Frontier Energy

Developing clean energy in Western Australia’s growing Southwest region.

[Frontier Energy @FrontierASX]

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[Stockhead @StockheadAU]

.@FrontierASX $FHE has cleared another key hurdle to financial close of a $280m debt facility for Stage One of its Waroona renewable #energy project in WA, signing a federal revenue support agreement.
https://t.co/BZu3gRdeGa

[Frontier Energy @FrontierASX]

We have executed the Capacity Investment Scheme Agreement with the Australian Government in relation to Stage One of the Waroona Renewable Energy Project in Western Australia: https://t.co/VWv3yyvpxK

Our Executive Chairman Jamie Cullen commented: “This is yet another major milestone for Frontier in 2026. The execution of the CISA means there are no major conditions precedent remaining on the $280m debt facility, meaning financial close will take place shortly.

"We would again like to thank the Australian Government for this important initiative in supporting renewable energy generation and storage across the country. The support provided under the Capacity Investment Scheme was a key factor in Frontier securing its $280m debt facility.

"We now look forward to welcoming members from the Australian and WA State Governments to site on 13 November 2026 for the official Sod Turning ceremony to mark the official start of major construction at the Project.”

Watch our latest video update below which provides an overview of the Waroona Renewable Energy Project 📺

$FHE #Waroona #RenewableEnergy

[Frontier Energy @FrontierASX]

We have executed the Syndicated Facility Agreement for project finance debt facilities of up to A$280m, provided by a syndicate of international lenders led by Natixis CIB and Sumitomo Mitsui Banking Corporation. Execution of the SFA is one of the final steps towards financial close of the Debt Facilities, which is expected to occur in November.

Our Executive Chairman Jamie Cullen said: “Execution of the SFA is a major milestone for Frontier and comes as site works at Stage One are ramping up. We would like to thank Azure Capital, the Company’s debt finance advisor, as well as the syndicated lending consortium that has committed the funding for developing Stage One, a major renewable energy project for Western Australia.

"With the SFA executed and financial close on track to occur during November, construction activities at our Waroona Project are ramping up, whilst we also continue to work through future expansion opportunities.”

Read more: https://t.co/LrexEn1gKy

$FHE

[Frontier Energy @FrontierASX]

During the September quarter, mobilisation to site commenced at our Waroona Renewable Energy Project in WA, marking the transition from several years of development to the construction phase of Stage One. With Monford having mobilised to site, early works are under way.

Work carried out to date includes establishment of the construction laydown area, installation of construction facilities, tree clearing within the 330Kv under cable route, commencement of topsoil removal bulk earthworks for the solar farm’s internal road network, and construction of the operation and maintenance compound pad.

The first shipment of ~5,000 Tracker Piers has been dispatched and is scheduled to arrive in Fremantle in mid-November. Major construction works will begin later this year and will include field piling for installation of the single access tracking system, before moving on to installation of the photovoltaic modules and construction of the solar facility balance of plant, which is scheduled to commence in early 2027.

Read more about the progress on site in our September 2026 Quarterly Report: https://t.co/bD04camsBR

$FHE

[Frontier Energy @FrontierASX]

📺 @Stockhead Presenter Tylah Tully provides an overview of our latest announcement, following an increase in Reserve Capacity Credits allocated to Stage One of our Waroona Renewable Energy Project in Western Australia.

The Australian Energy Market Operator (@AEMO_Energy) has increased the project's annual RCC allocation from ~88MW to 99MW, lifting forecast annual fixed capacity payments from ~$32m to ~$36m.

The increased allocation strengthens the project's financial outlook, with average annual revenue now forecast at $76m, EBITDA of $66m and free cash flow of $38m through to September 2032, based on first generation commencing in mid-2028.

Read more: https://t.co/C8sP4oVK3y & watch below ⬇️

[Frontier Energy @FrontierASX]

The Australian Energy Market Operator (@AEMO_Energy) has increased the Reserve Capacity Credits (RCCs) allocated to Stage One of our Waroona Renewable Energy Project from ~88MW to 99MW.

