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October 14,2024

Ingka Investments Expands Stake in Golden Plains 577MW Wind Farm

Ingka Investments has invested in Stage 2 of Victoria's Golden Plains Wind Farm, acquiring a 15% stake in the 577MW project, set for completion in 2027. This follows their earlier 15% stake in Stage 1, which powers 765,000 homes. The investment supports IKEA's sustainability goals and Australia's renewable energy targets, furthering the transition to net-zero emissions.

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