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Aug 28 (Reuters) - Infigen Energy Ltd IFN.AX :
* TO LEASE 120MW OF OPEN CYCLE GAS TURBINE EQUIPMENT FROM SOUTH AUSTRALIAN GOVERNMENT FOR 25 YEARS, COMMENCING MAY 2020
* CAPEX FOR RELOCATION, INCLUDING, CIVIL WORKS, GAS CONNECTION, ELECTRICITY CONNECTION AND EQUIPMENT INSTALLATION BUDGETED AT $55M
* 25 YEAR LEASE EXPECTED TO BEGIN MAY 2020 WITH ANNUAL LEASE PAYMENTS OF $5.02M, ESCALATING WITH INFLATION
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