Tempo Australia wins $15m Victorian solar project with Enel Group
Peter WilliamsThe West Australian
Wednesday, 12 September 2018 8:14AM
Tempo Australia will build a solar farm in Victoria.
Tempo Australia has won a $15 million contract to build a solar farm in Victoria.
The WA contracting company said client Enel Group had been awarded a power purchase agreement for the 34 megawatt Cohuna solar farm under the State’s renewable energy auction scheme.
Tempo and the renewables arm of Enel, a global energy company, were finalising contractual arrangements.
The 12-month construction project is expected to begin in the first half of next year.
“Tempo has established a strong working relationship with Enel and has continuously engaged in constructive manner throughout the process in the interim,” managing Director Ian Lynass said .
Chairman Carmelo Bontempo said: “As we continue to implement our strategy it is satisfying that relationships that have been developed by our new leadership team are delivering value to Tempo.”
Mr Lynass took the helm at Tempo in March.
Its shares closed up 1.5¢, or 9 per cent, to 18.5¢.