Todays announcement states "Carnegie Clean Energy Limited (ASX:...

Todays announcement states "Carnegie Clean Energy Limited (ASX: CCE) is pleased to advise that after a competitive process, the
Western Australian Department of Jobs, Tourism, Science and Innovation (JTSI), in collaboration with
LandCorp, has awarded it in-principle approval to negotiate a lease for 250ha within the Buffer Zone
of the Mungari Strategic Industrial Area, to build, own and operate a solar farm."

Downside is capital requirement to build it. Long term upside is continuous revenue from power sales (and hopefully other add ons like grid stability and peaking payments).

I guess once Northam is up and running, CCE should have a much more solid track record in BOO projects. Funding is likely to be much easier and cheaper to negotiate then.