NAIF extends Genex loan date

GENEX Power has said this morning the Northern Australia Infrastructure Facility’s loan term has been extended to next year, offering a lifeline to the company after EnergyAustralia cancelled its offtake agreement at the beginning of the month.

NAIF extends Genex loan date NAIF extends Genex loan date NAIF extends Genex loan date NAIF extends Genex loan date NAIF extends Genex loan date

Pumped hydro hopeful thrown a line from the Feds

 
The retailer's parent company CLP in Hong Kong decided there were too many uncertainties in the Australian power sector to sign on formally for a long term offtake agreement from the project.