Genex Power Ltd (ASX:GNX) Annual Report to Shareholders

(MENAFN- ABN Newswire) Sydney, Sep 29, 2017 AEST (ABN Newswire) - The principal activities of Genex Power Ltd () during the course of the year consisted of the development of the Kidston Energy Hub located in far north Queensland comprising:

1. the Stage 1 50MW Kidston Solar Project (KS1); and

2. the Stage 2 250MW pumped storage hydroelectric project (PSHP) and the 270MW solar project (KS2).

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About Genex Power Ltd

() is a power generation development company listed on the ASX. The Company is focused on innovative clean energy generation and electricity storage solutions which deliver attractive commercial returns for shareholders. Following Financial Close of the first phase 50MW Kidston Solar Project (KSP1), the Company's focus is now on the development of its Stage 2 Projects comprising a 250MW Pumped Storage Hydro Project (PSHP) and the integrated 270MW Kidston Solar Project (KSP2) located at Genex's Kidston Renewable Energy-Hub in Northern Queensland.

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