RCR Tomlinson to build solar energy projects in QLD

Company News

by Jessica Amir

RCR Tomlinson (ASX:RCR) has been awarded two solar farm projects contracts totaling $315 million.

The diversified engineering and infrastructure company won the contracts for the engineering, procurement, construction and operation of Daydream and Hayman Solar Farm projects in North Queensland.

RCR Tomlinson says it’s pleased to deliver these two large scale solar energy projects and will commence construction in the third quarter of 2017.

RCR will operate the two renewable energy projects for an initial period of 10 years, with an option to extend a further 5 years.

Shares in RCR Thomlinson (ASX:RCR) are trading 2.79 per cent higher to $3.68.  

Jessica Amir

Finance News Network
Jessica presents the Market Outlook and company news. She joined FNN in January 2017. She has been in broadcast journalism for over five years. She has worked as a journalist with Sky News Business, ABC 1 and ABC24. She has also worked in regional Australia for Prime 7 and WIN News. She is also a qualified financial planner and a Masters of Applied Finance student.