Receive our newsletter – data, insights and analysis delivered to you
  1. News
March 17, 2021

Acciona and Korea Zinc partner to develop 923MW wind farm in Australia

Spanish utility Acciona and Korea Zinc have agreed to jointly develop the 923MW MacIntyre wind farm in Queensland, Australia.

By Umesh Ellichipuram

Spanish utility Acciona and Korea Zinc have agreed to jointly develop the 923MW MacIntyre wind farm in Queensland, Australia.

Under the deal, Korea Zinc’s subsidiary Ark Energy will acquire a 30% stake in the wind farm.

Acciona will retain the remaining 70% and take responsibility for management of the project including its development, construction, operations and maintenance.

Acciona chairman and CEO José Manuel Entrecanales said: “Having Korean Zinc as a partner in this landmark project is a privilege and marks a milestone in MacIntyre’s development.

“Our companies share a common goal to pioneer clean energy and this partnership is the perfect example of how two companies from different sectors can work together to deliver flagship renewables infrastructure.”

Located south-west of Warwick, Acciona has started development of the MacIntyre wind complex in partnership with Australian state-owned electricity generator CleanCo.

Content from our partners
Green investment: What gives Scotland multiple advantages
How Hengst helped to keep Germany’s charity “star singers” shining
How one power station prevented frequent shutdowns with three-stage air filtration

Under a ten-year power purchase agreement, CleanCo will gain an annual production of 400MW from Acciona’s facilities.

MacIntyre wind farm will also supply power to Korea Zinc’s subsidiary Sun Metals in Australia. This will help Korea Zinc meet its target of using only renewably-generated power by 2040.

Construction work on MacIntyre wind farm will begin in the second half of this year. The wind farm complex will become operational in stages, finishing by 2024.

Acciona will also construct the 103MW Karara Wind Farm, owned by CleanCo.

The MacIntyre and Karara complex together will power nearly 700,000 homes, avoiding approximately three million tonnes of CO₂ emissions annually.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Wednesday. The power industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy