Marinus Link Finance Complete with Record CEFC Investment

Marinus Link powers ahead after record investment - Utility Magazine

Left to right: Marinus Link Chair, Sandra Gamble; Marinus Link CEO, Stephanie McGregor; Federal Minister for Climate Change and Energy, Chris Bowen; CEFC CEO, Ian Learmonth; and CEFC CIO, Paul McCartney. Image: CEFC Marinus Link Pty Ltd has achieved financial close and issued notices to proceed on its cable and converter contracts following a $3.8 billion investment from the Clean Energy Finance Corporation (CEFC).   The CEFC investment is the b…

Marinus Link finance complete with record CEFC investment

Marinus Link has achieved financial close and issued notices to proceed on its cable and converter contracts following a record investment by the Clean Energy Finance Corporation (CEFC). The investment completes the financing requirements for Marinus Link Stage 1, which received equity commitments from the Commonwealth, Tasmania and Victoria in August. The confirmation of project financing has enabled the issuance of notices to proceed for Marin…