Pacific Hydro gives green light to 100MW Haughton solar farm

PRESS RELEASE

Diversified engineering and infrastructure company RCR Tomlinson Ltd (ASX: RCR), is pleased to announce that it has received a notice to proceed for an Engineering, Procurement and Construction (“EPC”) contract combined with a Operation and Maintenance (“O&M”) contract for the 100MWac (Stage 1) Haughton Solar Farm, being developed by Pacific Hydro.

As announced on 10 November 2017, RCR commenced early works on the project pending final investment decision (“FID”) by Pacific Hydro.

With FID now complete, and a notice to proceed received, RCR will commence all EPC activities on Stage 1 of the Haughton Solar Farm, which are expected to be completed in Q1 2019.

Once commissioned, RCR will provide O&M services for a period of 5 years, with an option to extend for a further 5 years.

RCR’s EPC and O&M contracts for this project are valued at approximately $175 million.

The Haughton Solar Farm, located near Townsville in Queensland, has planning approval to extend its capacity up to 500MWac.

RCR Tomlinson Managing Director & CEO, Dr Paul Dalgleish said “We are very pleased to be working with Pacific Hydro, a global renewable energy owner and developer, to deliver this significant large-scale utility solar energy project generating 100MWac of power.

“This significant project reflects RCR’s ability to bring smart engineering solutions to our clients while providing certainty of performance and delivery time in the rapidly-evolving renewable energy industry,” said Dr Dalgleish.

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