tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

HMC Capital’s Kentbruck Wind Farm Wins Green Light from Victorian Government

Story Highlights
  • HMC Capital secured ministerial backing for its 600 MW Kentbruck Wind Farm, bolstering its energy transition platform.
  • The Kentbruck project will supply power to about 380,000 homes, create jobs, and support regional industry in Victoria.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
HMC Capital’s Kentbruck Wind Farm Wins Green Light from Victorian Government

Claim 70% Off TipRanks Premium

The latest update is out from Home Consortium Ltd ( (AU:HMC) ).

HMC Capital has welcomed the Victorian Planning Minister’s positive assessment of the 600 MW Kentbruck Wind Farm, a key asset within its Energy Transition platform that aligns with rising demand for clean power from consumer, industrial and emerging AI users. The project, now cleared to proceed following Victoria’s rigorous Environment Effects Statement process, will comprise up to 105 turbines capable of generating around 2,000 GWh of renewable energy annually—enough to power roughly 380,000 homes—while creating about 350 construction jobs and 14 ongoing roles, supporting the Portland aluminium smelter, and reinforcing HMC’s positioning in energy transition infrastructure ahead of an anticipated capital-partnering update in February 2026.

The most recent analyst rating on (AU:HMC) stock is a Buy with a A$4.50 price target. To see the full list of analyst forecasts on Home Consortium Ltd stock, see the AU:HMC Stock Forecast page.

More about Home Consortium Ltd

HMC Capital Limited is a leading ASX-listed diversified alternative asset manager focused on real estate, private equity, energy transition, digital infrastructure and private credit. The firm manages approximately $18.7 billion for institutional, high-net-worth and retail investors, leveraging a highly experienced team to execute large, complex transactions that have driven rapid funds-under-management growth and strong investor returns.

Average Trading Volume: 2,488,790

Technical Sentiment Signal: Hold

Current Market Cap: A$1.58B

Find detailed analytics on HMC stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1