MirusWind Pty Ltd (MirusWind) began developing concepts for a wind farm near Walcha in 2004. In June 2019, Wind Power Invest (WPI), a wholly-owned subsidiary of Danish wind energy company Vestas, acquired a majority stake in WinterbourneWind Pty Ltd (WWPL) from MirusWind. Funded by Vestas, WWPL is now developing the wind farm project with the objective of commencing construction in 2023.
Vestas is a global leader in sustainable energy solutions. Vestas designs, manufactures, installs and services wind turbines around the world. Vestas has been active in Australia since 2001 and employs around 500 staff in Australia and New Zealand involved in the sales, construction and maintenance of wind farms.
Vestas is funding the development and design of this wind farm project, and is committed to supplying the wind turbines, managing project construction and providing long-term operation and maintenance services for the plant.
As part of an innovative community ownership and revenue sharing arrangement, 5% of WinterbourneWind Pty Ltd is held by WalchaWind Pty Ltd. Turbine hosts, easement owners and project neighbours will be invited to become involved in this 5% ownership at no cost to them. In turn, WalchaWind has committed to sharing the benefits it receives 50%:50% with the broader Walcha community. We believe this model will deliver durable financial and social benefits to the community and ensure the long-term success of the project.
MirusWind and Energy Estate Pty Ltd recently formed a joint venture known as WalchaEnergy Pty Ltd (WalchaEnergy) to develop other renewable energy projects in the Walcha area. WalchaEnergy submitted a Scoping Report for the Salisbury Solar Farm project, located northwest of the Winterbourne Wind Farm, in July 2019. WalchaEnergy is also developing other wind farm and pumped hydro projects in the Walcha area.