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QPM Energy Secures $113.7M Lease to Power Up Isaac Station

8:26am on Wednesday 29th of October, 2025 AEDT Energy
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QPM Energy Secures $113.7M Lease to Power Up Isaac Station

8:26am on Wednesday 29th of October, 2025 AEDT
Key Points
  • Full Notice to Proceed issued for 2 GE Vernova LM6000 gas turbines
  • $113.7 million Master Lease Agreement signed with Macquarie Bank
  • Townsville Power Station returns with improved efficiency post-overhaul
  • Gas supply ramp-up and field development targeting 37TJ/day ahead of IPS
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