News & Events
News & Events
Updates - February 2021
PROGRESS TO DATE:
We’ve now banked over 85% of our target in a trust account in Bank Australia.
We’ve registered over 200 members and issued share certificates to our investors.
We’ve taken delivery of a comprehensive connection study from Essential Energy outlining our next steps, all within budget.
We’ve met our milestones with the NSW Goverment department responsible for the grant.
We’ve drawn up the tender documents for construction and will issue them in the next few weeks
THE NEXT STEPS:
We have to finalise the collection of pledges – some people have been a bit slow over the Christmas break to send in their investment.
Development partner Komo Energy will be vetting the tenderers to find the best construction company. We have to make a modified DA to account for the battery component once the construction company has been appointed.
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October 2020: First tranche of grant money received!
Great news: The first instalment of the grant from the NSW government has been transferred to our account so we can now proceed to repaying some of our committee members for the temporary loans they made to get the project moving!
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