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Frontier Energy Limited (ASX:FHE)

ALERT: Price-sensitive ASX Announcement for FHE
Current share price for FHE : $0.195 -0.03 (-13.33%)+
Announcement
Release
12 Mar 2026 8:23AM
Price at Release
$0.225
Full Release
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Summary
Frontier Energy Limited has provided an update on their debt financing process for the Waroona Renewable Energy Project. The company has received indicative senior debt terms from leading financial institutions with gearing levels up to 70% and a potential senior debt funding of approximately $220 million. The notional loan tenors may extend up to 25 years with interest rates consistent with infrastructure project financing. Frontier Energy is proceeding with shortlisting preferred banks for final due diligence. Additionally, mezzanine financing proposals up to $100 million have been received, which might be incorporated into the total funding package. The company is finalizing major supply contracts with tier one equipment suppliers to ensure a smooth transition to operations. The debt financing process aims to reach credit-approved terms in the next quarter.
Key Points
  • Indicative senior debt terms received for Waroona Renewable Energy Project.
  • Gearing of up to 70%, equating to senior debt funding of ~ $220 million.
  • Notional tenors up to 25 years; interest rate margins aligned with infrastructure project financing.
  • Shortlisting of preferred banks for final due diligence and credit approved terms.
  • Mezzanine financing proposals received up to $100 million.
  • Major supply contracts being finalized with tier one equipment suppliers.
  • Debt financing process expected to conclude with credit-approved terms in the next quarter.
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.