Japanese power company J-Power has acquired a 10% stake in renewables and pumped hydro developer Genex Power through its Australian subsidiary JPGA Partners.
State to re-engage after court defeats over electrician rule, AU$16.2 million placement to back 50MW Jemalong, 89MW Clermont linked despite reports of bumpy ride.
Genex Power has announced that the Northern Australia Infrastructure Facility (NAIF) Board has supported a financing structure for Genex’ Kidston State 2 Project through the provision of an indicative term sheet for a long-term concession debt facility of up to US$382 million.
Genex Power Limited has appointed UGL as its preferred engineering, procurement and construction (EPC) contractor for the 270MW Kidston Stage 2 Solar project in Kidston, North Queensland, Australia.
Australian energy firm Genex Power has received first-round board approval from the Northern Australia Infrastructure Facility (NAIF) for potential debt funding of its 270MW solar PV and 250MW pumped hydro projects, that are part of the Kidston Renewable Energy Hub, in Northern Queensland.
A total of 12 projects have been awarded funding in Australia’s breakthrough utility-scale solar funding round, with AU$91 million set aside for 482MW of capacity.
