Mt Mercer Wind Farm begins Generating Power

Meridian Energy met a major milestone today with first power generated at the Mt Mercer Wind Farm in Victoria, Australia.

The planned 64-turbine wind farm is being constructed near Ballarat in Victoria and is scheduled for completion late 2014. Mt Mercer will have a capacity of 131 MW, bringing Meridian’s total operating portfolio in Australia to 201 MW.

Mt Mercer is the third wind farm project that Meridian has developed in Australia and complements its existing Mt Millar wind farm in South Australia.

“Meridian considers Australia as the most attractive market to export its capabilities and expertise in wind power development,” says Meridian CEO Mark Binns.

“Through innovative contractual arrangements and close co-operation with our partners, we have demonstrated that new renewable energy projects can be successfully delivered,” says Mr Binns.

“In particular, the Federal Government’s RET Scheme has provided a strong financial incentive to invest in wind farms in Australia.

“The Mt Mercer development will also support the entry of Powershop into the Australian retail market in Victoria. This is a great opportunity for Victorians to support renewable energy and experience Powershop’s unique online offering,” says Mr Binns.

Source: Meredian Inc.

For more information on: Meredian Inc.