Oceanex Energy is planning the development and construction of up to 3 offshore wind farms off the coast of NSW which will provide large scale clean and reliable electricity that creates huge new investment, jobs and leadership opportunities for NSW, especially in key regional centres. Offshore wind farms have been developed globally for almost 30 years and can provide many benefits for NSW.
A project of up to 2,000MW with an estimated capital expenditure of $10 billion is planned off the coast of Illawarra, to be known as the Illawarra Offshore Wind Farm.
Oceanex Energy’s ownership is comprised of Andy Evans and Peter Sgardelis, co-founders of Star of the South. Oceanex Energy has been preparing plans for the Illawarra Offshore Wind Farm since 2020, and in 2022, partnered with Equinor a leading global energy company and leading floating offshore wind developer and operator on its NSW projects. This partnership brings local and global knowledge and experience in establishing and growing the offshore wind industry in New South Wales with strong financial experience and support to grow a thriving new industry for NSW.