Home » GVK, Aurizon tie-up

GVK, Aurizon tie-up

Aviation & Airports
December 1, 2013December 1, 2013
GVK, Aurizon tie-up
Shares

To develop a rail line and a new coal terminal jointly in Australia, GVK Coal Infrastructure (Singapore) Pte Ltd (GVK Hancock) and Aurizon Holdings of Australia have reached an agreement. The two projects are to come up at the Abbot Point Port to unlock the Galilee Basin´s coal resources in Australia. The tie-up is intended to provide sufficient equity and debt funding, including through third party debt finance, for the projects to reach financial closure.

Leave a Reply