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Windlab, AGM Presentation, Year Ended 31 December 2017

2017 Highlights


- Kennedy Energy Park reached financial close in October and commenced construction in December. Kennedy Energy Park is expected to reach commercial operation late in 2018

- Australia’s largest current wind energy project, Coopers Gap Wind Farm reached financial close in August 2017. Owned by AGL’s related PARF fund, Coopers Gap Wind Farm was identified and initially developed by Windlab and sold in 2010. The Company received a $10.3 million final milestone success payment in August 2017

- Kiata wind farm completed commission and performance testing and commenced operation in December 2017

- Sale of royalty rights over certain projects in the Western Cape of South Africa to Engie

- Joint Venture established in Mozambique with Globeleq

- Lakeland Wind Farm received development approval in February 2018

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