24 March 2022
Cubico Sustainable Investments (Cubico), one of the world’s largest privately-owned renewable energy companies, has partnered with the Queensland Government to deliver Wambo Wind Farm in the Western Downs region of Queensland, Australia.
The partnership will be through a proposed joint venture between state-owned Stanwell Corporation (Stanwell) and Cubico, with the Queensland Government contributing AUD 192.5 million towards Stanwell’s investment.
Construction for the 252 MW first stage of the project, which Cubico is co-developing with Renewable Energy Partners, is expected to start in 2022, with operations beginning in 2024. A second stage is planned following the successful completion of grid studies.
David Smith, Head of Australia at Cubico, spoke of the company’s excitement to be partnering with the Queensland Government and Stanwell, highlighting its commitment to supporting the local community.
“We have been developing the project since 2019 and are fully supportive of the Queensland Government’s goal to deliver on its renewable energy target while maximising local jobs and industry benefits,” he said.
Wambo is expected to provide more than 200 jobs during construction and operations, with Cubico putting additional plans in place to engage local businesses.
“As a sign of Cubico’s commitment to local employment, we have undertaken an extensive supply chain mapping process that gives suppliers in the region the best opportunity to understand what is needed for the construction and operation of the wind farm and make their goods and services known to our contractors,” David added.
“We have also developed a local content charter that commits us to a procurement process that provides maximum opportunity for companies in the neighbouring area to be involved.”