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Oct 9 (Reuters) - Fortescue Metals Group Ltd (FMG) : RENEWABLE...

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    09/10/23
    08:45
    Post #: 70238483

    Oct 9 (Reuters) - Fortescue Metals Group Ltd (FMG) :

    • RENEWABLE POWER PURCHASE AGREEMENT
    • PPA WILL SECURE 337.5 MW OF ENERGY GENERATED FROM FIRST STAGE (PROPOSED AT 450MW) OF GENEX'S BULLI CREEK SOLAR PROJECT
    • UNIT ENTERED INTO A POWER PURCHASE AGREEMENT WITH A WHOLLY OWNED SUBSIDIARY OF GENEX POWER LIMITED
    • UNDER PPA, FORTESCUE WILL SECURE SOLAR ENERGY AND RENEWABLE GENERATION CERTIFICATES AT AN AGREED NOMINAL FIXED PRICE OVER A 25 YEAR TERM
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