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QPM Advances Isaac Power Station with $114m Turbine Deal and Strong Financing

9:29am on Friday 30th of January, 2026 AEDT Energy
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QPM Advances Isaac Power Station with $114m Turbine Deal and Strong Financing

9:29am on Friday 30th of January, 2026 AEDT
Key Points
  • Full Notice to Proceed issued to GE Vernova for gas turbines
  • $113.7m Master Lease Agreement with Macquarie Bank executed
  • Progress on $40m convertible note facility with strategic investor
  • Stable gas production offset by reduced third-party supply
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