Construction of the mammoth Stockyard Hill Wind Farm in the Pyrenees Shire is expected to begin as early as the first half of 2018 after developers successfully secured the finance for the project late last year.
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The development which is set to boast 149 turbines was given approval from Planning Minister Richard Wynne in 2017 and was purchased by Chinese company Goldwind later in the year.
The National Australia Bank led a nine-member banking syndicate to finance the project which is worth almost $700 million. The syndicate is made up of banks from Australia, Japan, China and Europe.
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In a statement Goldwind Australia managing director John Titchen said “we are very pleased to appoint the SNC-Lavalin WBHO Joint Venture as the preferred contractor”.
“Preliminary work will commence on site soon and we anticipate full construction will be underway in the first quarter of 2018.”
The development comes amid a flurry of wind farm construction throughout the Central Highlands region, with works on the Moorabool, Lal Lal both commencing in 2018.
The Yaloak South Wind Farm, which is also located within the Moorabool Shire, is also expected to be completed this year.
