Plans for the deal between Shenhua and developer HydroTasmania were announcedin September last year, but financial terms were not disclosed.

Shenhua, a unit of Beijing-based Guohua Energy Investment, which is inturn part of the world’s largest coal company, state-owned Shenhua Group, hasalready invested in HydroTasmania’s Woolnorth wind farms.

The new agreement sees the Chinese company take a 75% stake in the 168MWMusselroe project.