GNX – Genex Power Ltd

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Recommendation Rating

2

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5

1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Analysts’ Price Targets

Mean 0.14

Low: 0.13

High: 0.16

Total Analysts: 2

Company Profile

Genex Power Limited is an Australia-based renewable energy and storage company. The Company is focused on developing a portfolio of renewable energy generation and storage projects in Australia. The Company’s portfolio includes pumped storage hydro, large-scale batteries, wind and solar across Queensland and New South Wales. Its flagship Kidston Clean Energy Hub is located in north Queensland, which seeks to integrate large-scale solar generation with pumped storage hydro and potentially wind energy. The Kidston Clean Energy Hub includes the operating 50 megawatts (MW) Kidston Stage 1 Solar Project and the under construction 250MW Kidston Pumped Storage Hydro Project, with potential for further multi-stage wind and solar projects. The 50MW Jemalong Solar Project (JSP) is located in New South Wales and provides geographical diversification to its portfolio. Its Bouldercombe Battery Project is a standalone large-scale battery energy storage system (BESS) in Queensland.

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