Newmont signs long-term Power Purchase Agreement with Collgar Wind Farm

Newmont Corporation (Newmont), through its subsidiary Newmont AP Power Pty Ltd, has entered into a long-term renewable Power Purchase Agreement (PPA) with Collgar Wind Farm Pty Ltd, committing to purchase 100% of the electricity and green credits generated by Collgar Wind Farm (CWF), effective from 2027 to 2042.

This PPA will help support Newmont’s decarbonisation program to achieve a reduction in CO2 emissions by end of 2030.

The agreement will operate for approximately 15 years, demonstrating a commitment to strategic asset management, innovation and continuous improvement of the wind farm. It also represents a significant milestone in Collgar’s story, recognising operational excellence and strong community engagement creating positive outcomes for its stakeholders.

Newmont Boddington General Manager Chris Dark said the agreement reflects Newmont’s commitment to renewable energy.

“Newmont is pleased to partner with Collgar Renewables in an offtake agreement from this established, high-quality project,” he said.

“The purchase of renewable energy from Collgar will enable Newmont to continue supporting local jobs, investing in community programs and funding vital services for the long term while adopting industry leading sustainability practices.”

Collgar CEO, Sam Pearce celebrated the partnership.

“We are delighted to partner with Newmont to deliver green energy to a leading global mining company. Collgar shares Newmont’s values in terms of ensuring its projects benefit local communities. Both companies have a long history of operating in Western Australia and Collgar is committed to working with Newmont to help drive a sustainable future with clean energy.”

Collgar Wind Farm is currently the largest operating wind farm in Western Australia by installed capacity, with a total power generation capacity of 222 megawatts (MW).

Located just outside of Merredin, it sits across 18,000 hectares and is deeply embedded in the community.

About Newmont

Newmont is the world’s leading gold company and a producer of copper, zinc, lead, and silver. The Company’s world-class portfolio of assets, prospects and talent is anchored in favourable mining jurisdictions in Africa, Australia, Latin America & Caribbean, North America, and Papua New Guinea. Newmont is the only gold producer listed in the S&P 500 Index and is widely recognized for its principled environmental, social, and governance practices. Newmont is an industry leader in value creation, supported by robust safety standards, superior execution, and technical expertise. Founded in 1921, the Company has been publicly traded since 1925.

Newmont’s Boddington operation is a large gold and copper mine located 16 km from the rural farming town of Boddington and 130 km from Perth, Western Australia.

About Collgar

Collgar Renewables develops and operates renewable energy assets to contribute to the supply of clean energy to Western Australia.  This includes Collgar Wind Farm,

WA’s largest wind farm with 111 wind turbines, located 25km south-east of Merredin.

Both Collgar Renewables and Collgar Wind Farm are wholly owned by Rest. Rest is one of Australia’s largest profit-to-member super funds with two million members and around $93 billion in funds under management (as at 31 December 2024). Rest was established in 1988 and is open to all Australians.