Vena Energy to embark on 2-GW offshore wind project in Victoria

Singapore’s Vena Energy, a portfolio company of Global Infrastructure Partners, is planning to build a 2-GW offshore wind farm off the coast of the Australian state of Victoria, it said today.

The scheme, dubbed Blue Marlin Offshore Wind Project, envisages the installation of offshore wind turbines in the Gippsland Basin area, some 23 km (14.3 miles) off the coast. The construction is planned to be carried out in phases, the first one of which is planned to be initiated in 2028.

“Recent changes in regulation and market landscape has highlighted the importance of offshore wind as a large-scale renewable energy source that has the potential to deliver improved security of supply, greater diversity in the energy mix, and better outcomes for electricity consumers,” said Owen Sela, head of Vena Energy in Australia. He also highlighted the efforts of the Victorian government to create a favourable environment for infrastructure investments.

Vena Energy currently has 14 GW of solar, onshore and offshore wind and energy storage projects in its development pipeline. Last month, it unveiled plans to deploy more than 10 GW of offshore turbine capacity across the Asia Pacific region. Its Blue Marlin project joins a list of offshore wind proposals for what is expected to be Australia’s first declared offshore wind zone.

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