GNX genex power limited
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News: GNX Genex Power Updates On Fortescue Offtake

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    22/12/23
    10:35
    Post #: 71585674

    Dec 22 (Reuters) - Genex Power (GNX) :

    • AGREED WITH FORTESCUE EXTENSION OF SUNSET DATE FOR ACHIEVING FINAL INVESTMENT DECISION IN RESPECT OF GIBSON ISLAND TO 28 FEB 2024
    • UNIT ENTERED 25-YEAR PPA WITH FORTESCUE
    • PPA FOR 337.5MW OF CAPACITY FROM LARGE-SCALE FIRST STAGE SOLAR FARM AT BULLI CREEK SOLAR AND BATTERY PROJECT
    • PARTIES HAVE ALSO AGREED TO EXTEND SUNSET DATE FOR ACHIEVING FINANCIAL CLOSE OF BCS TO 31 MARCH 2025

    (([email protected];))

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