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Genex Power Announces Kidston Pumped Storage Hydro: McConnell Dowell/Downer JV Selected as Preferred EPC Contractor

HIGHLIGHTS

• McConnell Dowell / Downer JV Selected as Preferred EPC Contractor

• Early contractor involvement (ECI) process to accelerate project development and reduce cost

• Clear pathway to Financial Close in 2018

Genex Power Limited (ASX:GNX) (Genex or Company) is pleased to provide an update in relation to the development of the 250MW Kidston Pumped Storage Hydro (K2-Hydro) project at Kidston, North Queensland. The K2-Hydro project is part of the overall Kidston Stage 2 (K2) project, which includes a co-located 270MW solar PV project (K2-Solar).


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