News
20 May 2021

Kidston Pumped Storage project reaches financial close

In:
Power, Renewables
Region:
Asia-Pacific

Genex Power Limited (GNX) has reached financial close for the 250MW Kidston Pumped Storage Hydro Project (K2-Hydro). Financial close follows settlement and allotment of shares in Genex to J-POWER, who now becomes the largest single shareholder in the company with a 10% interest.

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

You might also like


Perspective
23 January 2026

Exile Group partners with Bridgepoint to support next level...

Exile Group welcomes Bridgepoint, a leading mid-market investor, which will take a minority interest in the leading provider of events and intelligence for the export, trade,...

Perspective
31 January 2026

Ilute Solar: DFIs support an African merchant pioneer

Zambia’s Ilute solar project reached financial close without a sovereign guarantee, using a layered capital structure to absorb merchant price risk. It provides a template for...