Genex offered US$380 million government funding for Queensland renewable hub

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Genex offered US$380 million government funding for Queensland renewable hub

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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