Genex offered US$380 million government funding for Queensland renewable hub
Genex Power Limited has announced it has received an indicative term sheet for a long-term concessional debt facility of up to AUD516 million (US$383.75 million) from the Northern Australia Infrastructure Facility (NAIF) Board for Stage 2 of the planned renewables complex in Kidston, northern Queensland.
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Country news
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June 19, 2018
NAB finalises US$150 million Low Carbon Shared Portfolio
National Australia Bank (NAB) has announced that it has finalised its Low Carbon Shared Portfolio, valued at AUD200 million (US$148.7 million), with investors including the Clean Energy Finance Corporation (CEFC) and Insurance Australia Group Limited (IAG).
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June 12, 2018
Hydro Tasmania identifies 4,800 MW pumped hydro potential
Australian utility Hydro Tasmania has announced that it has identified eight locations for up to fourteen pumped hydro storage projects in the island-state, located 240km south of the Australian mainland, separated by the Bass Strait. The so-called Battery of the Nation initiative considered around 2,000 sites to identify these fourteen potential projects, which altogether represent about 4,800 MW of pumped storage capacity.
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June 04, 2018
Financing secured for US$190 million wind farm in Australia
CWP Renewables and Partners Group have secured a AUD113 million (US$85.5 million) senior debt facility for the 135 MW Crudine Ridge wind farm, located near Mudgee in New South Wales. The estimated total investment required is AUD250 million (US$189.25 million).
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May 30, 2018
RFEOI issued for 800 MW renewable projects in Australia
Snowy Hydro, an end-to-end electricity provider in Australia, has published a Request for Expressions of Interest (RFEOI) for the supply of long-term offtake arrangements from renewable energy sources - 400 MW of wind and 400 MW of solar power.
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May 28, 2018
Partners Group to invest US$530 million in Australian renewables platform
Partners Group has announced that it has agreed to invest AUD700 million (US$528.2 million) in a new large-scale renewable energy platform in Australia, to be called Grassroots Renewable Energy Platform. It will construct over 1.3 GW of new wind power, solar power and battery storage assets across Australia within the next four years.
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