A diverse Renewable Energy base

Genex Power Limited is an ASX-listed company focused on developing a portfolio of renewable energy generation and storage projects in Australia. Genex’s diverse portfolio includes large-scale batteries, pumped storage hydro, wind and solar across Qld and NSW. The Company’s flagship Kidston Clean Energy Hub, located in north Queensland, will integrate large-scale solar generation with pumped storage hydro and wind energy. The Kidston Clean Energy Hub comprises the operating 50MW stage 1 Solar Project, the 250MW Kidston Pumped Storage Hydro Project currently under construction, and the up to 258MW Kidston Wind Project currently in development.

Genex is focused on delivering its portfolio of renewable energy generation and storage projects

Genex’s Kidston Pumped Storage Hydro Project (K2-Hydro) is the first pumped hydro project to be developed in over 40 years in Australia. K2-Hydro is currently under construction and is expected to be operational in 2025. Genex’s first standalone, large-scale battery energy storage project is its 50MW/100MWh Bouldercombe Battery Project (BBP), located in Rockhampton Queensland, and has been operating since November 2023. Genex is continuing to further expand its battery strategy via its pipeline opportunities comprising of the development of its up to 2GW multi-stage Bulli Creek Clean Energy Project which will be a renewable energy and storage powerhouse of large-scale BESS and solar, as well as the BBP 2 Project at 50MW/100MWh.

With over 2.25GW of renewable energy & storage projects in development, Genex is well placed as Australia’s leading renewable energy and storage company.

Producing clean energyfor Australia

By 2025 our portfolio of renewable power projects will provide clean energy to over 350,000 homes offsetting almost 2 megatonne of CO2 per annum.
100MW Solar

100MW of solar in operation

450MW to 775MW in development

250MW Hydro

250MW/2000MWh under construction

50MW Battery

50MW/100MWh large-scale BESS in operation

~400MW/1600MWh in development

258MW Wind

258MW wind in development

Board 

Dr. Ralph Craven

Ind. Non-Executive Chairman

Ralph has been a full time Non-executive Director for over 15 years with broad experience in energy, resources, infrastructure and agribusiness. Appointed in 2014 as Non-executive Director of Genex, Ralph was also Non-executive Director of Senex Energy Limited and AusNet Services Limited. Other roles held include being Non-executive Director and Chairman of Tully Sugar, Ergon Energy Corporation Limited and Stanwell Corporation Limited, Non-executive Director and Deputy Chairman of Arrow Energy Limited, Non-executive Director of Mitchell Services Limited and Council Board of the International Electrotechnical Commission, CEO of Transpower New Zealand Limited, General Manager of Shell Coal Pty Ltd and Executive Director of NRG Asia Pacific Limited.
Simon Kidston

Simon Kidston

Non-Executive Director

Simon is the co-founder of Genex. He has a track record of building companies including the successful ASX-listing of Endocoal Limited and Carabella Resources Limited. Simon has more than 30 years’ investment banking experience in Australia and overseas with groups such as Macquarie Bank Limited, HSBC and Helmsec Global Capital Limited. During this period, he assisted companies to grow by accessing capital, negotiating strategic relationships and undertaking acquisitions. He has a Bachelor of Commerce degree and is a Member of the Australian Institute of Company Directors.
Ben Guo

Ben Guo

Non-Executive Director

Ben has over 10 years’ management experience in Australia. He was a founding director of Genex where he held the position of CFO until 2021. Ben is currently a director of Permagen, a carbon project development business based in Australia. Prior to joining Genex, he was a director at Helmsec Global Capital Limited as well as being the CFO of Estrella Resources Limited.
Kenichi Seshimo

Kenichi Seshimo

Non-Executive Director

Kenichi has worked in the energy industry for over 30 years. Kenichi has been working with Electric Power Development Co., Ltd (J-POWER) since 2004, where he has been involved in a number of project development and management roles including as Non-executive Director with CBK (pumped storage hydro in the Philippines), Non-executive Director of Chia Hui gas fired power project company (450MW) in Taiwan, CEO of PT Bhimansena Power Indonesia (project cost US$4 billion), which was responsible for the delivery of 2 x 1,000MW ultra super critical coal thermal power projects in Indonesia, and more recently, COO of J-POWER Australia Pty Limited.
Teresa Dyson

