NAIF lends support to NT’s first privately owned solar and gas projects
3rd September 2020Infrastructure
The Federal Government’s Northern Australia Infrastructure Facility is backing Melbourne-based investment firm Merricks Capital to the tune of $37 million for the construction of a 10 MW solar farm and a 12 MW gas power plant south of Darwin. The twin projects are set to be the first privately owned and operated energy projects in the Territory.
Melbourne-based investment firm Merricks Capital has won $37 million in funding from the Northern Australia Infrastructure Facility (NAIF) to build a 10 MW solar farm and a 12 MW gas power plant in Batchelor, 100km south of Darwin.
Written by: Blake Matich