Australia-based Tilt Renewables, a renewable energy generation assets owner and developer, has secured the final commitment to fund its $563 million wind farm project at Dundonnell.
Tilt Renewables bagged $12.7 million from retail backers, finalizing the $263 million capital raising the company required to finance the 80 turbine wind farm.
Last October, the company revealed that the project will proceed after securing a supply agreement with the Victorian Government for 37 percent of the power generated and another 50 percent with Snowy Hydro.
The building began in January and the 336-megawatt wind power project is anticipated to be completed late next year.