Salini Impregilo will build the biggest hydroelectric power station in Australia after winning a contract valued at AU$5.1 billion (€3.228 billion) for the civil works and electromechanical component of the Snowy 2.0 project.
Salini Impregilo signed in its capacity as leader of the Future Generation joint-venture with a combined 65% stake - equal to AU$3.315 billion (€2.098 billion) - along with its U.S. subsidiary, Lane (10%). Australia’s Clough is the other member of the JV with a 35% stake.
Snowy 2.0 will be an expansion of a network of hydro power stations in the Snowy Mountains Hydro-electric Scheme operated by Snowy Hydro Ltd, helping underpin Australia’s renewable energy future.
The Snowy 2.0 project will contribute making Australia more sustainable as Marco Assorati, Executive Regional Director for Australia and the Pacific told us.
