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UGL secures $110m contract from Genex

AAP logoAAP 22/12/2016

Engineering group UGL has signed signed an agreement worth $110 million with clean energy firm Genex Power to build and operate a solar project.

Once commissioned, UGL will undertake operations and maintenance of the 50 megawatt solar farm at Kidston in North Queensland for five years, with a further five year extension option.

Genex had said earlier this month it had secured a $110 million debt facility for the construction of the project.

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