GNX 0.00% 27.5¢ genex power limited

General GNX News, page-50

  1. dej
    409 Posts.
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    Some news from different agencies:

    http://www.hydroworld.com/articles/...age-plant-with-eye-on-securing-financing.html

    http://www.power-technology.com/new...ojects-enter-full-due-diligence-phase-5869852

    Most interesting snippet from second article;

    "The company expects to receive between A$200m ($152m) and A$300m ($228m) in debt funding from NAIF to move forward with stage II of the 270MW Kidston solar project, which will require a A$420m ($319m) investment."

    Good chunk of the solar stage II in debt.
 
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