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Partners Group completed the acquisition of Murra Warra II Wind Farm for A$180m.

Synopsis

Partners Group, the global private markets investment manager, has invested over A$180m in equity on behalf of its clients to acquire and construct the second stage of Murra Warra Wind Farm in Australia. The construction of Murra Warra II will commence this month and is expected to be completed by mid-2022. The wind farm will comprise 38 GE Cypress 5.5MW turbines with a total nameplate capacity of 209MW, located approximately 30 kilometers north of Horsham in the state of Victoria, next to Murra Warra I. "Murra Warra I and II add to our substantial portfolio of renewable energy assets across the Asia-Pacific region. Together, the two wind farms will have a combined capacity of over 400MW. In order to ensure such large-scale developments are completed on time and within budget, we believe it is important to have the right in-house expertise to identify and manage risks and to partner with counterparties who bring the right capabilities and experience to deliver a project," Nandan Balachandran, Private Infrastructure Asia Member of Management.

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