Genex Power Limited (ASX:GNX)

Investment Highlights

Company Overview

• 

  Energy Storage

  300MW of pumped hydro and battery in development or construction

• 

  Renewable Energy Portfolio

  $1 billion in renewable energy assets

• 

  Energy Supplier

  By 2025 will provide clean energy to 350,000 homes

• 

  Innovation & Opportunity

  Commenced Australia’s first pumped hydro project in 40 years

Genex is developing a renewable energy hub in north Queensland, integrating large-scale solar with pumped storage hydro.

Genex Power Limited is focused on developing a portfolio of renewable energy generation and storage projects across Australia.

With over 400MW of renewable energy & storage projects in development, Genex is well-placed as Australia’s leading renewable energy and storage company.

Genex acknowledges the support of Federal and State Government stakeholders such as the Australian Renewable Energy Agency, the Northern Australia Infrastructure Facility and the Queensland State Government.

 

The Kidston Clean Energy Hub

World first, innovative integration of intermittent solar energy with low cost energy storage creating “Renewable Energy On Tap”.

Comprises the operating 50MW stage 1 Solar Project (KS1) and the 250MW Kidston Pumped Storage Hydro Project (K2-Hydro) with potential for further multi-stage wind and solar projects.

The Jemalong Solar Project (JSP)

Located in NSW, Jemalong provides geographical diversification and generates 50MW of power from the end of 2020.

Genex is further developing its energy storage portfolio via the early stage development of a 50MW/75MWh standalone battery energy storage system at Bouldercombe in Queensland.

Additional Information

• Financials
• Company Presentations
• Other Documents

• Annual Report to Shareholders 2019

• Annual Report to Shareholders 2018

• March 2021

  Quarterly Activities Report – Quarter Ending 31 March 2021

• February 2022

  Company Presentation

• April 2021

  Company Presentation

• March 2021

  Capital Raise Presentation

• September 2019

  Genex Corporate Presentation

• March 2021

  Euroz – Research note

• April 2021

  Canaccord Genuity – Sole survivor – the last ASX-listed, Australia-focused renewable player

Team

• Management
• Directors

• James Harding

  Chief Executive Officer

  

• Arran McGhie

  Chief Operations Officer

  

• Craig Francis

  General Manager – Commercial Finance

  

• Wendy Moloney

  Business Development Manager

  

• Dr. Ralph Craven

  ​Non-Executive Chairman

  

• Simon Kidston

  ​Executive Director

  

• Ben Guo

  Finance Director

  

• Kenichi Seshimo

  Director

• Michael Addison

  Non-Executive Director

  

• Teresa Dyson

  Non-Executive Director

  

• Yongqing Yu

  Non-Executive Director

• Justin Clyne

  Company Secretary

News

• October 2021

  Battery Energy Storage System Presentation

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• May 2021

  ASX Announcement

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