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Milestone reached to unlock Snowy 2.0 power

Angela Macdonald-Smith
Angela Macdonald-SmithSenior resources writer
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Construction is set to start next year on the $4.9 billion poles and wires project that will hook up Snowy Hydro 2.0 to the electricity grid after the federal government’s green bank struck a financing deal.

The Clean Energy Finance Corporation committed $1.9 billion – its single biggest investment – to the HumeLink transmission project and the NSW part of a connector cable that will connect the state to Victoria.

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Angela Macdonald-Smith writes on the resources industry with a focus on energy, including gas, oil, electricity and renewables. Connect with Angela on Twitter. Email Angela at amacdonald-smith@afr.com
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    Original URL: https://www.afr.com/companies/energy/milestone-reached-to-unlock-snowy-2-0-power-20241219-p5kzsj