$400m wind farm agreements finalised
The largest wind farm in Australia will be located in South Australia's south-east as agreements are finalised for the construction of stage two of the Lake Bonney wind farm.
Fifty-three turbines will be built next to the existing wind farm at Lake Bonney, near Millicent, at a cost of $400 million.
A statement from project owners, Babcock and Brown Wind Partners, to the Australian Stock Exchange says construction will begin immediately.
The new turbines will be built by a Danish company and will sit on 80-metre high towers.
They are expected to be fully operational by the middle of 2008 and will generate 159 megawatts of power.
The company says the wind farm will be one of the largest in the world.
The announcement comes almost two weeks after Roaring 40s put its project near Saddleworth in the Clare Valley on hold claiming a lack of Federal Government support.
