X-Elio Reaches Financial Close For 200MW Solar Project In Australia

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X-Elio Reaches Financial Close For 200MW Solar Project In Australia

• 21 Jan 2022
• Australia
• Infrastructure

News: X-Elio has reached financial close for the 200MW Blue Grass solar farm in the Australian state of Queensland. Clean Energy Finance agreed to provide AUD37.0mn (USD26.6mn) for the facility. ING Group Australia and Sumitomo Mitsui Banking also agreed to fund the project. Gransolar is the general contractor for the facility. Salesforce will purchase the output from the power plant under a virtual power purchase agreement. The overall facility is likely to generate 420GWh of clean energy per annum, with operations expected to begin in Q122, according to a press release from X-Elio.

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