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Ark Energy Signs PPA With Telstra For Supply Of Electricity From 923.4MW Wind Farm In Australia


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    Ark Energy Signs PPA With Telstra For Supply Of Electricity From 923.4MW Wind Farm In Australia

    • 6 Oct 2022
    THIS COMMENTARY IS PUBLISHED BY FITCH SOLUTIONS COUNTRY RISK & INDUSTRY RESEARCH and is NOT a comment on Fitch Ratings' Credit Ratings. Any comments or data are solely derived from Fitch Solutions Country Risk & Industry Research and independent sources. Fitch Ratings analysts do not share data or information with Fitch Solutions Country Risk & Industry Research.

    News: Ark Energy has signed a power purchase agreement (PPA) with Telstra to supply electricity from its share of the 923.4MW MacIntyre wind farm in Australia. The wind farm is owned by Ark Energy and ACCIONA EnergĂ­a and the 30% stake of Ark Energy will be used to decarbonise the Sun Metals Zinc Refinery in Townsville and Telstra. Commissioning of the wind project is scheduled in 2025, according to a press release from Ark Energy.

    This report from Fitch Solutions Country Risk & Industry Research is a product of Fitch Solutions Group Ltd, UK Company registration number 08789939 ('FSG'). FSG is an affiliate of Fitch Ratings Inc. ('Fitch Ratings'). FSG is solely responsible for the content of this report, without any input from Fitch Ratings.

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