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
is
expected
to
reach
financial
close
by
the
end
of
2012.
Guohua,
a
unit
of
China’s
state-owned
coal
giant
Shenhua
group,
was
offered
a
six-month
exclusivity
period…
