kidston

Genex to reach financial close by the autumn for innovative pumped storage plant offering dispatchable solar through disused gold mine.

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.

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.

Australia-based energy company Genex Power has received development approval for its 150MW Kidston Solar PV project, which would be the largest solar plant in Australia one complete