The increase in RCCs lifts the annual Reserve Capacity Payment (RCP) received by Frontier to ~$36m (previously ~$32m). We have updated our average annual forecasts for Stage One for the period from first generation to 30 September 2032:

✅ Average annual Revenue ~ $76m (up from $~72m)
✅ Average annual EBITDA ~ $66m (up from ~$62m)
✅ Average annual Free Cash Flow ~ $38m (up from $35m)

Revenue received from RCCs is in addition to revenue received from energy sales.

Read the full announcement here: https://t.co/mkg9pYGJPU

$FHE

[Frontier Energy @FrontierASX]

Frontier $FHE has progressed Stage Two of its Waroona Renewable Energy Project, with Western Power deeming it ‘Ready to Progress’ under its Critical Projects Framework, advancing its pathway to grid connection.

Read more in @StockheadAU👇

https://t.co/Lqxgzb0xBF

[Frontier Energy @FrontierASX]

We have reached a key milestone in the development of Stage Two of our Waroona Renewable Energy Project in Western Australia, with Western Power deeming the project ‘Ready to Progress’ under its Critical Projects Framework.

The designation recognises Stage Two as a project of strategic importance and provides greater certainty around progressing its connection to the South West Interconnected System (SWIS).

Waroona’s Stage Two is planned to comprise a 130MW solar generation facility paired with an 80MW (~8-hour) battery energy storage system (BESS), building on infrastructure already being developed as part of Stage One, where site works commenced in September.

Our Executive Chairman Jamie Cullen said: “Being deemed Ready to Progress is a key milestone in the development process and recognises the strategic significance of Stage Two.

“With a sizeable landholding and ability to cost-effectively access the SWIS, the development of Stage Two is central to our strategy to establish the Waroona Project as a major renewable energy hub in Western Australia’s South-West region.”

Read more: https://t.co/M8ysKoJfb0

$FHE

[Frontier Energy @FrontierASX]

Our CEO Adam Kiley @Soph_Investor sat down with @CruxInvestor’s Matthew Gordon last week to discuss the latest developments at our Waroona #RenewableEnergy Project in WA, where mobilisation works recently commenced.

The current program underway will include establishment of the construction laydown area, installation of construction facilities, site preparation, clearing, earthworks and drainage works. The mobilisation program will then be followed by the commencement of major construction activities, including detailed earth works for internal access tracks in October and solar array piling commencing in December, before the first trackers and solar panels are installed in February 2027.

In the below clip, hear Adam walk through the Waroona Project's impressive economics, and the multiple revenue streams which will drive strong EBITDA.

Watch the full $FHE interview: https://t.co/1b7E59sT88

[Frontier Energy @FrontierASX]

Following mobilisation works commencing at our Waroona Renewable Energy Project in Western Australia, Frontier CEO Adam Kiley @Soph_Investor caught up with @CruxInvestor's @MoshiGordon to provide an update on the company's recent progress and momentum.

📺 Watch the interview here: https://t.co/1b7E59sT88

"Frontier Energy $FHE has crossed the threshold that separates most renewable energy developers from the small number that actually get built: it is fully funded, fully contracted, and now has boots on the ground," the Crux team wrote – read more: https://t.co/f1rai9kG4o

[Frontier Energy @FrontierASX]

Renewables and batteries are ready to plug into Australia’s dream of green data centres, writes journalist Bevis Yeo in the @Australian.

Our CEO Adam Kiley @Soph_Investor is interviewed in the article below, discussing future energy requirements for data centres, legislation expected to be introduced in 2027 requiring data centres to support or underwrite their own energy requirements – a potential major catalyst for new renewable energy investment – and Frontier $FHE being well-placed to benefit.

“Large data centres operate around the clock and need secure, long-term power supply, making them ideal counterparties for renewable energy and battery storage projects. Long-term contracts from data centre operators can improve project bankability, support debt financing and accelerate the development of new solar, wind and battery assets," he said.

