Waterloo Windfarm Stage 2

In May 2015, Waterloo Windfarm (WWF) Pty Ltd requested a proposal for project management and owners engineer services relating to a $39.6M extension (Stage 2) of their existing 111MW windfarm at Waterloo, South Australia. The existing infrastructure consisting of 37 Vestas V90-3.0MW turbines was sold as EnergyAustralia’s 75% equity divestment in Waterloo in May 2013 to Waterloo’s joint equity partners, Palisade Investment Partners and Northleaf Capital Partners for $228M.

Waterloo Windfarm Stage 2, South Australia

Waterloo Windfarm Stage 2, South Australia

This included the development rights for Stage 2, acquired by WWF for $15,000. The project entails construction of six 3.3MW Vestas wind turbines, south of the existing infrastructure along a continuation of the topographic longitudinal ridgeline - a natural geological feature of the district – with lease agreements signed with two landholders for the turbines and a further one for the cable route back to the existing infrastructure transformer.

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Ekistica was initially engaged by Palisade Investment Partners to help develop the project through to FID, inclusive of the development of a comprehensive risk management strategy for the project; and subsequently to provide project manager and owners engineer services for the project.