- Published: Wednesday, 16 December 2020 08:35
- Hits: 925
The Clean Energy Finance Corporation (CEFC) is investing $125million1 into the development of the Snowy 2.0 pumped hydro project.
The investment by the CEFC into critical infrastructure will connect Snowy 2.0 to the National Energy Market (NEM), making it the largest generator connecting to the NSW grid for more than thirty years. In partnership agreement with TransGrid Services, the project will potentially link existing and new infrastructure and deliver clean and cost-effective electricity to its customers.