“If new data centre demand is matched with additional renewable capacity, overall emissions growth can be limited and, in some cases, existing fossil fuel generation can be displaced."

“Going forward, successful data centre developments are likely to be closely integrated with renewable generation and energy storage projects, making collaboration between data centre operators and companies such as Frontier essential to the development of both industries."

📰 Read the full story: https://t.co/J3nqPm2FDn

[Frontier Energy @FrontierASX]

We're pleased to share the below letter to shareholders from Frontier $FHE Executive Chairman Jamie Cullen, which provides an update on our exciting Waroona Renewable Energy Project Stage One, the pathways opening up beyond Stage One to build shareholder value, and his personal view of the road ahead.

Read the letter here: https://t.co/qh0ytvVOEv

[Frontier Energy @FrontierASX]

Frontier $FHE and Monford Group have mobilised to site, commencing two years of development at the Waroona Renewable Energy Project. Read more in @StockheadAU below 👇

[Stockhead @StockheadAU]

.@FrontierASX is transitioning its Waroona renewable #energy project in WA into the construction phase, with the company and EPC contractor Monford Group mobilising to site.
#ASX $FHE
https://t.co/pw01QhdN6R

[Frontier Energy @FrontierASX]

Frontier and Monford Group, the EPC contractor for Stage One, have mobilised to site, commencing two years of development at the Waroona Renewable Energy Project.

The mobilisation program includes establishment of the construction laydown area, installation of construction facilities, site preparation, clearing, earthworks and drainage works.

The mobilisation program will be followed by the commencement of major construction activities, including detailed earth works for internal access tracks in October and solar array piling commencing in December, before the first trackers and solar panels are installed in February 2027.

The Company has also finalised its Owner’s Team, which is highly experienced in the delivery of renewable energy projects across both WA and Australia.

$FHE Executive Chairman Jamie Cullen said: “We look forward to providing regular updates through the construction phase as we progress towards delivering one of Western Australia’s most significant new renewable energy generation and battery storage projects.”

Read more: https://t.co/L3IKacp9m9

[Frontier Energy @FrontierASX]

@StockheadAU's @tylahtully sits down with our CEO Adam Kiley to discuss the execution of all major contracts for our Waroona Renewable Energy Project, a key milestone ahead of construction.

Adam also explains how fixed-price agreements and existing contingencies support cost certainty, provides an update on project financing, and shares his view on rising data centre demand and what it could mean for Frontier's future expansion plans.

🔗 Watch the full interview: https://t.co/CMb7t6Je63

$FHE #ASX #RenewableEnergy #Solar #BESS #Energy #MiningNews

[Frontier Energy @FrontierASX]

Our latest investor presentation: Funded to Build, Positioned for Growth — Powering WA's Next Wave of Energy Demand, provides an update on our Waroona Renewable Energy Project in WA.

View it here: https://t.co/pqSIVbxu4J

#ASX $FHE #RenewableEnergy #Solar #BESS #WesternAustralia

[Stockhead @StockheadAU]

$FHE @FrontierASX is poised to become Western Australia’s largest hybrid solar and energy storage producer with all major contracts locked in at a fixed price for the Waroona project.

Read here: https://t.co/3VeU7ylKNU

[Frontier Energy @FrontierASX]

We have executed all major contracts for Stage One of our Waroona Renewable Energy Project — 132MW solar + 81.5MW/6.9hr BESS.

Waroona is fully funded, with contracts locked in, and site works are set to begin this month.

https://t.co/gfn0laFd4F

$FHE

[Frontier Energy @FrontierASX]

Our investor webinar shared latest updates on our Waroona Renewable Energy Project in WA, including how data centre growth is shaping energy demand.

Our CEO @Soph_Investor and Executive Chair Jamie Cullen walked through project updates.

Full replay: https://t.co/fpxYEjAPLZ

$FHE