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GFG New Financing And Sale Of Some Projects

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GFG Alliance announced last week they had found new financial backing for their operations, including Whyalla’s Steelworks, but are looking to sell off other local projects.

The company has confirmed they’re exploring potential sale or partnership options for the Cultana Solar Farm near Whyalla, and the Playford Battery projects near Port Augusta.

While they are hoping to sell off these projects, which are yet to begin construction, they aim to shore-up a deal which would see the Steelworks benefit from the renewable energy produced.

GFG Alliance has committed to making “green steel” which requires renewable energy to produce.

The winding up application from Credit Suisse for Whyalla Steelworks and the Tahmoor coal…



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