From the NAIF website. And is great news for our tenements at Tennant Creek, infrastructure being upgraded including power.
The first of the new decisions, and the largest loan approved by the NAIF Board to date, is for up to $150 million to Northern Territory Airports (NTA). That loan was conditionally approved by NAIF in September 2018. It will fund infrastructure projects as part of the $300 million infrastructure expansion package across airport sites in Darwin, Tennant Creek and Alice Springs including:the construction of a freight and cold storage and an export hub at Darwin International Airport;solar energy farms at Darwin, Tennant Creek and Alice Springs along with an off-site multi-user battery; andthe resurfacing of Alice Springs airport’s runway, taxiways and apron and installation of new runway lighting.
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