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RWE Secures CIS Contract for 1.1 GW Wind Project

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Germany's RWE has advanced its 1.1 gigawatt Theodore Wind Farm toward a Final Investment Decision after securing an Australian government underwriting contract under Capacity Investment Scheme Tender 7, the company said on Saturday.

Located within the Banana Shire Local Government Area, the utility-scale development is designed to integrate up to 170 wind turbines alongside a co-located battery energy storage system.

Once fully operational, the facility will generate clean power sufficient for about 500,000 homes, throwing substantial weight behind Queensland's grid decarbonization targets, the company said.

RWE already cleared a major regulatory hurdle by securing its state Development Application in June 2025, making it one of the few large-scale wind assets to hold active development approval in the region.

The project is currently working through the final stages of the Federal Environment Protection and Biodiversity Conservation approval process.

Pending these federal environmental clearances and a formal internal FID, RWE expects to break ground on construction later this year, it said.

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