Queensland’s publicly-owned power transmission company is on the hunt for local businesses, who employ locals, to help deliver the state’s newest transmission project to supply renewable electricity to North Queensland.
Hydro to pump North Queensland jobs
More than 900 construction jobs will be created in North Queensland with the state’s first pumped hydro storage project in almost forty years reaching financial close.
Genex powers ahead with 250 MW pumped hydro project
Construction is set to commence on the 250 MW Kidston Pumped Hydro Storage Project later this month after developer Genex Power announced it had secured all the financing required to progress the $775 million project.
Kidston pumped hydro construction to start this month after Genex locks in finance
One of Australia’s first pumped hydro energy storage projects for several decades is set to commence construction before the end of the month, with project developer Genex announcing it had signed off on the financial contracts need to fund the project.
Genex locks in EPC contracts, other partners for flagship pumped hydro project
The construction of one of Australia’s first pumped hydro energy storage facilities in several decades is ready to go ahead after project developer Genex announced that it had secured contracts with key construction partners.
Federal funding for Kidston Pumped Hydro project
The Australian Renewable Energy Agency (ARENA) will provide up to $47 million in funding for Genex’s construction of its Kidston Stage 2 Pumped Hydro Energy Storage (PHES) project.
Genex confirms construction to begin on 250 MW Queensland pumped hydro plant
Construction is expected to commence on the massive 250 MW Kidston Pumped Hydro Storage Project in the coming weeks after developer Genex Power announced a $115 million share issue which will deliver the final funding required for the project to proceed.
Genex goes it alone for Kidston hydro equity after landing new deal from ARENA
Genex will go it alone to provide the equity needed for the massive Kidston pumped hydro energy storage project in north Queensland, announcing a $115 million share issue to raise the remaining funds after a deal with a potential equity partner fell through.
Genex opts for sole equity funding of 250-MW K2 hydro storage project
Genex Power Ltd (ASX:GNX), the developer of the 250-MW K2 pumped storage hydro project in Queensland, has kicked off an AUD-115-million (USD 87.4m/EUR 73.9m) equity fundraising, betting on a plan to achieve financial close without partners.
Genex Power (ASX:GNX) raises $90M for Kidston
Genex Power (GNX) will soon have enough capital to begin construction on its flagship Kidston Pumped Storage Hydro Project in North Queensland.