New Zealand-based Meridian is developing the A$1bn Macarthur project – billed as the largest wind farm in the Southern Hemisphere – in a 50/50 joint venture with Australian utility AGL.
Meridian secured the debt finance needed for its half from a syndicate led by Australia and New Zealand Banking Group (ANZ).
Macarthur, which is located in the southwest of the state of Victoria, is due for completion in 2013.
The
