Kidston Pumped Storage Hydro Project (K2-Hydro)

Kidston Pumped Storage Hydro Project (K2-Hydro) - Additional Standby Financing

Industry
Power/Large hydro
Area of finance
Project & Infrastructure Finance
Region
Australasia
Australasia
Countries
Australia

Deal Overview

J-Power will provide a loan facility of A$35 million to Genex Power as an additional standby source of funding for the 250MW/2,000MWh Kidston pumped hydro project in Northern Queensland, to help ensure it remains on track for energization in 2024.

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Deal Volume
$23.16m
Financial Close
30/06/2023
Dealmakers
Sources

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Project Deals

Kidston Pumped Storage Hydro (K2-Hydro)
$589.87m
Greenfield
Large hydro
Australasia
Australasia
Australia