Signal Energy to proceed on Finley Solar Farm in Australia
Signal Energy, a member of the EMJ family of companies, will soon begin work on Finley Solar Farm in southeastern Australia. The project is being developed by one of Australia’s leading renewable energy developers, ESCO Pacific.
According a recent story in PV Magazine Australia, the development indicates that there continues to be a substantial appetite for renewable energy investments in Australia from international investors.
“Achieving financial close on our Finley Solar Farm is a fantastic outcome for ESCO Pacific, bringing our developed capacity to nearly 500 MWp of solar in Australia,” said Steven Rademaker, Chief Executive Officer of ESCO Pacific.
The 133 MW project is in southeastern Australia, near Melbourne and Sydney. It is slated to begin this month and will feature 500,000 solar panels, which will generate enough electricity to power the equivalent of nearly 60,000 homes.
Signal Energy’s role on the project includes engineering, procurement and construction as well as a two-year operations and maintenance contract. The estimated date of completion is October 2019.