Goldwind offers 1GW of solar and wind portfolio in Australia

It is expected to be valued at US$2.16b after construction.

Goldwind Australia is offering a portfolio of over 1GW of wind and solar colocation projects as well as wind projects across Queensland, Western Australia, and Tasmania. The portfolio is expected to have a value of US$2.16b (A$3b) after the projects are constructed.

According to an announcement, all the projects have executed land rights and are either DA approved or securing DA approval process is underway or commencing. The wind power sites will be supplied with Goldwind turbines and supplemented by Goldwind’s development capability.

Goldwind added that all wind sites have established wind and solar data measurements with site-specific energy estimates. 

The sale process will target existing participants and new entrants to the Australian renewable energy market. PwC has been appointed to run the sales process and will conduct a two-round auction of the portfolio. The process opens flexibility to acquire either 100% or a majority interest in the portfolio of projects.