JiangSu Jin Tong Ling Fluid Machinery Technology and North Queensland Bio Energy to Invest USD293.2 Million in Biomass Power Plant in Queensland, Australia

Published: Jul 14 2017
Deal Summary

JiangSu Jin Tong Ling Fluid Machinery Technology Company Limited, a company engaged in developing, manufacturing, and selling of fluid machinery and compressors, and North Queensland Bio Energy Corporation Limited, a company engaged in developing ethanol and power generation facilities, have agreed to invest AUD380 million (USD293.25 million) in the construction and development of a biomass power plant situated in Ingham, Queensland, Australia. The total installed capacity of the power plant will be 150 MW. The investment per MW will be USD1.95 million.

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