Epuron's Wind Farm development history prior to Dec 2021 is as follows. According to their own data, at the time of this website being set up, Epuron had seven "completed" Wind Farm developments. Epuron considered approval as completion. These developments were then sold off. Of these seven projects none of them are currently owned by Epuron.
Three were sold to Goldwind, a Chinese wind turbine manufacturer.
The business model was as follows. A subsidiary company is set up by Epuron. In the case of the Chalumbin development the company is Chalumbin Wind Farm PTY LTD (CWF).
That company then seeks approval to develop a specific wind farm project. Once approved, that company and development project was then sold.
Perhaps this helps explain Epuron's utter disregard for community consultation and for environmental concerns. Given Epuron will not own the project once construction begins, they can not be held legally accountable for the environmental destruction, and damage caused to communities by the development.
In December 2021, Korea Zinc, the largest zinc and lead producer in the world (^1), announces the purchase of Epuron. The purchase was made through subsidiary company Ark Energy. Korea Zinc's stated aim is to ultimately export Australian energy to South Korea to decarbonise it's energy needs. (^2).
Korea Zinc plans to do this using green hydrogen. The creation of green hydrogen involves using wind turbines and other renewable energy sources to power the electrolysis of water.
Is it acceptable for the Australian environment to be destroyed to ultimately supply energy offshore to a foreign-owned multi-national? One that just happens to be the largest zinc and lead producer in the world?
^1 Epuron media release 23rd Dec 2021
STOP THE CHALUMBIN WIND FARM!
Copyright © 2021 Matt Lachlan