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Wednesday, 21 August 2019

Wind farm and power transmission lines in Australia

Connecting to a renewables future

PFI Issue 654 - July 31, 2019

The need for new transmission in Australia is paramount. The energy market regulator is pushing new schemes. By John Arbouw.

Uni secures Solar River PPA

PFI Issue 654 - July 31, 2019

The University of Adelaide has secured a 15-year power purchase agreement (PPA) from West Australian company Alinta Energy for 75% of the output from its 200MW solar river project at Roberstown, South Australia.

Mayur Resources appoints PF advisers

PFI Issue 654 - July 31, 2019

Mayur Resources has appointed Morgans and KPMG to secure around US$350m for its Central Cement & Lime project, located 25km west of Port Moresby in Papua New Guinea.

Lendlease/Capella win defence solar tender

PFI Issue 654 - July 31, 2019

Lendlease and Capella Capital have won the tender to build and maintain two solar projects totalling 14MW to power two army bases in the Northern Territory.

Lenders sounding on harbour tunnel project

PFI Issue 654 - July 31, 2019

The New South Wales government is reported to be sounding out banks, funds and other lenders on their willingness to provide project finance for the proposed A$15bn (US$10.5bn) Western Harbour Tunnel and Northern Beaches link in Sydney.

Final bids due on SA schools PPP

PFI Issue 654 - July 31, 2019

The three bidders for the A$261m South Australia schools public-private partnership will submit final bids next month.

Bungama solar project given green light

PFI Issue 654 - July 31, 2019

EPS Energy is reported to have received approval from the South Australian government to develop the 280MW Bungama solar project. The project is located outside of Port Pirie and will include 140MW/560MWh of battery storage.

FRV reaches FC on Goonumbla solar

PFI Issue 654 - July 31, 2019

Spanish renewables developer FRV has reached financial close on the 67.8MW Goonumbla solar facility in New South Wales, with the estimated A$223m of project finance provided by DZ Bank and ING, and the latter providing the lion’s share.

Terregra Renewables secures solar funding

PFI Issue 654 - July 31, 2019

Indonesian renewables developer Terregra Renewables is reported to have secured a A$7m loan from infrastructure debt provider, Infradebt for its 5MW Mobilong and 5MW Moyall solar farms in South Australia.

Ten shortlisted in Queensland renewables auction

PFI Issue 654 - July 31, 2019

The Queensland government has shortlisted 10 projects for its 400MW auction conducted under the Powering Queensland Plan.

QIC wins Pacific Energy tender

PFI Issue 654 - July 31, 2019

QIC has won the auction to take over West Australian energy company Pacific Energy in a deal worth about A$487m.

Kalium Lakes secures new funding

PFI Issue 654 - July 31, 2019

Kalium Lakes will secure a 10-year A$50m (US$35m) project finance package from KfW IPEX-Bank for its Beyondle potash project in Queensland following the final decision by Euler Hermes to provide project financed export cover.

NT supports huge solar project

PFI Issue 654 - July 31, 2019

The Northern Territory government has given major project status to a proposed A$20bn, 10GW solar and 20GWh–30GWh battery project to be developed by Sun Cable near Tennant Creek.

NSW approves Orange Grove solar project

PFI Issue 654 - July 31, 2019

The 110MW Orange Grove solar farm located outside of Gunnedah in NSW has been issued planning approval by the New South Wales Independent Planning Commission.

Morrison & Co to sell PPP assets

PFI Issue 654 - July 31, 2019

Morrison & Co’s PPP fund is reported to have hired KPMG Corporate Finance to sell its assets in New Zealand and Australia in a deal expected to be worth more than A$350m (US$249m).

KIT in talks with Basslink lenders

PFI Issue 654 - July 31, 2019

Singapore’s Keppel Infrastructure Trust (KIT), which owns the Basslink interconnector between Tasmania and Victoria, is reported to be in talks with its lending group to increase the tenor of its A$700m loan due later this year in exchange for a higher margin.