MARKETS

CEFC pumps $125 million to help Snowy connect to grid

THE FEDERAL government's Clean Energy Finance Corporation, which acts as a bank for renewable developments and now gas, has committed A$125 million in finance to fund transmission lines and grid connection for the Snowy 2.0 pumped hydro project.

paul hunt

CEFC pumps $125 million to help Snowy connect to grid

The corporate debt facility will be provided to TransGrid Services and will effectively connect the massive pumped hydro project to the national energy market via a new switching station and associated...

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