desalinated seawater: As we have reported on RE, Sundrop was behind the world-leading, concentrated solar power CSP tower plant that supplies electricity, heat and desalinated seawater to grow tomatoes in the desert of Port Augusta, South Australia. adsbygoogle window.adsbygoogle .push ;The venture was back in its early days by the federal government's Clean Energy Finance Corporation, and then in 2014 in the midst of a renewable energy investment drought in Australia secured a 100 million equity investment from Kohlberg Kravis Roberts KKR . The Port Augusta concentrated solar power tower system, developed by Danish renewables outfit Aalborg, combined a a 51,500m solar field consisting of more than 23,000 mirror heliostats and a 127 metre solar tower, according to Australian Broadcasting Corporation. The 2016 completion of the 200 million project marked the world's first commercial-scale facility of its kind using sunlight and seawater to grow 17,000 tonnes of truss tomatoes a year, to be sold through Coles supermarkets via a 10-year offtake agreement. Reports on Wednesday said Sundrop had been acquired by Morrison & Co for an undisclosed amount, after a year-long negotiation process. At its peak the facility produces 39MW of thermal energy for use as electricity, heating and producing desalinated water. The Morrison & Co Growth Infrastructure Fund which received a cornerstone investment of 150 million from the CEFC was established to buy and manage a range of assets where there is potential for significant improvements in their energy efficiency profile. The sale of the business which includes pilot plants in Tennessee and Portugal to Morrison & Co is believed to mark that company's first acquisition for its specialist 1 billion green' infrastructure fund.
(news.financializer.com). As
reported in the news.
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