BRIEF-Infigen Energy Enters Into Collector Wind Farm Power Purchase Agreement By Reuters

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BRIEF-Infigen Energy Enters Into Collector Wind Farm Power Purchase Agreement

Commodities Mar 09, 2020 12:22

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BRIEF-Infigen Energy Enters Into Collector Wind Farm Power Purchase Agreement

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March 9 (Reuters) - Infigen Energy Ltd IFN.AX :

* INFIGEN ENTERS INTO COLLECTOR WIND FARM POWER PURCHASE AGREEMENT

* TENOR FOR PREVIOUSLY ANNOUNCED PPA OVER ELECTRICITY FROM 21MW TOORA WIND FARM IN VICTORIA IS 3 YEARS, EXPIRING 31 DEC 2022

* PPA IS FOR 60% OF OUTPUT FROM 227MW COLLECTOR WIND FARM, EQUIVALENT TO 136MW OF NAMEPLATE CAPACITY

* FIRST PRODUCTION AT COLLECTOR WIND FARM SCHEDULED FOR LATE CY20; START OF COMMERCIAL OPERATIONS EXPECTED IN EARLY CY21

* AFTER APPLYING ESTIMATED MARGINAL LOSS FACTOR, AVERAGE ANNUAL O/P TO BE PURCHASED IS EXPECTED ABOUT 300GWH OF ELECTRICITY & 0.30 MILLION LGCS

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BRIEF-Infigen Energy Enters Into Collector Wind Farm Power Purchase Agreement

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