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AAP
AAP
Environment
Tara Cosoleto

IKEA packages up a stake in huge Australian wind farm

IKEA Australia Ingka Ingka Group Ingka Investments

IKEA's largest retailer has made its first renewable energy investment in Australia, putting its funds towards the country's largest permanent wind farm.

Construction has already started on TAGEnergy's Golden Plains Wind Farm near Geelong in Melbourne's southwest, with the site due to be fully operational in late-2025.

The wind farm's total planned capacity is 1300 megawatts or enough energy to power more than 750,000 homes across Victoria.

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