Major Queensland Wind Farm to Receive $1 Billion in Additional Funding

The company behind the Clarke Creek Wind Farm has secured a massive financial boost with expansion on the horizon.

Photo of land clearing and preparation for the Clarke Creek wind farm in central Queensland, Australia. Courtesy of Steven Nowakowski

Squadron Energy, the company behind regional Queensland’s massive Clarke Creek Wind Farm, says it has secured an additional $1 billion (US $650 million) in funding from 10 capital partners.

The energy company, owned by mining tycoon Andrew Forrest and his family’s Tattarang company, said the latest deal had the backing of existing partners, but did not elaborate on who they were.