2024-11-05
http://w3.windfair.us/wind-energy/news/31413-australia-senvion-nexif-energy-turbine-manufacturer-financial-arrangements-payments-workers-subcontractor

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Australia's Lincoln Gap Wind Farm Remains on Track

Project owner Nexif Energy has proactively negotiated with turbine manufacturer Senvion to ensure continued progress on the Lincoln Gap Wind Farm while Senvion addresses its financial difficulties and requirements

The Lincoln Gap Wind Farm is located near Port Augusta in South Australia and has exported its first generated energy with project owner Nexif Energy providing a financial solution to keep the project on track. Nexif made arrangements with Senvion which will be implemented over the coming days and include the provision of funding for Senvion’s on-site subcontractors through direct payment of amounts owing to continue work on the project, which is quickly taking shape.

Nexif Energy has been working hard on the positive pathway forward for the project and its workers over the past two weeks since becoming aware of Senvion’s difficulties.

At the same time, the Lincoln Gap Wind Farm has celebrated a major milestone. Early last week sustained operations commenced from the first of the wind farm’s turbines with the project exporting its first meaningful generation to South Australia’s electricity grid. Since then, another two wind turbines have commenced operations.

Founder and Co-CEO of Nexif Energy Matthew Bartley said: “We are pleased with the progress made on commissioning by Senvion Australia in light of the uncertainty over the past two weeks and look forward to continuing good progress given the new arrangements in place to channel financing to the project’s subcontractors and service providers.’’

Senvion’s direct subcontractors on Lincoln Gap Wind Farm have been notified of the arrangements with payments targeted over this coming week.

Source:
Nexif Energy
Author:
Windfair Staff
Email:
press@windfair.net
Keywords:
Australia, Senvion, Nexif Energy, turbine, manufacturer, financial arrangements, payments, workers, subcontractor



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