Windlab Limited (ASX:WND) today announced that it has executed a non-binding term sheet with InfraRed Capital Partners to provide 100% of the equity required to construct the 104MW Lakeland Wind Farm project.
Lakeland Wind Farm is a fully approved wind farm located 60 km South-west of Cooktown on the Cape York Peninsula, adjacent to the town of Lakeland.
CEO of Windlab Limited, Roger Price, said: “We are delighted to announce InfraRed Capital Partners as our equity partner in Lakeland Wind Farm. InfraRed have a strong track record in renewable energy investment both in Australia and around the world."
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