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Western Australia signs for Onslow investment
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  2. Western Australia signs for Onslow investment

The Onslow Marine Support Base (OMSB) financing through the Northern Australia Infrastructure Facility (NAIF) has reached a key stage, with the signing of loan documents for the project by the Western Australian government, as the lender of record.

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NAIF loan for floating terminal in Cape York jobs boost
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  2. NAIF loan for floating terminal in Cape York jobs boost

The Northern Australia Infrastructure Facility (NAIF) today announced an Investment Decision to offer a loan of up to $47.5m for the expansion of a Cape York bauxite project, supporting economic and social development in Far North Queensland.

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NAIF commits up to $610m loan for north Queensland Hydro Power Storage Project
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  2. NAIF commits up to $610m loan for north Queensland Hydro Power Storage Project

The Northern Australia Infrastructure Facility (NAIF) has approved its largest investment to date with a loan of up to $610 million for a world-first renewable energy project in north Queensland 270km north west of Townsville. The Kidston Project is the first pumped hydro energy storage scheme globally to utilise an abandoned mine.

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Northern Australia Infrastructure Facility is extended by a further five years
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  2. Northern Australia Infrastructure Facility is extended by a further five years

The Northern Australia Infrastructure Facility (NAIF) will make further significant investment into the North after being granted a five year extension by the Commonwealth Government.

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Ground broken at major NAIF supported renewable project
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  2. Ground broken at major NAIF supported renewable project

The largest investment by the Northern Australia Infrastructure Facility (NAIF) to date today reached a significant milestone with a ground-breaking ceremony at the 250MW Kidston Pumped Storage Hydro Project.

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NAIF reforms pass through House of Representatives
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  2. NAIF reforms pass through House of Representatives

Ministerial media release: Minister for Resources, Water and Northern Australia, Keith Pitt, and Assistant Minister for Northern Australia Michelle Landry.

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NAIF is open for business
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  2. NAIF is open for business

The Government’s new NAIF is open for business and starting the important work of building investment and creating jobs across the nation’s north. The Minister for Resources and Northern Australia officially launched the NAIF at an event in Cairns on 10 August 2016.

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NAIF CEO announced
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  2. NAIF CEO announced

The Minister for Resources and Northern Australia, Senator the Hon Matt Canavan, announces the appointment of Ms Laurie Walker as NAIF’s Chief Executive Officer on 11 October 2016.

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Genex Welcomes approval for the NAIF to proceed to full due diligence phase
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  2. Genex Welcomes approval for the NAIF to proceed to full due diligence phase

Genex Power Limited (ASX: GNX) (Genex or Company) is pleased to advise that it has received approval from the Northern Australia Infrastructure Facility (NAIF) to proceed to the full due diligence phase for its Stage 2 large-scale solar and hydro pumped storage projects at Kidston in North Queensland. This follows the strategic assessment phase, which involved preliminary and assessment stakeholder consultation.

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Onslow Marine Support Base Investment Decision
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  2. Onslow Marine Support Base Investment Decision

The NAIF Board has made its first Investment Decision regarding the Onslow Marine Support Base with financial assistance of around $16.8m for a multi-user infrastructure port and marine supply project.

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NAIF pipeline growing after announcement of first Investment Decision
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  2. NAIF pipeline growing after announcement of first Investment Decision

The Northern Australia Infrastructure Facility (NAIF) pipeline has now grown to 140 enquiries, a little more than 12 months after the organisation was established.

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Investment Forum showcases potential of northern Australia
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  2. Investment Forum showcases potential of northern Australia

The NAIF pipeline looks set to expand even further, following the Northern Australia Investment Forum, which was held this week in Cairns.

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