Why did Vestas purchase the St Patricks Plains wind project?

Vestas acquired the 272-megawatt development to apply its regional project delivery model and bring the Tasmanian facility closer to construction.

What are the financial details of the transaction between Vestas and Ark Energy?

Vestas and Ark Energy chose not to disclose the final acquisition price or the expected total construction costs for the 272-megawatt project. The commercial terms of the wind farm purchase remain strictly confidential between the two energy firms.

What is the construction timeline for the Vestas (CPH:VWS) project in Tasmania?

Vestas has not released a specific delivery timeframe or target completion date for the 272-megawatt Central Highlands facility. The company indicated that the asset is close to construction but did not disclose when building operations will officially commence.

What geographic impact does the acquisition by Vestas (CPH:VWS) have on the Tasmanian energy market?

Vestas will take over development of what is set to become the largest wind farm in Tasmania by capacity, located in the state's Central Highlands region. The 272-megawatt project expands the presence of the global wind supplier within the Australian renewable energy sector.

Energy

Image for illustrative purposes only. Not a real photo.

Vestas buys 272 megawatt Tasmanian wind project

Written by Liezl GambePublished Jul 10, 2026, 3:15 AM

Global wind supplier Vestas purchased the 272-megawatt St Patricks Plains wind project from Ark Energy.
Following the transaction, the Vestas share price closed up at 180.30 Danish krone on the Copenhagen stock exchange.
The acquisition aims to leverage the company's regional project delivery model to bring the facility close to construction.

Vestas has purchased the 272-megawatt St Patricks Plains Wind Project in Tasmania from Ark Energy.

The transaction takes the proposed Central Highlands clean energy development close to its final construction phase.

"Our experience at Lotus Creek provides a proven model for delivery," said Vestas Vice President Evan Carless.

The project has already secured all primary development approvals required under state and federal environmental laws.

Neither company disclosed the final acquisition price, total construction costs, or specific delivery timeframes for the Tasmanian facility.

The two energy firms previously partnered to advance the Lotus Creek Wind Farm in central Queensland during 2024.

Vestas buys 272 megawatt Tasmanian wind project

Frequently asked questions

Vestas buys 272 megawatt Tasmanian wind project

Frequently asked questions

Frequently asked questions

Why did Vestas purchase the St Patricks Plains wind project?

What are the financial details of the transaction between Vestas and Ark Energy?

What regulatory approvals does the Vestas Tasmanian wind project already hold?

What is the construction timeline for the Vestas (CPH:VWS) project in Tasmania?

What geographic impact does the acquisition by Vestas (CPH:VWS) have on the Tasmanian energy market?

Frequently asked questions

Why did Vestas purchase the St Patricks Plains wind project?

What are the financial details of the transaction between Vestas and Ark Energy?

What regulatory approvals does the Vestas Tasmanian wind project already hold?

What is the construction timeline for the Vestas (CPH:VWS) project in Tasmania?

What geographic impact does the acquisition by Vestas (CPH:VWS) have on the Tasmanian energy market?