Offshore wind
10 June 2022
Corio Generation (Corio) has announced its plans to develop a major new offshore wind project in Australia, named Great Eastern Offshore Wind.
If approved for construction following ongoing feasibility studies and consultation with local stakeholders, the project could be among the first tranche of offshore wind projects built in Australia.
Located 22 kilometres off the Wellington Shire coast in Gippsland, Victoria, it could supply enough clean energy for around 1.6 million homes.
The announcement means Corio’s planned Australian offshore wind energy development pipeline now totals 4 GW. This includes the previously announced Great Southern Offshore Wind project, located off Gippsland’s Bass Shire Coast, which is expected to have an installed capacity of up to 1.5 GW.
Corio Generation is a GIG portfolio company, operating on a standalone basis.
Read the full press release
Media enquiries
About Corio Generation
Corio Generation is a specialist offshore wind business, dedicated to harnessing offshore wind energy worldwide. With a unique blend of sector-leading expertise and deep access to long-term capital, we apply a long-term partnership approach to the creation and management of projects, taking them from origination, through development and construction, and into operations. Our 15 GW development portfolio is one of the largest in the world, spanning established and emerging markets, as well as floating and traditional fixed-bottom technologies. These next generation offshore wind projects will help form the backbone of the net-zero global energy system while meeting the energy needs of communities and corporate offtakers sustainably, reliably, safely and responsibly. Corio Generation is a Green Investment Group (GIG) portfolio company, operating on a standalone basis. GIG is a specialist green investor within Macquarie Asset Management, part of Macquarie Group. For more information visit coriogeneration.com and follow us on Twitter @CorioGeneration
