Carnegie Clean Energy Ltd (CWGYF)

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17 December, 2016
Joint venture agreement with Lendlease to deliver solar, battery & microgrid projects across Australia
• Carnegie Clean Energy’s wholly owned subsidiary Energy Made Clean (EMC) signs three-year 50/50 Joint Venture Agreement with Lendlease.
• JVA parties will deliver solar photovoltaic, battery energy storage systems and microgrids through EPC Contracts in Australia.
• JVA has the capacity to leverage EMC’s solar and battery design capability and track record with Lendlease’s national construction and maintenance capability.
• Brings significantly larger scale construction, logistics and delivery capability to Australia’s leading microgrid EPC developer EMC.
• Target Australian immediate market (in the next five years) estimated to be worth in excess of $1.6 billion and $5 billion over the next ten years.