This is very good news.
Dark Horse Resources Signs Significant Energy Development MoU with Sunset Power Pty Ltd
Highlights
Memorandum of Understanding executed with Sunset Power Pty Ltd for the development of a thermal power station in Argentina to supply low‐cost base‐load power to the local region and into the main Argentinian electricity supply network.
- Sunset Power successfully planned the development of six gas‐fired power stations in Australia over the last 15 years, forming ERM Power Limited to construct and operated them, and is the parent company of Sunset Power International, which has been involved overseas in new power station development planning, and recently acquired the Vales Point power station from the NSW Government.
- Dark Horse has access to significant thermal fuel resource targets in Argentina.
- Sunset Power and Dark Horse will endeavour to enter a Power Purchase Agreement with the government of Argentina, obtain all necessary development approvals and subsequently procure the construction and commissioning of all the power station facilities and finance for the power project.
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