GE Partners with Downer EDI Limited to Deliver $350M Boco Rock wind farm in Australia

GE (NYSE: GE) today announced it had been awarded a contract with its consortium partner, Downer EDI Limited, to supply 67 turbines, build and maintain the $350 million Boco Rock wind farm in New South Wales, Australia. In addition to supplying and commissioning the wind turbine generators, GE will also provide $50 million worth of maintenance services over 10 years.

The wind farm will be located outside of Nimmitabel, in the New South Wales Snowy Mountains region, and is permitted for potential future expansion to 121 turbines. Energy generated by the 67 turbine wind farm would be equivalent to the required energy needs of approximately 40,000 homes in the region.

Continental Wind Partners (CWP), the developer of Boco Rock wind farm, has been working with GE since 2011 since the development phase. Thai-listed Electricity Generating Public Company Limited (EGCO) will take 100 percent ownership of the project from CWP. EGCO will retain CWP to manage the wind farm locally.