LAKE VICTORIA WIND FARM

About the project

The Lake Victoria Wind Farm is located on approximately 42,173 hectares of agricultural grazing and cropping land approximately 24 km northwest of Wentworth, NSW.  

The development will consist of up to 147 turbines with an installed capacity of up to approximately 1,000 MW.

This will provide power for around 700,000 average homes annually and reduce yearly carbon dioxide emissions by more than 2.2 million tonnes. 

Community benefits

Lake Victoria Wind Farm will participate in benefit sharing via providing funding to a Local Community Benefit Sharing Scheme and a Neighbourhood Benefit Sharing Scheme.

The NSW Department of Planning, Housing and Infrastructure has released the Benefit Sharing Guidelines to provide developers with improved guidance for large-scale renewable energy projects.

Lake Victoria Wind Farm welcomes the guidelines, which will help ensure consistent and significant community benefits from renewable energy developments are achieved across the state.

Lake Victoria Wind Farm is committed to supporting these guidelines and the delivery of Project benefit sharing schemes. Lake Victoria Wind Farm has committed to put a minimum of $1,050 per MW of installed capacity of wind into all Project benefit sharing schemes.

Host landholder benefits

The wind farm will provide an annual income for all host landholders.

This economic boost to farmers enables them to secure supplementary income annually, for decades, through lease arrangements with the wind farm.

This income provides a stable addition to farming income and helps to counteract swings of commodity prices. This sustains the farming practice and diversifies farming revenue for years to come. 

The roads constructed for turbine access give landholders all weather access across their property which improves stock management practices and bushfire access.

Neighbour benefits

The Neighbourhood Benefit Sharing Scheme will provide an annual financial incentive for close neighbours of the wind farm so they can share in the economic benefits of the project across its operational lifecycle.

Annual payments commence when major construction works are underway on the wind energy facility. Payments will continue through the life of the project until the wind turbines are decommissioned, typically in the 25-40 year range.

The Scheme will be offered to neighbouring properties located within a consultation-determined distance of proposed wind turbine locations with the level of payment calculated on proximity to the nearest constructed turbine.