Symal Says Queensland Wind Farm Development Receives Notice to Proceed

MT Newswires Live
Yesterday

Symal Group (ASX:SYL) said the Gawara Baya wind farm development in Queensland satisfied all outstanding conditions precedent and received a notice to proceed with works beginning immediately, according to a Tuesday Australian bourse filing.

The head contract to Symal is now valued at AU$366 million, up from the initial contract value of AU$347 million, to account for final refinements to the scope of works.

The associated works are expected to take around 24 months to complete.

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