Good evening,

Two-and-half-years after it sold a slice of the country’s biggest operating wind farm, Hong Kong-listed Goldwind has launched a sale process for another wind asset that could be even bigger once up and running.

Street Talk can reveal Goldwind and privately owned Omni Wind have commenced market soundings to sell 100 per cent of Baldon Wind Farm, a 1.4-gigawatt development with an attached 400-megawatthour battery energy storage system that is due to begin construction in 2026.

To be housed near NSW’s Balranald, within the South West Renewable Energy Zone, Baldon will run about 180 wind turbines of 7.8MWs each, enough to power 750,000 homes.

Of note, Baldon is at a similar stage and in the same REZ as the 1.5GW Yanco Delta Wind Farm, acquired by Origin Energy for about $300 million as revealed by this column in March.

You would think the same set of bidders – Italy’s Enel, local Igneo Infrastructure Partners and Paris-listed Total – would reconvene for the latest sale process.

Privately owned Omni controls 80 per cent of Baldon, while Goldwind International Holdings has the rest. The latter is keen to stay involved after it hands the keys to new owners, according to a sale flyer now in front of potential bidders.

The vendors have mandated boutique Green Giraffe Advisory to run the auction.

Read the full story tomorrow and more on the Street Talk page.

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