Spanish utility Iberdrola has signed an agreement with Partners Group and OPTrust to purchase full ownership of the Ararat wind farm located in Victoria, Australia. The wind farm, which has an installed capacity of 242MW, has been operating since 2017. Most of its electricity is sold under power purchase agreements (PPAs) with major customers, providing stable and predictable revenue streams. The asset is projected to benefit from rising electricity prices driven by growing demand for renewable energy ...