local case study
AustraliaThe wind farm has an output of 10.8 MW and connected to the existing 22 kV electricity network in the Southwest of Victoria via two separate connection points (Ferguson North 3.6 MW and Ferguson South 7.2 MW). The three Vestas V136 4.0 MW turbines have 132m hub height (tip height 200m) and produce the equivalent energy usage of around 7,500 households.
Ferguson became operational in 2021 and was together with our Diapur wind farm acquired in 2022 by Australian independent profit-to-members superannuation fund Prime Super. The fund's purchase of the two wind farms is part of a strategy to grow its number of climate-positive assets.
BayWa r.e. continues to invest and reinvest in Australia and having established a leading team is now developing gigawatt-scale wind farms in New South Wales and Queensland.
BayWa r.e. Projects Australia has recently announced the development of three larger-scale wind farm developments – Bullawah 1 GW, Kariboe 1 GW, and Wimmera Plains Energy Facility 400 MW. With many more wind, solar and storage developments in the pipeline, the company is fast becoming a serious player in Australia’s energy transition.
Prime Super’s investment manager is PATRIZIA. Saji Anantakrishnan, Head of Infrastructure, Australia and Asia at PATRIZIA said: “With the need to decarbonize only accelerating, investments in renewable energy infrastructure continue to provide the stable, long-term income that is highly attractive for our institutional partners.
The newly acquired Ferguson and Diapur wind farms are modern, high-quality assets that commenced operations in late 2021 and benefit from a strong wind resource.”
Daniel Gaefke, APAC Director, BayWa r.e. added: “The market potential in Australia is significant for BayWa r.e. Through our tailored solutions, we are able to cater to each states’ specific needs to meet their clean energy ambitions. Looking at Victoria, where the state is targeting 50 percent renewable energy by 2030, we hope to make a substantial contribution to the states’ rapid energy transition.
The sales of our renewable energy projects will not only help drive our company’s growth but will also enable us to build on our current expertise to provide more renewable solutions for future energy needs.”
Acknowledgement of Country
BayWa r.e. acknowledges Traditional Owners of Country throughout Australia and recognises their continuing connection to lands, waters and communities. We pay our respect to Aboriginal and Torres Strait Islander cultures; and to Elders past, present and emerging. We acknowledge the stories, traditions and living cultures of First Nations peoples on the lands on which we operate.