The need for new transmission in Australia is paramount. The energy market regulator is pushing new schemes. By John Arbouw.
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 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 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.
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.
The three bidders for the A$261m South Australia schools public-private partnership will submit final bids next month.
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.
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.
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.
The Queensland government has shortlisted 10 projects for its 400MW auction conducted under the Powering Queensland Plan.
QIC has won the auction to take over West Australian energy company Pacific Energy in a deal worth about A$487m.
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.
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.
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’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).
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.