China's Goldwind bidding for $926m project in Australia

Chinese turbine manufacturer Goldwind is seeking to buy a 157-turbine wind farm in Australia as it expands its presence in overseas markets.

The company has joined with Chinese power company China Three Gorges New Energy Corporation in a bid for the Stockyard Hill project owned by Origin Energy in Victoria state, an industry source confirms.

The planned sale is estimated to be worth A$900m ($926m), according to a Wall Street Journal report.

Origin, Australia’s largest electricity retailer, declined to discuss the report, saying only that it has been evaluating options for the project since earlier this year.

“These options include interested parties constructing the wind farm on Origin's behalf through to the sale of the project Log in to read complete article.

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