NAIF is delivering on its vision to transform northern Australia through financing infrastructure development.
As at 21 July 2020, the total value of NAIF loan commitments currently forecast is $2.1 billion. For a list of NAIF projects, see here
Loan values are based on currently available information. As projects develop and commercial arrangements are finalised there is potential that loan values may change.
¹This data excludes the Pilbara Minerals Pippingarra Road Investment Decision (NAIF Loan $19.5m and Project Value of $25m). Whilst it is counted as an Investment Decision made by the NAIF Board it will not proceed to financial close. Since NAIF’s Investment Decision several changes to Pilbara Minerals’ regional operating environment have resulted in the company reassessing its investment in the Pippingarra Road as its primary haulage route and as such this project will now not proceed; however, Pilbara Minerals are continuing to engage with NAIF on future infrastructure requirements.
On 7 May 2020 the NAIF Board made an Investment Decision (included in the total above) to offer an additional Financing Mechanism of up to $10.5 million to support the Beyondie Sulphate of Potash Project to meet additional forecast construction costs and contingencies for the Project. Following a subsequent successful equity raising by Kalium Lakes Limited, the additional loan facility will not be required by the company.
As at 21 July 2020 there were 98 active enquiries in the NAIF pipeline. This excludes the projects which have reached Contractual or Financial Close.
- Queensland 52
- Western Australia 34
- Northern Territory 11
- Cross Jurisdictional 1
Projects in Due Diligence
As at 21 July 2020 there were 28 projects in the due diligence phase of NAIF’s assessment process.
Information on NAIF Investment Decisions notifications is available here.