Apr 15, 2019

Environmental boxes ticked for NQ hydro project

Environmental boxes ticked for NQ hydro project

Genex Power has secured all of the environmental approvals needed to develop its Kidston Pumped Storage Hydro project.

The pumped storage hydro project is the centrepiece of the planned $1 billion Kidston energy hub, located at the former Kidston gold mine site about 280km north-west of Townsville.

The approval process was facilitated by the Office of the Co-ordinator General after the project was declared a Coordinated Project by the State Government.

“Genex is very pleased to finalise the environmental approvals for the K2-Hydro project and allow efforts to be squarely focused on achieving financial close,” chief executive officer James Harding said.

Other elements of the energy hub include the operating 50MW Stage 1 Solar Project (KS1), a multi-staged integrated solar project of up to 270MW (K2-Solar), and the Kidston Stage 3 wind project of up to 150MW.

Genex has entered into an agreement with a McConnell Dowell/John Holland joint venture to commence an early works program on the hydro project.

To express interest in participating in K2-Hydro as a supplier or subcontractor, visit https://www.mcconnelldowell.com/suppliers-subcontractors

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