Prominent cotton growers David and Danielle Statham are looking to sell St Ronans Station, a 44,000-hectare property in Far North Queensland. The sale is aimed at funding the development of a major wind farm on a portion of the land, as the Stathams shift their focus towards renewable energy projects.
Already a subscriber?Prominent cotton growers David and Danielle Statham are hoping to rake in more than $70 million from the sale of one of the jewels in their farming empire, St Ronans Station in Far North Queensland – as they focus on developing a major wind farm on a carved-out portion of the holding.
Its original Sundown Valley aggregation west of Armidale and the Gunnee feedlot near Inverell were purchased two years later by Gina Rinehart’s Hancock Agriculture.reported in 2011 that the Stathams were seeking to sell both their Keytah and Sundown Valley holdings, which at the time had a combinedThe Stathams’ move into cotton and cropping was accompanied by a decision to focus on developing highly sustainable farming practices.
Mr Statham said St Ronans’ primary attraction was its suitability for renewable energy projects such as wind farms, as well as its capacity to generate carbon offsets and the potential to grow tree crops processed for sustainable aviation fuel. Alongside the growing of cotton and other crops, St Ronans has a carrying capacity of 5500 cattle. It also includes a large feedlot and abundant secure water through high-pressured irrigation bores, a large storage dam and other natural sources. It also has 4300 tonnes of grain silo storage, steel cattle yards and other improvements.
Cotton Farming Wind Farm Renewable Energy Sale
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