Squadron Energy secures $1b financing for Clarke Creek Wind Farm

Clarke Creek Wind Farm will generate over 1 GW of green energy, powering 700,000 homes.

Squadron Energy has secured $1b in financing for the development of Clarke Creek Wind Farm.

According to a company statement, the financing was arranged with a bank group of 10 capital partners and was strongly supported by Squadron Energy’s existing banking partners.

Clarke Creek Wind Farm is set to play a pivotal role in Australia’s renewable energy future, providing large-scale clean power and supporting the transition to a sustainable energy system.

Stage one of Clarke Creek Wind Farm recently opened, with the 100-turbine, 450 megawatt project producing enough electricity to power the equivalent of 330,000 Queensland homes and prevent 738,000 tonnes of carbon pollution each year.  

Stages one and two of the Clarke Creek Wind Farm would be one of the largest wind projects in Australia, expected to generate more than 1 gigawatt of green energy, powering more than 700,000 homes.