Western Downs Green Power Hub, the largest solar farm in Australia, is now officially owned by Neoen, as the company completes financial close on the sale.

Western Downs, a 460MWp solar farm located near Chinchilla in South West Queensland, will deliver clean energy into Powerlink’s transmission network and is expected to bring significant economic benefits to the region.

The financing of Western Downs was completed five months after Neoen secured a 352MWp power purchase agreement with CleanCo Queensland, in one of Australia’s most substantial renewable contracts to date.

The project will contribute over 30 per cent of the energy required for CleanCo to meet its target of 1GW of new renewable energy generation by 2025.

Read the full story at energymagazine.com.au.