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APA GROUP — Capital/Financing Update 2016
Sep 7, 2016
64398_rns_2016-09-07_249fc200-406a-4dc6-98ec-f94c7047c3c0.pdf
Capital/Financing Update
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Australian Pipeline Ltd ACN 091 344 704 | Australian Pipeline Trust ARSN 091 678 778 | APT Investment Trust ARSN 115 585 441 Level 19, 580 George Street Sydney NSW 2000 | PO Box R41 Royal Exchange NSW 1225 Phone +61 2 9693 0000 | Fax +61 2 9693 0093 APA Group | apa.com.au
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8 September 2016
ASX ANNOUNCEMENT
APA Group (ASX: APA)
(also for release to APT Pipelines Limited (ASX: AQH))
ARENA FUNDING FOR THE EMU DOWNS SOLAR PROJECT
Australia’s largest natural gas infrastructure business, APA Group (ASX:APA), notes the announcement by the Australian Renewable Energy Agency (“ARENA”) that it has selected a 20MW Emu Downs Solar Project (the “Project”) as part of its Large Scale Solar funding program.
The ARENA funding of $5.5 million is subject to APA finalising commercial agreements for this Project which will be located adjacent to, and share infrastructure with, APA’s existing Emu Downs Wind Farm.
APA’s project is one of 12 selected by ARENA for funding totalling $91.7 million by way of a competitive process and is the only West Australian project selected.
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Nevenka Codevelle
Company Secretary Australian Pipeline Limited
For further information please contact:
Investor enquiries: Media enquiries: Yoko Kosugi Louise Watson Telephone: +61 2 9693 0049 Telephone: +61 2 8079 2970 Mob: +61 438 010 332 Mob: +61 419 185 674 Email: [email protected] Email: [email protected]
About APA Group (APA)
APA is Australia’s largest natural gas infrastructure business, owning and/or operating around $20 billion of energy infrastructure assets. Its gas transmission pipelines span every state and territory on mainland Australia, delivering approximately half of the nation’s gas usage. APA has direct management and operational control over its assets and the majority of its investments. APA also holds ownership interests in a number of energy infrastructure enterprises including SEA Gas Pipeline, SEA Gas (Mortlake) Partnership, Energy Infrastructure Investments, GDI Allgas Gas Networks and Diamantina and Leichhardt Power Stations.
APT Pipelines Limited is a wholly owned subsidiary of Australian Pipeline Trust and is the borrowing entity of APA Group.
For more information visit APA’s website, apa.com.au
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