Project Timeline

Development Approval obtained from Western Downs Regional Council

Grid connection agreement with Powerlink

Hana Financial Investment engage with Luminous Energy to acquire 100% of the Project

Hana Financial Investment mandate awarded

Project Finance syndication launched

Foreign Investment Review Board (FIRB) approved

Hana Financial Investment complete acquisition of the Project

Share Purchase Agreement signed

Power Purchase Agreement signed with CS Energy

Sterling & Wilson engaged as EPC and O&M Contractor

Financial Close is reached and Notice to Proceed issued to Sterling & Wilson

First generation sent to the grid (target)

Commercial Operation Date (target)