Ingka Investments has made its second investment in the 1,333 MW Golden Plains Wind Farm in Victoria, Australia, taking a 15 percent stake in Stage 2 of the project.
The first turbines have started spinning at the 756 MW Stage 1 of the project. The first power export followed 20 months of construction. The project consists of 215 turbines that stand 149 metres high with 79-metre blades.
As Golden Plains Wind Farm Stage 1 is energised, Ingka Investments announces its second investment in the project, taking a 15 percent stake in the project’s 577 MW Stage 2, commencing in June 2024 and expected to be completed in mid-2027. The investment continues the partnership with TagEnergy after Ingka Investments secured a 15 percent stake in Stage 1 in 2023. Similar to its pro-rata ownership stake in Stage 1, Ingka Investments will be able to claim up to 15 percent of Stage 2’s output of electricity.
