❓ Mr. Redman questions the Minister for Regional Development regarding the Albany Wave Energy Project's funding milestones, acquittals, and Carnegie Clean Energy's progress. The Minister tables the financial assistance agreement and states that no milestones have been met.
AnsweredQoN 676Legislative Assembly
QuestionView source ↗
ALBANY WAVE ENERGY
PROJECT
676. Mr D.T. REDMAN to the minister representing the
Minister for Regional Development:
I refer to the Albany wave farm
project and the state government's commitment of $15.75 million to the
project.
(1) What are the funding milestones
for the project?
(2) What funding acquittals are
authorised at each of these milestones?
(3) Who authorises evidence of
meeting set milestones?
(4) Has Carnegie Clean Energy met
any milestones to date; and, if so, which ones?
PROJECT
676. Mr D.T. REDMAN to the minister representing the
Minister for Regional Development:
I refer to the Albany wave farm
project and the state government's commitment of $15.75 million to the
project.
(1) What are the funding milestones
for the project?
(2) What funding acquittals are
authorised at each of these milestones?
(3) Who authorises evidence of
meeting set milestones?
(4) Has Carnegie Clean Energy met
any milestones to date; and, if so, which ones?
AnswerView source ↗
I thank the member for the question.
(1)–(2) The
milestones of the project and the associated acquittals are included in the
financial assistance agreement, which I now table. The member should be aware
that the financial assistance agreement was tabled in the other place in August
in response to a question from Hon Martin Aldridge, MLC.
(3) The
Department of Primary Industries and Regional Development holds the funding
agreement with Carnegie Clean Energy on behalf of the state. Decisions on the
achievement of milestones that trigger payments are made by the appropriate departmental
executive.
(4) No.
[See paper 1708.]
(1)–(2) The
milestones of the project and the associated acquittals are included in the
financial assistance agreement, which I now table. The member should be aware
that the financial assistance agreement was tabled in the other place in August
in response to a question from Hon Martin Aldridge, MLC.
(3) The
Department of Primary Industries and Regional Development holds the funding
agreement with Carnegie Clean Energy on behalf of the state. Decisions on the
achievement of milestones that trigger payments are made by the appropriate departmental
executive.
(4) No.
[See paper 1708.]
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