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Genex Power executes major hydro project
Genex Power executes major hydro project Share
Firm: Baker Mckenzie (Genex Power Limited).
Deal: Genex Power Limited has been advised on the execution and contractual closing of its major project construction and operation documents for the financing of the 250-megawatt Kidston Pumped Hydro Project.
Value: As per a statement from Baker McKenzie, financing for the project “will be provided by the Northern Australian Infrastructure Facility through a loan of up to $610 million as well as a contribution of $47 million in grant funding from the Australian Renewable Energy Agency”.
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