Major Queensland Wind Farm to Receive $1 Billion in Additional Funding

Date:

Photo of land clearing and preparation for the Clarke Creek wind farm in central Queensland, Australia. Courtesy of Steven NowakowskiSquadron Energy, the company behind regional Queensland’s massive Clarke Creek Wind Farm, says it has secured an additional $1 billion (US $650 million) in funding from 10 capital partners.The energy company, owned by mining tycoon Andrew Forrest and his family’s Tattarang company, said the latest deal had the backing of existing partners, but did not elaborate on who they were.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Feds Preferred Inflation Measure Rises to 3.5 Percent in March Amid Iran War

A man at a gas station in Elkridge, Md.,...

How Does Medicare With Employer Coverage Work?

Before you delay Medicare, understand how it works with...

Your 401(k) Gift Could Be a Retirement Trap

Not preparing for tax consequences is one of the...