RES and Aula Energy recently announced they have entered into an agreement to further develop the Argoon Wind Farm in NSW.
Aula Energy was established by Macquarie Asset Management in 2023 as an Australian-headquartered renewable energy business to originate, develop, construct and operate renewable projects.
“We are thrilled to deepen our partnership with RES through our investment in the Argoon Wind Farm,” Chad Hymas, CEO of Aula Energy said.
“This project is a testament to our shared goals and our dedication to driving the renewable energy transition, which will deliver benefits for communities in NSW and Australia more broadly.”
Matt Rebbeck, CEO of RES Australia added that the company is excited to welcome Aula Energy as an investor in the Argoon Wind Farm.
“This partnership underscores our shared commitment to the energy transition and builds on an existing collaborative working relationship. We look forward to achieving another significant milestone in renewable energy development.”
This partnership between Aula Energy and RES builds on the effective collaboration demonstrated during the development of the Murra Warra Wind Farm projects in Victoria.
As Aula Energy and RES progress the development of the Argoon Wind Farm, they aim to deliver impactful results that will enhance energy security, promote sustainability, and drive economic growth in the region.
According to both companies, the Project will deliver positive legacy outcomes for the local community and region during construction and operation, with community benefits sharing commitments totalling over $40m for a 612 megawatts (MW) project over the 30-year life of the project.
RES is looking to establish a Riverina Renewables Services Centre as a part of this project development.
The centre will comprise an operations and maintenance services hub coupled with an education and training facility.
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