Genex Power

Company description

Genex Power is a power generation development company based in Australia. The company is focused on innovative clean energy generation solutions which deliver attractive commercial returns for shareholders. Genex is currently pursuing a number of unique development and acquisition opportunities across Australia.

The company’s current focus is on the development of the 330MW Kidston hydro pumped storage power generation project located in Northern Queensland. Following acquisition of the Kidston site in June 2014 and completion of the associated pre-feasibility study, the Kidston project has now transitioned to full feasibility stage.

Genex Power was listed on the ASX on 8 July 2015.

Company details

City:
Sydney
Address:
Suite 5B, Level 5, 201 Leichhardt Street, Spring Hill, Brisbane 4000, Australia

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • July 20, 2023

    Genex Power commissions 50 MW battery storage system in Queensland

    Genex Power has commissioned the 50 MW and 100 MWh Bouldercombe Battery Project near Rockhampton in Queensland, Australia. The government referred to the battery as 'Big Bessie' and it will provide an...

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  • August 12, 2022

    Genex Power to fully own 2 GW solar project in Queensland

    Genex Power Limited has entered into a transaction with Solar Choice Pty Ltd in order to acquire a 100% interest in the development rights for the multi-stage 2 GW Bulli Creek Clean Energy Project loc...

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  • May 23, 2022

    J-Power signed development agreement for 200 MW wind farm in Australia

    J-POWER has signed an agreement with Genex Power Limited for joint development on the Kidston Stage-3 Wind Project (K3W) in Australia.

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  • February 28, 2022

    Genex secures AUD35mn debt financing for the 50 MW/100 MWh battery energy storage project in Queensland

    Genex Power Ltd has closed an AUD35 million (US$25.32 million) debt financing for the construction of its 50 MW/100 MWh Bouldercombe battery energy storage project in Queensland, Australia.  Inf...

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  • February 01, 2022

    Genex starts construction of 250 MW Hydro storage project in Australia

    Genex has started main construction works for its 250 MW/2,000 MWh Kidston pumped hydro energy storage project in Queensland, Australia.

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  • December 21, 2021

    Tesla signs offtake agreement for 50 MW Bouldercombe battery storage system in Queensland

    Genex Power (GNX) has signed an offtake agreement with Tesla Motors Australia for the Bouldercombe Battery Project in central Queensland. Under the offtake agreement, Tesla will operate the project us...

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  • October 05, 2021

    Genex selects Tesla batteries for 50 MW Bouldercombe battery storage system in Queensland

    Genex has executed a supply agreement with Tesla to use its Megapack technology for the Bouldecombe Battery Project (BPP) in Australia- Located near Rockhampton in North Queensland, the project consi...

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  • July 01, 2021

    Mott MacDonald, GHD win engineering job for 250 MW Kidston pumped storage hydro project (K2-Hydro) in Queensland

    Mott MacDonald and GHD have been appointed to deliver engineering services for the design of the 250 MW Kidston Pumped Storage Hydro Project, for the McConnell Dowell, John Holland Group joint venture...

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  • May 26, 2021

    Financial close of USD601.2 million achieved for 250MW pumped storage hydro project in Australia

    Genex Power announced a financial close for the 250 megawatts Kidston pumped storage hydro project (K2-Hydro) in Queensland, Australia. 

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  • May 04, 2021

    Genex Power launches construction of 250 MW Kidston pumped storage hydro project (K2-Hydro) in Queensland

    Genex Power Limited has issued Notice to Proceed under two key construction contracts to commence the construction of the 250 MW Kidston Pumped Storage Hydro Project (K2-Hydro). The EPC scope includes...

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