Octopus Australia adds 1GW of wind to development portfolio
Transactions - JUNE 4, 2024

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Octopus Australia adds 1GW of wind to development portfolio

by Released

Octopus Australia has added 28,000 hectares (69,000 acres) of land near Deniliquin, a town in the Riverina region of New South Wales, Australia, for the development of the new 1-gigawatt Merino Wind Farm. The land is adjacent to the 400-megawatt Saltbush (formerly Hay Plains) Wind Farm also owned by Octopus.

With this latest acquisition, Octopus has now secured up to 35,000 hectares (86,000 acres) in the South-West NSW Renewable Energy Zone (SW-NSW REZ), owing to the strong trust and relationships established with the local landowners. This extensive landholding will enable the generation of more than 1.5 gigawatts of power through the ongoing development of the 400-megawatt Saltbush Wind Farm and the newly established $3.5 billion, 1-gigawatt Merino Wind Farm. These developments will be supported by large-scale solar and battery storage, creating firmed renewable-energy generation for the area. The additional land also offers the potential to connect to key transmission line

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