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QPM Energy ( (AU:QPM) ) has shared an announcement.
QPM Energy Limited has commenced funding under a A$113.7 million Master Lease Agreement with Macquarie Bank, which includes a currency hedge to minimize exchange rate risks. The company has issued a Full Notice to Proceed with GE Vernova for the delivery of major equipment packages, scheduled for delivery to Australia in the first quarter of 2026, marking a significant step in its operational progress.
The most recent analyst rating on (AU:QPM) stock is a Buy with a A$0.13 price target. To see the full list of analyst forecasts on QPM Energy stock, see the AU:QPM Stock Forecast page.
More about QPM Energy
QPM Energy Limited operates in the energy sector, focusing on providing energy solutions and services. The company is listed on the Australian Securities Exchange (ASX) and is involved in projects that require significant equipment and financial agreements.
Average Trading Volume: 6,824,928
Technical Sentiment Signal: Hold
Current Market Cap: A$126.7M
Learn more about QPM stock on TipRanks’ Stock Analysis page.