NAIF loans cash for Kidston hydro storage scheme in North Queensland

Updated July 15 2019 - 5:06pm, first published 3:19pm
Executive director major projects Nicholas James, Genex Power chairman Ralph Craven, Genex CEO James Harding, Senator Susan McDonald, Minister for Resources and Northern Australia Senator Matt Canavan.
Executive director major projects Nicholas James, Genex Power chairman Ralph Craven, Genex CEO James Harding, Senator Susan McDonald, Minister for Resources and Northern Australia Senator Matt Canavan.

The announcement of a $610 million federal government loan to build a hydro power storage scheme in the abandoned Kidston mine has been welcomed as "terrific" news for North Queensland.

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