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.
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.
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.