challicum hills press release

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    Victorian Minister for Energy Industries and Resources, Theo Theophanous MP, today inspected progress on
    construction of Australia’s largest wind farm, Pacific Hydro’s (ASX: PHY) 52.5 megawatt Challicum Hills Wind
    Farm near Ararat in Victoria.
    The wind farm, which is on schedule for completion in mid 2003, is providing a major financial stimulus to
    the region. Pacific Hydro estimates $32 million of the $76 million project will be spent in Australia.
    Pacific Hydro Managing Director, Jeff Harding, said “This investment in manufacturing and transport
    from Portland, construction in Ararat, and associated costs and services throughout the region will
    be significantly higher for future wind farms when blade manufacturing starts in Portland as a result
    of our Portland Wind Project.
    “The successful outcome of the continuing support for this wind farm by local landholders and by the
    Ararat Rural City Council illustrates the benefits to local communities and the environment from
    regional renewable energy projects” Jeff said.
    When complete the Challicum Hills Wind Farm will produce enough pollution-free electricity to
    supply the equivalent electricity needs of 25,000 Victorian homes, five times the requirements of the
    entire municipality of Ararat.
    Progress is well advanced on all aspects of the 35 generator wind farm:
    • all 35 foundations are excavated;
    • 29 foundations are poured;
    • 21 base tower sections are welded into place;
    • 10 generators are fully erected.
    Construction of the second string of windmills, the Conical Hill String - on the highest land which is most
    visible from the highway – should begin very soon.
    - end -
    For further information, please contact:
    Chris Cosgrove Telephone: 0422 651 181 Email: [email protected]
    Pacific Hydro Limited is a publicly listed Australian generator of electricity produced from non-polluting,
    renewable, wind and water. The Company’s business decision-making is guided by economic, social and
    environmental considerations that have delivered sustained profit growth, the avoidance of greenhouse gas
    emissions, and significant benefits to the communities in which it operates. With extensive new wind farm and
    hydroelectric developments planned in Australia and internationally, Pacific Hydro will continue to provide
    strong returns for investors, the environment, and local communities.
 
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