RATCH Commercializes 226.8MW Wind Farm in Australia to Recognize the Revenue Onward
RATCH Commercializes 226.8MW Wind Farm in Australia to Recognize the Revenue Onward.
Ratch Group Public Company Limited (RATCH) has announced that on April 7, 2021, the 226.8 MW Collector Wind Farm in the Commonwealth of Australia entered commercial operation at full capacity.
The project has two long term PPAs covering 79.6 percent of output. These are with Infigen Energy for 60 percent of output and ALDI Foods Pty Ltd (a subsidiary of global supermarket company ALDI) for 19.6 percent of generation and the remaining electricity generated will be sold in the Commonwealth of Australia’s National Electricity Market. Both PPAs can now operate while remaining commissioning tests and certifications are finalized with the grid connection authority.
RATCH owns the project through RATCH-Australia Corporation Pty Ltd, a wholly owned indirect subsidiary.