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Genex Power Limited 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 ....
Genex Power Ltd (ASX:GNX) Quarterly Activities Report
Quarterly Activities ReportSydney, July 23, 2021 AEST (ABN Newswire) - Genex Power Limited ( ASX:GNX) is pleased to provide the following update on the Company s activities and performance for the quarter ending 30 June 2021 (Q4 FY2021 or the Period), a period during which the Company reached financial close and commenced construction at its flagship Kidston Pumped Storage Hydro Project (K2-Hydro). HIGHLIGHTS - Financial close for K2-Hydro was reached during the Period, signalling the satisfaction of all conditions precedent associated with the financing of the project; - Construction at the K2-Hydro site at Kidston commenced, including upgrade work for the accommodation village, key infrastructure and fresh water supply; ....
Genex Power Ltd (ASX:GNX) Achieves Financial Close for Kidston Hydro - ABN Newswire (@ABN_Newswire) abnnewswire.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from abnnewswire.net Daily Mail and Mail on Sunday newspapers.
Genex Power Ltd (ASX:GNX) Appointment of Kenichi Seshimo as a Director - ABN Newswire (@ABN_Newswire) abnnewswire.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from abnnewswire.net Daily Mail and Mail on Sunday newspapers.
Genex Power Ltd (ASX:GNX) EGM Approves JPower Investment - Timeline to Financial Close
EGM Approves JPower Investment - Timeline to Financial CloseSydney, April 29, 2021 AEST (ABN Newswire) - Genex Power Limited ( ASX:GNX) is pleased to provide the following update on the finalisation of the subscription by Electric Power Development Co., Ltd ( J-POWER ) for up to $25M to be applied toward the 250MW Kidston Pumped Storage Hydro Project ( K2-Hydro or Project ). Highlights: - Subscription pricing period commenced, subject to a minimum of $0.211 per share; and - Financial Close scheduled to occur on 19 May 2021. Following approval of Resolution 1 and Resolution 2 at the Extraordinary General Meeting of Genex shareholders (EGM) held earlier today (refer ASX Announcement dated 29 April 2021), Genex has today given notice to J-POWER that the conditions precedent to the Share Subscription Agreement between Genex and J-POWER ( SSA ) (refer ASX Ann ....