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Genex Power Announces Project Financial Close Reached for the Kidston Solar Project (Phase One 50MW)

HIGHLIGHTS

- Project Financial Close reached for Kidston Solar Project (Phase One 50MW)

- Approximately $100m project finance from Clean Energy Finance Corporation and Societe Generale

- Project Finance Equity and ARENA Funding in place to fund project development costs

- Project construction remains on target for first generation and cash flow by Q4 2017

Genex Power Limited (ASX:GNX) (Genex or Company) is pleased to announce that it has successfully achieved Financial Close for its Kidston Solar Project Phase One 50MW (KSP1 or Project).


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