Investa signs land deal with TRUenergy for major power station at Ipswich Industrial precinct

26.10.2011 in Land 

Swanbank-TRUenergy2

Investa Property Group (“Investa”) today announced a deal with leading Australian energy group TRUenergy to develop a major new power station on a 25 hectare site at Swanbank Enterprise Park (“Swanbank”) in Ipswich.

TRUenergy’s initial investment in the Blackstone gas-fired power station at the Swanbank site will be around $400 million and when fully developed the power station would represent an investment of up to $1.8 billion. TRUenergy estimates around 1000 jobs will be created during construction of the Blackstone Power Station. Download Announcement

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