bonney, near Millicent in South Australia. 
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Funding
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Australian dollar denominated limited recourse debt provided by a syndicate of banks
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Revenue
assurance
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All the electricity and renewable energy certificate outputs are sold under a single long term offtake contract with a term of 10 years1
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Customers
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Country Energy - the fourth largest electricity retailer in Australia and wholly-owned by the government of New South Wales, Australia
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Operation
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Operations and maintenance contract for five year1 term with Vestas
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Land
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Land leases typically with 30 year2 tenure and option to extend for two additional five year terms
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Regulatory
regime
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Australian MRET Scheme
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Note:
1. from the start of operations: 2005
2. through to 2032