Guohua’s Australian subsidiary Shenhua Clean Energy Holding has already invested in Hydro Tasmania’s two Woolnorth wind projects.
The latest deal sees it gaining majority ownership of the larger 168MW Musselroe wind farm, currently under construction in north-east Tasmania and backed by A$395m ($414m) in investment.
The agreement is subject to several conditions, including project finance, execution of a formal connection agreement and Chinese regulatory approvals.
It
