Australia’s first offshore wind farm wins international funding

Australia's first offshore wind farm, an $8 billion 2000 megawatt project, has secured financial backing from a major international green energy investment fund.

Offshore Energy has joined with Danish fund management group Copenhagen Infrastructure Partnership to develop the renewable energy project.

The offshore wind farm, dubbed the Star of the South, will be built 10 to 25 kilometres off the coast of Victoria’s Gippsland region, in the Bass Strait, and could provide one and a half times the energy of the now-closed Victorian Hazelwood coal-fired power station.

Offshore Energy managing director Andy Evans told Fairfax Media the partnership would transform the company and lift the viability of offshore wind for Australia.

Read Cole Latimer’s story in today’s Melbourne Age - “Australia’s first offshore wind farm wins international funding.”