K2-Hydro project nears financial close

In:

Power, Renewables

Region:

Asia-Pacific

By Max Thompson

Sponsors of the 250MW Kidston Stage 2 pumped storage hydro project (K2-Hydro) in Australia –Genex Power (50%) and EnergyAustralia (50%) – are expected to reach financial close on a A$610 million ($425 million) debt package to fund the scheme in Q3 2019.The federal government lending...

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