Collgar Wind Farm Secures Long-Term Financial Future with Successful Refinancing following Newmont PPA

Collgar Renewables is pleased to announce the successful refinancing of Collgar Wind Farm, WA’s largest wind farm by installed capacity. The refinancing package, which was finalised in June, is supported by leading financial institutions ANZ, Commonwealth Bank, Credit Agricole and HSBC. The refinance coincides with the signing of a new long-term Power Purchase Agreement (PPA) with Newmont, securing a stable revenue stream for the project well into the future.

Collgar Wind Farm is located just outside of Merredin, sitting across 18,000 hectares and is deeply embedded in the community. The refinancing will ensure the continued operation of the wind farm into the future, creating positive outcomes for its stakeholders and the environment.

Collgar recently announced a new PPA has been signed with Newmont Corporation, committing to purchase 100% of the electricity and green credits generated by Collgar Wind Farm (CWF), effective from 2027 to 2042, further demonstrating strong market confidence in the long-term viability of the project and the broader renewable energy sector.

Collgar Chief Finance Officer, Zhang Fan said the refinancing and PPA represents a significant milestone for the business:

“Securing both the refinancing and a long-term PPA is a strong endorsement of the wind farm’s performance, the quality of our team, and our commitment to delivering reliable, renewable energy for the long term.”

Collgar Wind Farm is a key project in the region, contributing to the local economy through community investment and partnerships. The long-term financial security now in place ensures continued positive outcomes for the region and Australia’s transition to a low carbon future.