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The Guardian - AU
The Guardian - AU
National
Peter Hannam

Snowy Hydro promises Clough Group’s collapse won’t disrupt multibillion-dollar project

Webuild and Clough were working together to help build the giant Snowy 2.0 project that involves 27km tunnels to develop 2,000 megawatts of storage capacity
Webuild and Clough were working together to help build the giant Snowy 2.0 project that involves 27km tunnels to develop 2,000 megawatts of storage capacity. Photograph: Lukas Coch/AAP

Snowy Hydro has told the federal government the collapse of a major construction firm won’t disrupt progress on its multibillion-dollar pumped hydro project.

Clough Group placed itself into voluntary administration on Monday after a takeover plan for the century-old Perth based company by Italy’s Webuild fell through. The failure potentially affects at least six other big projects from a power plant to a navy base.

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