The 240MW Ararat wind farm has been officially opened in Australia’s Victoria state, said the project’s developers.

The $450 million wind farm, financed by shareholders Partners Group, RES, OPTrust and GE, was the first wind farm development to be signed following restored bipartisan support for the Renewable Energy Target (RET) in June 2015.

The wind farm is now operating at full capacity providing enough electricity to power the equivalent of 120,000 homes across Victoria and the ACT, according to the project partners.