Teresa Dyson

Non-Executive Director

Teresa is Non-executive Director and Audit and Risk Committee Chair of Seven West Media Ltd and Shine Justice Ltd and Non-executive Director of Entyr Ltd. Teresa is also a Director of Energy Qld Ltd, Brighter Super, National Housing Finance and Investment Corporation and the Gold Coast Hospital and Health Board. She is a member of the Takeovers Panel and a former member of FIRB. Teresa has broad legal experience across infrastructure, financial structuring and taxation law. Teresa has previously been Chair of the Board of Taxation and a Partner of Ashurst and Deloitte and was named Woman Lawyer of the Year in 2011 by the Women Lawyers Association of Queensland.

Management

Craig Francis

Chief Executive Officer

Craig is an experienced leader with over 15 years’ experience in financial markets and a deep knowledge of the energy sector. He joined Genex in 2017 to lead the commercial development of the Company’s portfolio and was promoted to CFO in 2021. During his time with Genex, Craig has been a core part of the leadership team and has been instrumental in delivering the Company’s portfolio to its current level of maturity, with 400MW of committed renewable energy generation and storage projects and a development pipeline of 2.25GW. He became CEO of Genex in 2023. Prior to Genex, Craig was part of the corporate finance team at Cantor Fitzgerald Europe in the UK where he focused on advising clients in the energy and natural resources sectors. Craig has also worked at boutique corporate finance advisers RFC Ambrian and Helmsec Global Capital in London and Sydney.

Arran McGhie

Chief Operations Officer

Arran has over 27 years experience in project delivery of large underground mine development and urban infrastructure projects, in Australia and overseas. Of note Arran was involved in the construction of the Olympic Dam Expansion Project, Newcrest’s Ridgeway Gold Project. He also held key roles on the construction of the Cross City Tunnel and Lane Cove Tunnel projects in Sydney as well as the Northern Sewerage Project in Melbourne. Prior to joining Genex in 2015, Arran played a key role in the negotiation of a $150 million mining services contract for Thiess with Antafagasta Minerals in Chile. Since joining Genex in 2015 Arran has played a key role in the development of the companies Kidston Solar 50MW project and most recently the Kidston Pumped Storage Hydro 250MW Project currently under construction.

Ben Williams

General Manager – Development and Construction

Ben has over 13 years of renewable energy experience, working from project development and sales through to construction and operations. He has worked with wind turbine OEMs and Project Developers/Owners on over 8GW of wind, solar and battery storage projects in various stages of the project lifecycle. Ben is a Mechanical Engineer with qualifications in project management.

The History of the Kidston Township

The township of Kidston was developed on the west bank of the Copperfield River after the official discovery of gold in 1907, leading to a rich period in Kidston’s history, initially known as the Oaks Rush. The town grew significantly overnight, with many miners and prospectors flooding in from all parts of the north to try their luck. The field proved to be rich and over the next three years an estimated 622,000 grams of gold had been mined. By May 1908, there were 1400 people residing at Oaks Rush and an estimated 430,000g of gold had been won.

The Oaks Rush Goldfield continued mining up until 1945 when it shut its doors only to reopen again in 1979 when Kidston Gold Mines applied to the Queensland Government to start full production again. Mining continued from 1985 until it was permanently closed in 2001.

After being a mining community for a century, Kidston is undergoing a monumental transformation with a new lease on life. The two large disused pits that made up the old gold mine are being converted into a world-first pumped storage hydro project, utilising an abandoned gold mine. The Kidston Pumped Storage Hydro Project is the first of its kind to be developed in Australia in over 40 years, combined with multi-stage solar and wind renewable energy assets underpinning the Kidston Clean Energy Hub.

Genex will use its core competencies of project identification, execution, partner relations and knowledge of the Australian energy markets to continue to drive growth

Project Opportunities

Our Projects

Kidston Clean Energy Hub
50MW Jemalong Solar Project
50MW/100MWh Bouldercombe Battery Project
2GW Bulli Creek Clean Energy Project