Genex offered US$380 million government funding for Queensland renewable hub
- Genex Power
- Northern Australia Infrastructure Facility (NAIF)
- Australian Renewable Energy Agency (ARENA)
- 270 MW solar project in Northern Queensland (Kidston Renewable Energy Hub Stage 2)
- 250 MW pumped hydro storage project in Northern Queensland (Kidston Renewable Energy Hub Stage 2)
Genex Power Limited has announced it has received an indicative term sheet for a long-term concessional debt facility of up to AUD516 million (US$383.75 million) from the Northern Australia Infrastructure Facility (NAIF) Board for Stage 2 of the planned renewables complex in Kidston, northern Queensland.
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