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) is pleased to advise of the appointment of Mr Kenichi Seshimo as a Director of the Company effective today pursuant to the approval of shareholders at the Extraordinary General Meeting held on 29 April 2021.
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').
Genex Power Limited (ASX:GNX) is pleased to provide the following update on the Company's activities and performance for the quarter ending 31 March 2021 (Q3 FY2021), a period during which the Company made substantial progress with its Kidston Pumped Storage Hydro Project.
Genex Power Limited (ASX:GNX) is pleased to announce that, further to its announcement of Project Document Contractual Close on 31 March 2021, it has today issued Notice to Proceed under two key construction contracts to formally commence construction of the 250MW Kidston Pumped Storage Hydro Project.
Genex Power Limited (ASX:GNX) refers to its ASX release of 24 March 2021 announcing the accelerated 11 for 20 non-renounceable entitlement offer of new ordinary shares in the Company (New Shares) at $0.20 per New Share.
Genex Power Limited (ASX:GNX) is pleased to announce that, further to its announcement of Project Document Contractual Close on 31 March 2021, it has today reached Finance Document Contractual Close for the 250MW Kidston Pumped Storage Hydro Project.
Genex Power Limited (ASX:GNX) is pleased to announce that it has completed the execution of the major project documentation and as a result reached Project Document Contractual Close ('PD Contractual Close') for the 250MW Kidston Pumped Storage Hydro Project
The Placement and IEO raised approximately $56.0M as part of the Company's fully underwritten $90.3M equity raise ('Offer' or 'Equity Raise') announced on Wednesday, 24 March 2021.
Genex Power Limited (ASX:GNX) is pleased to announce that it has received a conditional offer for grant funding totalling up to $47M from the Australian Renewable Energy Agency ('ARENA') for the Kidston Pumped Storage Hydro Project
Genex Power Ltd (ASX:GNX) provide their April 2020 Non-Deal Virtual Roadshow Presentation with significant highlights.
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