I think they have got a shovel in the ground, how many I am not sure?
"Significant progress has already been made with initial engineering works and long lead items ordered."
https://s3-ap-southeast-2.amazonaws...81023/18-01-31-Quarterly-Report-and-App4C.pdf
Was it CCE's fault that commencement was delayed or was it red tape?
"Additionally, Carnegie has made significant progress on a range of associated activities including:
- Confirmation of a binding grid connection offer and signing of the Electricity Transfer Access Contract (ETAC) and Interconnection Works Contract (IWC) with Western Power, facilitating the commencement of on site connection works in December 2017
- Formal award of Reserve Capacity Accreditation (RCC) from the Australian Energy Market Operator (AEMO) confirming the eligibility for capacity credit payments
- Signing of a 25‐year land lease agreement at site with a local Northam landowner
- Secured a 12‐month construction debt finance facility for $7.5 million provided by the Perth-based private investment group Asymmetric Credit Partners
- Finalisation and approval of the Development Application by the Mid‐West / Wheatbelt Joint Development Assessment Panel (JDAP)"
https://utilitymagazine.com.au/wa-northam-solar-project-underway/
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Mkt cap ! $83.58M | |||
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