March 18 (Renewables Now) - Australian developer Epuron Pty Ltd has offloaded its up to 1-GW Liverpool Range Wind Farm project in New South Wales to New Zealand-based Tilt Renewables Ltd (NZE:TLT) for an undisclosed sum.
In a press release on Monday, Epuron said it will continue to support the new owner as it moves towards the construction phase of the project, while Tilt Renewables is now responsible for all aspects of the project. Financial details on the sale were not provided.
The Liverpool Range Wind Farm project, envisaging the installation of up to 267 turbines across three shires in the Upper Hunter region of New South Wales, was approved by the state’s government in March last year. Clearance under the federal Environment Protection and Biodiversity Conservation (EPBC) Act was granted in June 2018.
The acquisition has expanded Tilt Renewables' portfolio of late-stage wind projects in New South Wales to over 1.3 GW. The company’s CEO Deion Campbell said the purchase is in line with Tilt Renewables’ vision of becoming a “leading developer and owner of renewable energy generation in Australia and New Zealand.”