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Saturday, 04 February 2012

AGL tilts at windfarms

AGL Energy has bought two windfarm development projects in Queensland and Victoria from Investec Wind Holdings Pty Ltd (Investec) for A$14m. The windfarm at Oaklands in Victoria is a 63MW project costing around A$210m while the Coopers Gap project in Queensland is a 500MW project costing around A$1.2bn. The Victorian project has development approval while the Queensland project will submit a development application early this year.

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