Frontier Energy Executes Contracts for First Stage of Western Australia Renewable Energy Project
MT Newswires Live
3 hours ago
Frontier Energy (ASX:FHE) executed all major contracts for the first stage of its Waroona renewable energy project in Western Australia, comprising a 132-megawatt solar facility paired with an 81.5-megawatt battery energy storage system, according to a Tuesday Australian bourse filing.
Major equipment and construction contracts were fixed price and in line with its expectations. The fixed-price contracts form the majority of the AU$310 million project budget.
Engineering, procurement, and construction contracts were executed with Monford Group for the construction and commissioning of the solar-battery energy storage system facility, as well as with Global Power Services for the substation works.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.