Aula Energy has announced construction of its Boulder Creek Wind Farm will commence in November with the project reaching financial close.
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The 228MW wind farm, located 40km southwest of Rockhampton in Queensland, will generate enough clean energy to power the equivalent of more than 85,000 homes per year when it begins scheduled operation in 2027.
CS Energy will be a long-term project partner and has agreed to purchase 100% of the wind farm’s output for 20 years, taking a 50% stake in the project.
The Boulder Creek Wind Farm is Aula Energy’s first project to reach financial close since the business was established by Macquarie Asset Management as an independent entity earlier this year.
Aula Energy CEO Chad Hymas said, “I’m very pleased to have reached this crucial stage in the development of the Boulder Creek Wind Farm. In collaboration with CS Energy and our project partners, we can now get construction underway to deliver the clean energy benefits of this project for Queensland.
“As Aula Energy’s first project to reach financial close, this milestone is a strong endorsement of our team’s capability, resilience, and expertise, and sets us firmly on the path to making a difference in the sector. We look forward to partnering with the community over the long term and for Aula Energy to play a lead role in decarbonising Australia’s energy future.”
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The wind farm will be delivered in collaboration with four major project partners—GE Vernova, DT Infrastructure, Powerlink Queensland, and RES. Debt financing is being provided by CBA, NAB, ANZ and ING.
