Chinese back energy projects in SA

Leigh Creek Energy has developed a deal with China Communications Construction Company Ltd (CCCC) to invest in large-scale infrastructure projects beyond in-situ gasification in South Australia.

CCCC committed to providing Leigh Creek with a draft heads of agreement (HoA) allowing the companies to cooperatively develop projects such as ports and railway.

Leigh Creek executive chairman Justyn Peters said having CCCC on board was not only good news for Leigh Creek, but a huge opportunity for South Australia.

The two parties will also sign a project cooperation agreement to establish the best model to go forward on the Leigh Creek Energy Project, with specific details to be included in a special vehicle project agreement.

CCCC is the world’s largest port design and construction company, independently designing and constructing seven of the world’s 10 largest ports.