Financial close for FNQ green power hub
Renewable energy company Neoen has completed financial close for the $370 million Kaban Green Power Hub in Far North Queensland.
Civil works are already underway on the project after EPC contractor Vestas was provided with notice to proceed in May.
The project set to deliver more than 250 construction jobs and to generate 457 GWh of affordable clean energy each year from 2023.
It consists of a 157 MW wind farm located near Ravenshoe and a 320km transmission line upgrade of the North Queensland coastal circuit.
The Kaban Green Power Hub was at the centre of a funding controversy in. . .
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