Genex Power Kidston Hydro Project Update

NAIF made an Investment Decision in July 2019 to provide a loan of up to $610m for the Kidston Pumped Storage Hydro project.

Genex Kidston Pumped Storage Hydro Project

NAIF made an Investment Decision in July 2019 to provide a loan of up to $610m for the Kidston Pumped Storage Hydro project.

Further to the company’s announcement on 1 July 2020, NAIF can confirm it has agreed to provide an extension to its conditional loan offer to 30 September 2020.

The company’s announcement to the ASX can be viewed here: Genex Power announcement