Tuesday, 21 August 2018

Announcement

MKTUPDTE: TLT: TLT Agreement for Salt Creek WF to supply Meridian Energy

01 Feb 2018 12:51NZX
NZX AND ASX MARKET ANNOUNCEMENT
Dated: 1 February 2018

Tilt Renewables agreement for Salt Creek Wind Farm to supply Meridian Energy
Australia

Leading Australasian renewable energy operator Tilt Renewables has announced
an agreement to sell electricity produced from its Salt Creek Wind Farm in
Western Victoria to Meridian Energy Australia, to support the growth of its
retail business Powershop.
The Salt Creek Wind Farm near Warndoo, 250 km west of Melbourne, is targeted
to be commissioned by July 2018 and will have an installed capacity of 54
megawatts.
The agreement with Meridian Energy Australia will deliver 50 per cent of the
electricity production to Meridian from commissioning of the wind farm until
the end of 2018, and 100 per cent from then, until the end of the contract in
2030.
Tilt Renewables Chief Executive Officer Deion Campbell, says "We are very
pleased to be partnering with Meridian Energy Australia and the long term
off-take agreement for energy from the Salt Creek Wind Farm further improves
the long term offtake contract profile of the Tilt Renewables business."
The wind farm will be connected to the national electricity grid via a 49 km
power line, ending at the Terang Terminal Station. The project utilises 15
Vestas V126 - 3.6MW turbines.
Further information on the Salt Creek Wind Farm can be found on the Tilt
Renewables Project page
https://www.tiltrenewables.com/assets-and-projects/Salt-Creek-Wind-Farm/
For further information please contact:

Steve Symons
Chief Financial Officer
Telephone: +61 419 893 746

Tilt Renewables'' vision is to be a leading developer and owner of renewable
energy generation in Australia and New Zealand. It owns and operates seven
wind farms in Australia and New Zealand with an installed capacity of 582 MW.
Tilt Renewables also has a significant pipeline of over 3,000MW of wind and
solar projects in Australia and New Zealand of which more than 1,000MW have
secured the required planning approvals.
End CA:00313651 For:TLT    Type:MKTUPDTE   Time:2018-02-01 12:51:37
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