Foresight buys Shell Energy’s 50% stake in 370MW Kondinin wind project

By Public Technologies
  • Foresight bought Shell Energy’s 50% stake in Kondinin Energy, taking full ownership of the 370MW Kondinin Energy Project.
  • The deal coincided with financial close for the 130MW Stage 1 Kondinin Wind Farm in Western Australia’s Wheatbelt.
  • Stage 1 secured A$ 430 million of debt funding, enabling construction to start under Foresight’s Australian Renewables Income Fund.
  • Revenue is underpinned by a 7-year PPA with Synergy covering all Stage 1 output, backed by a 15-year Capacity Investment Scheme contract.


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