FHE Price sensitive 1 Sep 2026, 8:15 AM

Major contracts for Stage One executed

Frontier Energy Ltd

Frontier Energy Executes Major Contracts for Stage One

Key points

  • All major contracts for Stage One executed
  • Fixed-price contracts secured for major equipment and EPC works
  • Western Power connection now unconditional

Full summary

Frontier Energy Limited (ASX: FHE) has executed all major contracts for Stage One of its Waroona Renewable Energy Project in Western Australia. The project includes a 132MW solar facility and an 81.5MW battery energy storage system (BESS). All major equipment and construction contracts are fixed price, aligning with the company's expectations. The project is fully funded with a budget of $310 million and an additional $22 million in contingency. Key suppliers include LONGi, Trina, Nextpower LLC, and SMA Australia Pty Ltd. Site works are scheduled to commence in September 2026, with the first generation expected in 2028.

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