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Meridian may quit 50% stake in $A1b Australian wind farm

Sale being considered to book gains made available by the global drop in interest rates.

Meridian to build hemisphere's largest wind farm

Meridian Energy and Australian electricity generator AGL have announced plans to build the southern hemisphere’s biggest wind farm.

Meridian will hold a 50% investment share in the A$1 billion 420 MW Macarthur wind farm in southwest Victoria, due for completion in 2013.