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Conergy subsidiary EPURON announces sale of 3 wind projects

22 January 2008

EPURON Pty Ltd today announced it has agreed to sell three of its wind power generation projects to electricity retailer, Origin Energy.The three projects, all located in New South Wales, have development consent to produce up to 30MW of electricity each.

The Cullerin Range wind farm project is located west of Goulburn and will comprise 15 wind turbines to generate up to 30MW of energy. Origin expects to commission the wind farm in 2009.

When fully operational, Cullerin Range will save more than 100,000 tonnes of carbon annually and provide enough renewable electricity to power almost 15,000 homes in NSW.

“We are very pleased to announce this significant milestone for our company” said EPURON Executive Director Andrew Durran. “These sites are among the best in NSW with excellent wind resources and access to existing power lines”.

Origin Chief Operating Officer, Karen Moses said “The EPURON deal will see Origin build its own wind facilities for the first time, deepening integration in this area”.

In addition to the sale of the three projects, EPURON has entered into a strategic relationship agreement with Origin Energy providing an option for development of a further 500MW of EPURON sites.

 

For further information about this announcement please contact:

EPURON Pty Ltd
Dana Hughes - Public Relations
Ph: 0407 772 579
Email
www.epuron.com.au

 

For further information:
Conergy Pty Ltd - Ian Kirkham
Unit 6, 44-48 O’Dea Avenue  
Waterloo NSW 2017  
Phone: +61 (02) 8507 2222  Fax: +61 (02) 8507 2220
i.kirkham@conergy.com.au
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