Acquasol Infrastructure Ltd plans to list on the Australian Stock Exchange. If you would like to receive a copy of the prospectus by email when it is released, please let us know at invest@acquasol.com.au.
Below is a summary of what's inside:
Acquasol Infrastructure Ltd. plans to develop, build and operate "Acquasol 1," a combined cycle and solar-powered electricity generation and desalination facility to serve the Upper Spencer Gulf of South Australia.
Acquasol believes the plant location south of Port Augusta is ideal.
The site has :
• 300 days per year of powerful direct normal solar radiation.
• 50,000 square hectares of available land.
• Access to sea water
• Access to power lines.
• Level terrain.
• Existing infrastructure (i.e. roads, telephone service).
To date, Acquasol has:
• Assessed the project’s viability.
• Analysed the technologies.
• Detailed costs, expenditures and financing.
• Determined environmental impacts.
• Assessed regional, state and federal support.
• Held public consultations.
• Estimated pre-project development costs.
• Estimated design, construction and operating costs.
• Estimated permit and approval costs.
• Estimated financial close costs.
Acquasol Infrastructure Ltd also has negotiated a 15-year power purchase contract with Origin Energy Limited.
This includes:
• Origin buying 100MW of electricity from “Acquasol 1” for 15 years.
• Origin buying all environmental certificates generated by “Acquasol 1.”
• Origin selling Acquasol gas at fixed terms for 15-years.
Acquasol has assembled a consortium of companies and equipment suppliers to build and operate “Acquasol 1.”
They are:
• Origin Energy, Power and Environmental Certificate (EC) purchasers and gas suppliers.
• NextGen, Independent Power and EC Traders.
• HATCH and Associates, design and construction engineers and project managers.
• Sumitomo Corp., suppliers of Kawasaki Heavy Engineering turbines and Sasakura desalination
technology.
• Fichtner AG, specialist engineers and project managers of solar and water projects.
• Solar Millennium AG, specialist engineers and project managers of solar projects, suppliers of solar
thermal power and storage technology.
• Cheetham Salt Ltd., Australia’s largest domestic salt prod
