Company News Summary | 01 Dec 2014

Click the print icon in your browser to print this report. Currency is in AUD unless otherwise specified

RCR Tomlinson Establishes Moray Power to Develop Power Station in Galilee Basin

10:11:00 | Associate analysts

Original annuncemenet:RCR to Establish Moray Power for Major Power Project

RCR Tomlinson announced that it has established Moray Power, a wholly owned subsidiary of the Company, to develop a power station in the Galilee Basin in Qld. Adani Mining would be a foundation customer for the power station to provide 150MWe of electricity to their Carmichael Mine development. Under a Memorandum of Understanding with Adani Mining, the Company has commenced the Early Contractor Involvement (ECI) process for the provision of this power working with Adani Mining in a collaborative open book approach. The ECI is expected to be completed by the end of the first quarter of 2015. On successful completion of the ECI work, regulatory approvals and agreement on terms, Moray Power and Adani Mining would enter into a Build, Own, Operate and Transfer agreement for the power station.

This report appeared on www.morningstar.com.au 2021 Morningstar Australasia Pty Limited

© Copyright 2021 Morningstar Australasia Pty Ltd ABN: 95 090 665 544 ("Morningstar"), AFSL no 240892. (a subsidiary of Morningstar, Inc.). This information is to be used for personal, non-commercial purposes only. No reproduction is permitted without the prior written content of Morningstar. Some of the material provided is published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO").

DISCLAIMER: To the extent that any of the content above constitutes advice, it is general advice that has been prepared without reference to your objectives, financial situation or needs. Before acting on any advice, you should consider the appropriateness of the advice and we recommend you obtain appropriate financial, legal and taxation advice before making any financial investment decision. If applicable, investors should obtain the relevant product disclosure statement and consider it before making any decision to invest. Please refer to our Financial Services Guide (FSG) for more information at www.morningstar.com.au/About/ FSG or phone Morningstar on 1800 03 44 55 to request a copy. The data and content contained herein are not guaranteed to be accurate, complete or timely. Neither Morningstar, nor its affiliates nor their content providers will have any liability for any use or distribution of any of this information

DISCLOSURE: Employees may have an interest in the securities discussed in this report.