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QPM Energy Limited (ASX:QPM)

ALERT: Price-sensitive ASX Announcement for QPM
Current share price for QPM : $0.022 -0.019 (-46.34%)+
Announcement
Release
27 Jan 2026 8:25AM
Price at Release
$0.041
Full Release
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Summary
QPM Energy Limited (ASX:QPM) has announced the execution of a Connection Project Delivery Agreement (CPDA) with Powerlink Queensland to facilitate the connection of the 112MW Isaac Power Station to the Moranbah substation. This agreement marks a significant milestone for the project, essential for securing project financing. The CPDA includes a 30-year Generator Connection & Access Agreement with annual charges aligned with QPM's feasibility study. The agreement sets a target for the power station's energisation by 30 June 2027 and contains typical termination clauses. Execution of the final agreement awaits technical standard approvals from Powerlink and AEMO.
Key Points
  • QPM has executed a Connection Project Delivery Agreement with Powerlink Queensland.
  • The CPDA facilitates the connection of the 112MW Isaac Power Station to Powerlink’s Moranbah substation.
  • The agreement is a major milestone for the Isaac Power Station project.
  • The CPDA includes Powerlink’s standard Generator Connection & Access Agreement with a 30-year term.
  • Annual connection charges are aligned with QPM’s feasibility study assumptions.
  • A work program targets an IPS Energisation Date of no later than 30 June 2027.
  • Typical termination clauses include financial breach, insolvency, and extended force majeure.
  • Final C&AA will be executed once technical standards are agreed by Powerlink and AEMO.
  • The announcement is authorized for release by the Board.
  • Statements in the announcement may involve forward-looking statements subject to risks and uncertainties.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.