Neoen reaches financial close on Queensland green power hub

FRENCH renewable giant Neoen has reached financial close on its 460 megawatt Western DownS Green Power Hub in Queensland, after signing a landmark deal with state-owned Cleanco.

Neoen reaches financial close on Queensland green power hub Neoen reaches financial close on Queensland green power hub Neoen reaches financial close on Queensland green power hub Neoen reaches financial close on Queensland green power hub Neoen reaches financial close on Queensland green power hub

In a statement on Monday, Neoen said the debt from the A$600 million project has been provided by seven lenders consisting of Natixis, Mitsui Banking Corp, Commonwealth Bank of Australia, MUFG Bank.