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QPM Energy ( (AU:QPM) ) has shared an announcement.
QPM Energy has executed a Connection Project Delivery Agreement with transmission operator Powerlink Queensland to facilitate the grid connection of its 112MW Isaac Power Station to the Moranbah substation. The agreement, which incorporates key commercial terms of a 30-year Generator Connection & Access Agreement including alignment of annual connection charges with feasibility assumptions and a work program targeting energisation by 30 June 2027, marks a major milestone for the project and is a critical prerequisite for finalising project finance, reinforcing QPM’s progress in bringing flexible generation and grid support capacity to the Moranbah region.
The most recent analyst rating on (AU:QPM) stock is a Hold with a A$0.04 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 (ASX:QPM) is an Australian energy company developing the 112MW Isaac Power Station to provide flexible generation capacity and network support to the electricity grid in the Moranbah region of Queensland.
Average Trading Volume: 6,279,993
Technical Sentiment Signal: Sell
Current Market Cap: A$161.7M
For detailed information about QPM stock, go to TipRanks’ Stock Analysis page.