GNX genex power limited

Not sure of the rational, but the fact is that they have managed...

  1. 137 Posts.
    lightbulb Created with Sketch. 45
    Not sure of the rational, but the fact is that they have managed to sign up PPAs for the wind not the solar. The offtaker, Stanwell has a stake in possible hydrogen production at Gladstone, so maybe a better fit to the renewable energy needs and meeting the longer term requirements of the Guarantee of Origin Scheme for 'Green' Hydrogen production.

    Offtake agreements for 80% of generation on wind (this announcement with Stanwell for 50% over 15 years, plus already announced 30% with Energy Australia for 10 years). Financial investment decision by Dec 2024.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.