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How High Peak’s Torrens Sale Unlocks New Geothermal Royalties and Equity Stakes
3:11pm on Wednesday 24th of December, 2025 AEDT
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Energy
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How High Peak’s Torrens Sale Unlocks New Geothermal Royalties and Equity Stakes
3:11pm on Wednesday 24th of December, 2025 AEDT
Key Points
Sale of Torrens Energy to Northstar Energy completed with regulatory approval
High Peak receives 12.5 million Northstar shares plus 1% gross royalty on geothermal output
South Australian Department for Energy and Mining approves work programme variation
Feasibility studies underway for 2 MW pilot geothermal power project in South Australia
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