INVESTMENTS

Townsville Power Station

 

The Queensland Transmission and Supply Corporation selected Transfield from a field of 30 bidders to provide the 160 megawatt Townsville Power Station in Queensland’s north. 

Transfield signed a 15-year Power Purchase Agreement with Queensland Transmission and Supply Corporation.

Negotiations for the site, construction, fuel supply, connection to the grid, project financing, and environmental approvals were all completed in less than four months and the $76.5 million project was completed in January 1999.

Transfield Services Infrastructure Fund is now sole owner.