Genex Power Limited (ASX:GNX)

Investment Highlights

Company Overview

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.

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