Telstra Power Purchase Agreement
Showing their support for renewable energy, some of Australia’s leading organisations have entered in an innovative, long-term power purchase agreement that will cover the First Stage of the Murra Warra Wind Farm.
Led by Telstra, this consortium also includes ANZ, Coco-Cola Amatil and the University of Melbourne. Securing long-term supply and price security, this agreement will allow construction of the wind farm to begin. The deal is a second of its kind for Telstra, following an agreement reached with RES Australia for the 70MW Emerald sold farm in Queensland in May 2017.
What this means for you
This landmark agreement will bring investment in to the area and create a job boost for regional Victoria. With more companies supporting renewable energy, there will be more opportunities to build new projects. In addition to reducing Australia’s emissions, this will also bring stability of income to local landowners.
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