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    Neoen Reaches Financial Close On 100MW/200MWh Battery Project In Australia


    October 6, 2022 - Fitch Solutions Sector Intelligence

     

      • Infrastructure
      • Australia
      • Company Brief
      • Fitch Solutions

      Neoen Reaches Financial Close On 100MW/200MWh Battery Project In Australia

      • 6 Oct 2022
      THIS COMMENTARY IS PUBLISHED BY FITCH SOLUTIONS COUNTRY RISK & INDUSTRY RESEARCH and is NOT a comment on Fitch Ratings' Credit Ratings. Any comments or data are solely derived from Fitch Solutions Country Risk & Industry Research and independent sources. Fitch Ratings analysts do not share data or information with Fitch Solutions Country Risk & Industry Research.

      News: Neoen has reached financial close for the 100MW/200MWh Capital Battery project near Canberra in Australia. The under-construction project is being financed via equity provided by Neoen along with senior debt by the Clean Energy Finance Corporation and Infradebt. The facility, which will be delivered in collaboration with Doosan, will feature 627 Doosan lithium-ion units. The project is scheduled to start operations in H123, according to a press release from Neoen (Renewables Now).

      This report from Fitch Solutions Country Risk & Industry Research is a product of Fitch Solutions Group Ltd, UK Company registration number 08789939 ('FSG'). FSG is an affiliate of Fitch Ratings Inc. ('Fitch Ratings'). FSG is solely responsible for the content of this report, without any input from Fitch Ratings.

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