Shell Acquires 49% Share in Australian Wind Developer WestWind Energy

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A new partnership between WestWind Energy (51%) and Shell Energy (49%) has been established to grow and accelerate the development of wind energy projects in Australia.

WestWind is the developer of what has been dubbed ‘the largest wind project in the southern hemisphere’, Golden Plains, which will remain separately owned by the company with equity investor TagEnergy.

WestWind plans to deliver the existing 3,000 MW pipeline of renewable energy capacity across NSW, Victoria, and Queensland, significantly faster than under the current development plan.

“This is an exciting day for WestWind Energy and, more importantly, for Australia’s transition to a clean energy economy,” WestWind Energy managing director Tobias Geiger said.

Shell Australia country chair Tony Nunan said this move marks the company’s first wind investment in Australia.

“This is a significant step in our goal to build a low carbon integrated business in Australia, in line with our customers’ evolving energy needs,” he said.

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“WestWind has an impressive pipeline of Australian wind projects and proven capability in the development of onshore wind here and, via its parent company WestWind Group which has its headquarters in Germany.”

The investment is expected to complete in 2022 and is subject to regulatory approvals.

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