The Queensland-based Greek industrial group Mytilineos SA has announced it’s investment for the 120-MW Munna Creek solar project to be constructed in north-eastern Australia.
Renewablesnow.com shared that a statement released last Thursday revealed Mytilineos SA secured 160 million AUD towards the project from Deutsche Bank AG, in the form of senior debt financing.
The 150-MWp project will span across 40 kilometres north-west of Gympie in Queensland.
Once it is operational, the new solar plant will produce 300,000 MWh of clean electricity annually and cover the needs of about 40,000 homes.
The project’s construction work is set to commence this year, and the commissioning, in 2025.
Source: Renewablesnow.com.
