Genex Power Limited (ASX:GNX) is focused on developing a portfolio of renewable energy generation and storage projects across Australia. The Company's flagship Kidston Clean Energy Hub, located in north Queensland, will integrate large-scale solar generation with pumped storage hydro. The Kidston Clean Energy Hub is comprised of the operating 50MW stage 1 Solar Project (KS1) and the 250MW Kidston Pumped Storage Hydro Project (K2-Hydro) with potential for further multi-stage wind and solar projects. The 50MW Jemalong Solar Project (JSP) is located in NSW and provides geographical diversification to the Genex Power Limited portfolio. JSP was energised in early December 2020 and commissioning is now underway. Genex is further developing its energy storage portfolio via the early stage development of a 50MW/75MWh standalone battery energy storage system at Bouldercombe in Queensland. With over 400MW of renewable energy and storage projects in development, Genex is well placed as Australia's leading renewable energy and storage company.
Genex Power Ltd
ASX:GNX ISIN:AU000000GNX5
News
Genex Power Limited (ASX:GNX) provides the following market update on its business activities in the context of the uncertain and rapidly unfolding COVID-19 situation.
Genex Power Limited (ASX:GNX) is pleased to announce that it has today finalised its offtake arrangements for the 250MW Kidston Pumped Storage Hydro Project (K2-Hydro or the Project) with the signing of a binding Energy Storage Services Agreement (ESSA) with EnergyAustralia.
Genex Power Limited (ASX:GNX) is pleased to provide the following update on the Company's financial performance for the first half of the 2020 financial year (1H FY2020).
Genex Power Limited (ASX:GNX) is pleased to provide the following update on the Company's financial performance for the first half of the 2020 financial year (1H FY2020).
Genex Power Limited (ASX:GNX) is pleased to provide the following update on the Company's activities and performance for the second quarter of the 2020 financial year (Q2 2020).
Genex Power Limited (ASX:GNX) is pleased to announce that it has successfully achieved Financial Close for the 50MWAC Jemalong Solar Project in New South Wales and the refinancing of the existing debt facility for the 50MWAC Kidston Solar One Project, operating at the Company's Clean Energy Hub in Kidston, North Queensland.
As with previous years, FY19 was another busy year in which Genex Power Ltd (ASX:GNX) made strong progress on advancing our diversified portfolio of renewable energy projects with strong progress throughout the year.
Genex Power Limited (ASX:GNX) is pleased to announce that it has signed a new Memorandum of Understanding with Electric Power Development Co Ltd trading as JPOWER.
Genex Power Limited (ASX:GNX) is pleased to announce that banks have received credit approval subject to final documentation for $175m of debt funding that will be utilised to finance the construction of the Company's 50MW Jemalong Solar Project in New South Wales.
Genex Power Limited (ASX:GNX) is pleased to announce that further to its announcement on 1 November 2019, the Northern Australia Infrastructure Facility (NAIF) Board has confirmed it has extended the date of its offer of long-term concessional loan funding for the Kidston Stage 2 Pumped Storage Hydro Project.
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