• QPM has executed a Connection Project Delivery Agreement with Powerlink Queensland
• The agreement facilitates connection of the 112MW Isaac Power Station to Powerlink's Moranbah substation
• Execution of the CPDA is a major milestone for the Isaac Power Station project

Queensland Pacific Metals Ltd (QPM) has executed a Connection Project Delivery Agreement (CPDA) with Powerlink Queensland to facilitate connection of the 112MW Isaac Power Station (IPS) to Powerlink's Moranbah substation. The execution of the CPDA is a major project milestone for the IPS and is a critical requirement for completion of the IPS project finance facility. Under the CPDA, Powerlink will undertake construction works in the Moranbah substation required for the IPS grid connection prior to an Offer to Connect under Chapter 5 of the National Electricity Rules being issued. The CPDA also includes Powerlink's standard Generator Connection & Access Agreement with key commercial terms agreed, including a 30-year term, annual connection charges in line with QPM's feasibility study assumptions, and a work program targeting an IPS Energisation Date of no later than 30 June 2027. The final Connection & Access Agreement will be executed once technical performance standards have been agreed by both Powerlink and AEMO, and Powerlink has issued an Offer to Connect.