Engie acquires 420MW Hills of Gold wind farm for $750m

Hills of Gold
The Hills of Gold project will feature 70 wind turbines. Image credit: Appolinary Kalashnikova on Unsplash.

French multinational electric utility company ENGIE has acquired the 420MW Hills of Gold Wind Farm development near Nundle, New South Wales, Australia.

The $750m wind power facility will be developed and operated by ENGIE Australia & New Zealand, after the acquisition of project entity, Wind Energy Partners.

The Hills of Gold project is contained within three local government areas that include Tamworth Regional Council, Upper Hunter Shire Council, and Liverpool Plains Shire Council.

Located about 5km south of Hanging Rock and 8km south-east of Nundle, the project will feature a total of 70 wind turbine generators, each with a generating capacity of up to 6MW per unit.

Upon completion, the Hills of Gold wind farm will produce up to 1,100Gwh per annum, which is equivalent to power 185,000 average Australian homes.

ENGIE ANZ’s General Manager of Asset Development Andrew Kerley said: “The Hills of Gold Wind Farm is a quality project that adds renewable energy to the national grid, while also creating local economic activity during construction and operation of the 25-year lifespan of the asset.

“We’re looking forward to the opportunity of building the Hills of Gold Wind Farm and to working with the local community to unlock the benefits of renewable energy development.”

Hills of Gold project to create 645 jobs during construction stage

During the construction phase, which is planned to begin in early 2022, the wind project is expected to create over 215 direct jobs and about 430 indirect jobs.

Once operational, the wind farm is anticipated to the creation of about 30 permanent jobs and 50 indirect jobs.

The project will also comprise a 33kV/330kV onsite substation, which connects to the existing 330kV TransGrid Liddell to Tamworth overhead transmission line network via a dedicated transmission line from the wind farm.