Top Banner

Click here to load reader

Thomas Scott Morley, Collgar Wind Farm - Collgar Wind Farm

Aug 23, 2014

ReportDownload

Thomas Scott-Morey, Chief Executive Officer, Collgar Wind Farm delivered this presentation at the 8th Annual WA Power & Gas Conference 2014.

The conference represents a timely meeting for the industry to hear about the current changes affecting the WA energy and electricity market.

For more information, visit http://www.informa.com.au/wapowerconf14

  • Collgar Wind Farm 8th WA Power & Gas Conference 11th March 2014
  • Contents Project Description The Sponsors Merredin Community
  • Project Description
  • Project Description 206MW wind farm comprising 111 Vestas V90 (Mark VII) 2.0MW turbines Largest wind farm in Western Australia, located 250km east of Perth across 14 landowner lots Turbines are site certified for a 25 year life by Germanischer Lloyd Project delivered in March 2012 under-budget and ahead of schedule Reflecting a robust EPC contract and a high-quality EPC contractor Highlighting a robust relationship between Collgar and Vestas Strong and consistent wind regime Gross P50 capacity factor of 48.97% pre-losses
  • Project Description Project is now established with 2 year operating history; Long-term maintenance contract with OEM provides operating cost confidence; Technicians from local community, trained for tasks; Leases with local farmers provide for mutually beneficial relationship; Community Fund established to benefit Merredin Shire.
  • Project Description Project Location Perth Sydney COLLGAR WIND FARM Ownership structure UBS-IIF REST CWF Holdings 60% 40% 100% Snr bank debt
  • The Sponsors
  • The Sponsors Collgars shareholders are highly experienced and sophisticated investors who have long-term investment strategies and seek long term banking relationships UBS is headquartered in Zurich and Basel and has a market capitalisation of approximately US $55 billion USD $1.5 billion in direct infrastructure investment Key infrastructure investments include: 50% ownership stake in Northern Star Generation which owns 1,600 MW of power generation across the United States Njord Gas Infrastructure which owns an 8% interest in the 7,737km Gassled gas transmission network in Norway 15.6% interest in Southern Water the seventh largest water and sewerage company in England and Wales 28% ownership of Saubermacher a leading European municipal, commercial and industrial waste management, and waste to energy company UBS International Infrastructure Fund (UBS) Retail Employees Superannuation Trust (REST) Australias largest superannuation fund by membership, with 1.8 million members $27 billion of funds under management including $1 billion in unlisted infrastructure assets Key infrastructure investments include: 50% interest in South East Australia Gas (SEA Gas), a 860km natural gas pipeline between Victoria and South Australia 23.9% interest in Etihad Stadium, a multi-purpose sports and entertainment stadium in Melbourne 2.6% interest in Southern Water In addition, REST has investments through a third party mandate including Australia Pacific Airports Corporation, Thames Water and Capistrano Wind Partners
  • Community Fund
  • Name Donation Description Mens Shed $50,000 A project to provide a purpose built Mens Shed in Merredin. Mens sheds play an important role in the community by providing meeting places where men can find social support and camaraderie. Men dont talk face to face they talk shoulder to shoulder Spare Parts Puppet Theatre $40,000 SPPT School of Puppetry tour extensively through regional Western Australia and the world. Their current show entitled Farm is based on stories and experiences gathered in Merredin and sheds light on the real people of regional and rural Australia and share the joys and challenges of living and working on the land. Merredin Show $2,500 The Merredin Community Show attracts a vast array of businesses, community groups, schools, service groups and general interest groups, who set up displays, activities and stalls; all of which contribute to the success of the Show. More than 2500 people attend the Merredin Community Show for a great day of entertainment and activities. Minor Donations $2,620 (Combined) Wheatbelt Art Prise Burracoppin Tennis Club prise Merredin Senior Centre Games Prize Merredin College End of Year awards. Community Fund
  • The Mens Shed Collgar donated $50,000 to enable a Mens Shed to be build in Merredin for the local community. The Shire of Merredin donated the land and the Lotteries Commission made up the rest of the budget. Recent updates include: The Mens Shed are now on Facebook, continue to undertake voluntary work in the community and hung photos of the event where they were presented with funding from Collgar in their temporary shed. With regards to the shed itself, the concrete has been pored, steelwork has been erected and roof has been installed. The doors and windows have been scheduled to be installed this week.
  • The Mens Shed
  • Spare Parts Puppet Theatre From November 11 to 22, SPPT were in Merredin immersing themselves in the lives of the community, which contributed to wards the making of the show Farm, which premieres in September next year at the towns famous Cummins Theatre. Collgar have also donated the site included as part of the Merredin Show sponsorship package to enable them to promote the Farm and SPPT within the town of Merredin. The Regional Arts Australia summit which is taking place in Kalgoorlie 16-19 October 2014. Cummins Theatre & Spare Parts Puppet Theatre are collaborating to bring Farm to the RRA. A presenter from Collgar has been requested to encourage other companies in the Eastern Wheatbelt to take the same forward thinking approach to the Arts.
  • The Merredin Show Collgar Wind Farm have renewed their platinum sponsorship for this years Merredin Show which will take place on the 12 April 2014. This year Collgar has donated the site that comes in the sponsorship package to SPPT and will be utilised to promote the Farm.
  • Thank You!