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Hana Financial Investment Ltd has secured AUD200 million (US$145.8 million) financial debt for the 162 MW Columboola Solar Farm located in Miles, approximately 33km north-west of Chinchilla in south-east Queensland, Australia.
Hana Financial has signed a debt financing agreement from Australia and New Zealand Banking Group (ANZ), DBS, and Societe Generale.
The project is currently under construction and is scheduled to be operational in January 2022.
Sterling and Wilson Solar Ltd will build and operate the project for the first two years and will be taken over by Korea Electric Power Corp (KEPCO) afterwards.
