State-owned energy provider CleanCo Queensland has decided not to go ahead with its acquisition of the Moah Creek wind farm project, instead opting for an offtake deal with another wind farm.
CleanCo said the wind farm project no longer aligns with its current strategic activities, commercial portfolio and investment priorities, given changing energy market conditions.
Following this decision, CleanCo withdrew from further development or delivery activities for the Moah Creek wind farm but remains open for potential future offtake opportunities from the wind farm.
After dropping its option to acquire Moah Creek, CleanCo announced the following day that it signed a long-term offtake deal with clean energy provider Windlab.
Under the new 10-year agreement, CleanCo will secure 75 per cent of Kennedy Energy Park’s wind energy output from mid-2028, delivering renewable power into the grid and reinforcing Hughenden’s role as a strategic energy hub.
The 43MW wind farm is known for its consistently strong wind profile and dependable annual output.
CleanCo CEO Tom Metcalfe said: “Our customers are looking for sustainable energy they can count on, and Kennedy’s strong, steady wind resource helps us deliver just that.
“This deal expands CleanCo’s growing portfolio of lower-emissions energy generation.”
Kennedy Energy Park is a hybrid renewable facility comprising 12 wind turbines, more than 55,000 solar panels and 2MW of battery storage, designed to take advantage of complementary solar and wind resources to improve reliability and grid stability.
Treasurer and Minister for Energy David Janetzki said the offtake agreement is boosting Queensland’s energy mix and delivering reliable power across the state.
“This announcement is more than electrons in the grid, it’s about securing Queensland’s energy future, creating regional jobs and improving the assets we have while we build what we need moving forward,” Janetzki said.
“Hughenden sits at the heart of our clean energy expansion. With CopperString connecting the North West Minerals province to the national grid, we’re building the transmission highways that allow renewable energy like this wind farm to flow where it’s needed most.”