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Frontier Energy Limited (ASX:FHE)

ALERT: Price-sensitive ASX Announcement for FHE
Current share price for FHE : $0.200 -0.02 (-9.09%)+
Announcement
Release
27 Jan 2026 8:23AM
Price at Release
$0.220
Full Release
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Summary
Frontier Energy Limited announced that independent forecasts by Aurora have projected significant revenue increases for the Waroona Renewable Energy Project's Stage One, raising the annual revenue to $72.5 million and EBITDA to $61.4 million over the first five years. The revenue increase, supported by higher reserve capacity pricing and enhanced electricity sales, is expected to bolster the project's debt financing capabilities. The project comprises a 120 MW solar facility and an 81.5 MW battery storage, with advancements in debt financing processes and independent engineering evaluations underway.
Key Points
  • Frontier Energy Limited engaged Aurora to provide independent forecasts for revenue streams.
  • The updated forecast increased projected revenue to $72.5 million per annum and EBITDA to $61.4 million.
  • Revenue increase is driven by higher reserve capacity pricing and increased electricity sales.
  • Debt financing work is advancing with independent technical and energy experts.
  • Stage One of the Waroona Project includes 120 MW solar and 81.5 MW battery storage.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.