Infigen closes acquisition of 109 MW Aussie gas plant
Infigen Energy has announced the acquisition of 109 MW Smithfield Open Cycle Gas Turbine (OCGT) in Western Sydney, New South Wales for AUD60 million (US$42 million) in cash. Additional AUD14 million (US$9.7 million) is to be paid, subject to the expansion of the capacity to 123 MW.
The acquisition is expected to facilitate a substantial increase in contracting into higher priced, longer tenor and more stable markets, delivering higher quality of earnings.
Country updates
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May 21, 2019
Funding for Tasmanian interconnector to the mainland
TasNetworks published its Initial Feasibility Report for Project Marinus, which considers the feasibility of Marinus Link in relation to the technical, environmental, planning and economic elements of...
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May 20, 2019
Nexif Energy's 212-MW Aussie wind project to continue amidst EPC contractor insolvency problem
Nexif Energy, a joint venture between Singapore-based Nexif and private equity firm Denham Capital, will continue the progress as planned for its 212 MW Lincoln Gap wind farm in Australia am...
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May 17, 2019
Genex commissions UGL as EPC contractor for Jemalong solar hybrid project in New South Wales
Genex Power Ltd has commissioned UGL Pty Ltd, part of CIMIC Group Ltd, as the preferred engineering, procurement, and construction (EPC) contractor for the 50 MW Jemalong solar project in Ne...
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May 16, 2019
UGL as EPC contractor on 50 MW solar project in Australia
Genex Power has selected UGL as the preferred engineering, procurement and construction contractor for the 50 MW Jemalong solar project to be located in New South Wales, Australia. UGL was previously...
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May 15, 2019
Cosntruction works begin at 34 MW solar PV project in Victoria
Enel Green Power has started construction on the 34.2 MW solar farm that will comprise 87,000 bifacial solar modules. The project will feature highly efficient bifacial modules mounted on single-axis...
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