Home' South Gippsland Sentinel-Times : March 7, 2017 Edition Contents THE SOUTH GIPPSLAND SENTINEL-TIMES, TUESDAY, MARCH 7, 2017 - PAGE 9
This Sunday, March 12
at picturesque Loch
Ra wa siding
Catering by Strzelecki Lions Club
For more information
0447 398 822
A Lions Club of Strzelecki project.
PreP InformatIon nIght
An evening for parents with children commencing Prep in 2018
Tuesday 14 March, 7.00 pm • Pioneers Hall, 101 Horn St, Leongatha
• Introducing Chairo
• Valuing parent partnership
• Transition to Prep
• Buddy System
• What is Christian education?
• Readiness for school
• Prep learning program
• Integrated studies
5662 4355 • www.chairo.vic.edu.au
Call for a quote on
Off Grid power and
Home battery systems
Off Grid power and
Home battery systems
17 x REC 270w Peak
Energy PV modules
SMA inverter with Wifi
Local installers and support
0490 492 316
Premium panels, German Inverter
Call now for a free energy assessment
George Fairlie - Solar Design Ê
4.59 kW solar PV
home power system
installed from only
All South Gippsland + Bass Coast locations
AUSTRALIAN infrastructure fund manager
Infrastructure Capital Group (ICG) has ac-
quired Bald Hills Wind Farm from Mitsui &
The transaction reached financial close
last week, with the asset moving to ICG’s
utility portfolio, the $1.2 billion Energy In-
frastructure Trust (EIT).
The 106.6MW, 52 Senvion turbine project
between Tarwin Lower and Walkerville com-
menced operations in September 2015 with
a 15 year offtake agreement with Alinta En-
ergy, extending to 2030.
Andrew Pickering, ICG chairman and EIT
portfolio manager, said the acquisition ce-
ments ICG’s place as one of Australia’s larg-
est owners of renewable generation.
“We’re delighted to add to our utility port-
folio another high quality investment that
provides long term, stable and predictable
cash flows, plus considerable environmental
benefits,” he said.
“Bald Hills is a testament to the expertise
of Mitsui & Co (Australia) in constructing a
technically exceptional asset, working cohe -
sively with government, market participants
and leaseholders, while securing long term
“We are optimistic about the future of wind
energy in Victoria where there is a sound bal-
ance of baseload and renewable energy produc-
tion supported by a strong electricity network.
“The proximity of Bald Hills to the grid
that supports the Latrobe Valley minimises
the risk of lost output during transmission. ”
Bald Hills joins other major wind farms
owned by ICG, including Mumbida Wind
Farm in Western Australia, and Wattle Point
and Hallett Wind Farms in South Australia,
with long term agreements with WA Water
Corporation and AGL respectively.
The total installed capacity of the five wind
farms under ICG management is 455MW,
enough to power approximately 250,000 av-
erage Australian households annually.
Mr Pickering said ICG will continue to
identify and assess renewable energy proj-
ects, but cautioned that the trend to shorter
offtake agreements will make future invest-
ments more challenging for ICG whose su-
perannuation fund investors and their mem-
bers have long term investment horizons.
ICG’s investments have 15 to 20 year offtake
agreements compared to contracts for new proj-
ects that are typically in the five to 10 year range.
“ICG can deploy capital across the whole
infrastructure spectrum, through our EIT,
Diversified Infrastructure Trust (DIT) fund
and separate accounts, enabling us to be
both patient and agile in ensuring invest-
ments deliver the best risk adjusted returns
for our investors,” he said.
POUND Creek cattle producer Andrew
Harmon has had no response to his offer of
a $10,000 reward for information about the
theft of 16 head of prime Angus steers.
Well, that’s not quite correct.
He’s had a lot of comment from sympathetic
local farmers who have taken the incident as
a warning to raise their own security levels.
But so far no one has come forward to
claim the big bucks.
But Mr Harmon is adamant though that
someone out there knows something.
Speaking on Gippsland ABC radio last
week he referred to the notice of the reward
in the Sentinel-Times and reinforced that
$10,000 offer was still current.
“We haven’t heard anything yet but we feel
sure someone knows something,” he said,
while also welcoming anonymous informa-
tion to Crimestoppers phone 1800 333 000.
A LONG term leaseholder of a small beach-
side café in Cowes recently came close to losing
her business after a decade of hard work and
Leaseholder Caroline Collis made an impas-
sioned presentation to the Bass Coast Shire
Council at a community engagement meeting
on Wednesday, February 8, stating that both
her and her husband have made substantial
improvements to the property during their ten-
ancy and have been excellent tenants.
“The reason I am here is to ask for help,”
“Our lease is finished. It finished on Decem-
ber 1 last year. We have built this business up
over the last 10 years.”
The Anderson Street kiosk is a prominent
business along the Cowes foreshore.
The Bass Coast Shire Council was going to
open up the lease tender period to the public,
instead of negotiating directly with the Collis
family who have held the lease for the previous
However, councillors recently voted to deal
directly with the Collises for the renewal of the
lease, instead of putting the lease to open ten-
In the past decade, the Collis family has add-
ed substantial infrastructure, and every day
they move large quantities of sand from the
boat ramp using an excavator.
In the event of the termination of their ten-
ancy, that infrastructure would need to be re-
moved from the premises.
In an attempt to redress the distress caused
to Caroline and her family, at a council meeting
on Wednesday, February 15 Cr Michael Whelan
moved a motion that the council negotiate di-
rectly with the sitting tenant of the Anderson
Street Kiosk for a new lease.
“I believe we should have handled this better,”
Cr Whelan said.
Cowes kiosk in good hands
The reward of $10,000 for information about the individuals who stole 16 head of
cattle from Pound Creek is still being offered by the victim, Andrew Harmon. M031017
Cattle theft reward
Bald Hills Wind Farm sold
Mitsui & Co has sold the Bald Hills Wind Farm to ICG. M494214
Links Archive February 28, 2017 Edition March 15, 2017 Edition Navigation Previous Page Next Page