Equity Raising Presentation
| Stock | Queensland Pacific Metals Ltd (QPM.ASX) |
|---|---|
| Release Time | 30 Jun 2025, 9:26 a.m. |
| Price Sensitive | Yes |
QPM Launches 112MW Isaac Power Station
- Integrated energy utility with 435PJ of 2P gas reserves
- Developing 112MW Isaac Power Station as part of Isaac Energy Hub
- Feasibility study shows attractive economics with $71m annual revenue and $49m EBITDA
QPM Energy Ltd is a uniquely positioned, integrated energy utility that operates across the full value chain from gas production to electricity dispatch. The company's 100%-owned Moranbah Gas Project (MGP) has 435PJ of 2P reserves, supporting potential 70+ years of energy generation. QPM is launching the Isaac Energy Hub, which will include the 112MW Isaac Power Station (IPS) as the first stage. The feasibility study for the IPS confirms attractive economics, with forecast average annual revenue of $71m and EBITDA of $49m over an initial 30+ year modelled life. The company has secured fixed-price contracts for the key generation units, providing significant cost certainty. The IPS will be one of the lowest-cost gas-fired power stations dispatched into the National Electricity Market, with a short-run marginal cost of $59/MWh. QPM is targeting 500MW of electricity generation capacity, with the IPS being the next growth phase. The company's earnings are driven by electricity generation and sales, underpinned by its long-term, cost-effective gas supply and reserves.
The feasibility study for the 112MW Isaac Power Station shows forecast average annual revenue of $71m and EBITDA of $49m over an initial 30+ year modelled life.
QPM is targeting 500MW of electricity generation capacity, with the Isaac Power Station being the next growth phase. The company is also exploring opportunities to increase gas supply to enable greater electricity generation, use of mine waste gas, and increasing generation capacity at the Isaac Energy Hub.