Leading utility AGL Energy has bought the development rights to what could be the largest wind farm in the southern hemisphere, the Silverton wind farm near Broken Hill, and says it could start the first stage of development in 2013. AGL bought the rights from wind developer Epuron and Macquarie Capital. They had plans for a 1000MW facility, which would have cost $2.5 billion, although any such development would likely require an upgrade of the network links to the area.
AGL said in a statement on Friday that it had acquired the development rights for Silverton through the acquisition of 100 percent of the shares in Silverton Wind Farm Holdings Pty Ltd. It said the wind farm has development approval for 282 wind turbines in Stage 1 and concept approval for a further 316 wind turbines in subsequent stages.
New Economy
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