AGL Energy Limited and Meridian Energy have entered binding contracts to construct the 420 MW wind farm at Macarthur in Victoria’s south west, at a total capital cost of $1 billion.

The Macarthur Wind Farm will comprise 140 Vestas V112-3.0 MW wind turbine generators and be constructed by a Vestas/Leighton Contractors consortium. The wind farm will be situated near Hamilton, 260 kilometres west of Melbourne, in the Shire of Moyne.

Formally launched in August in Melbourne by the Premier of Victoria, John Brumby MP, and the Federal Minister for Climate Change, Energy Efficiency and Water, Senator Penny Wong, the project is due for completion in early 2013.