Locality Planning Energy Holdings Limited announce progress on the development of the BioHub facility in Bundaberg, Queensland, and the operations of its anchor tenant, behind-the-meter crypto-currency mining tenant, STAK Mining Pty Ltd. are gaining momentum. Construction work on the BioHub facility is now underway with the primary emphasis on fully developing STAK's tenancy requirements. Once complete, work will shift to tenancy 2
and 4, which will respectively comprise producing organic waste gas and an incineration capability to generate renewable electricity behind-the-meter. STAK has secured agreement in principle with two 120MW solar farms ­ located between Gympie and Bundaberg (Queensland) ­ to energise all its electricity requirements for additional behind-the-meter crypto-currency mining operations. The Bundaberg site has development approval for a 120MW solar farm, with batteries and grid connection signed-off through local network provider, Ergon.