Redbank Power Station (Redbank) is a 151MW coal fired base load power station located near Singleton in the Hunter Valley, New South Wales. The Power Station utilises FICIRC boilers fuelled by beneficiated dewatered tailings (BDT) from the neighbouring Warkworth coal mine, with low-grade coal as a backup fuel.
On 5 October 2013, Redbank Energy’s wholly-owned subsidiary Redbank Project Pty Ltd (Redbank Project) was notified by its secured lenders of the appointment of receivers to Redbank Project, Redbank Construction Pty Ltd and the shares in Redbank Project held by Redbank Project Holdco Pty Ltd. Redbank Energy is continuing to seek an understanding of the impact of the receivership on the Redbank Project business, and in this regard, the Redbank Energy Directors have sought to engage with both the receivers and the secured lenders.
|Description||151MW coal fired power station|
|Location||Hunter Valley, approx 145kms north of Sydney|
|AE % ownership||100%|
|Asset Age||Commissioned in April 2001|
|Revenue||Power Purchase and Hedge Agreement with Energy Australia that expires in 2031|
|Fuel Supply||Long term Fuel Supply Agreements are in place under which Redbank is supplied with BDT as the main fuel and high ash, run-of-mine coal as backup fuel.|
|Operations & Maintenance||Undertaken by Redbank’s employees|
For general enquiries about the Redbank Power Station please contact :
Redbank Project Pty Ltd
PO Box 311, Singleton NSW 2330 Australia
Telephone: +61 2 6574 2100
Facsimile: +61 2 6574 4694