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Locality Planning Energy Holdings Limited (ASX:LPE)

ALERT: Price-sensitive ASX Announcement for LPE
Current share price for LPE : $0.110 0.02 (22.22%)+
Announcement
Release
13 Aug 2026 9:05AM
Price at Release
$0.090
Full Release
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Summary
Locality Planning Energy Holdings Limited has acquired PowerHub Pty Ltd, expanding its operations with 76 new sites and 4,642 service points, enhancing its reach into Tasmania and South Australia. This acquisition, valued at up to $5.803 million, supports LPE's growth strategy by integrating new developer relationships and a contracted pipeline. The initial payment is $2.8 million, with further payments contingent on service point activation over five years. The acquisition was finalized on August 13, 2026, with an integration plan to ensure seamless transition and continuity.
Key Points
  • Locality Planning Energy Holdings Ltd. (ASX: LPE) has acquired 100% of PowerHub Pty Ltd.
  • The acquisition includes 76 sites and 4,642 service points, with 30 active sites and a pipeline of 46 sites.
  • The acquisition expands LPE's footprint into Tasmania and South Australia.
  • The purchase price is up to $5.803 million, with $2.8 million payable at completion.
  • Further payments are contingent on the activation of service points within five years.
  • The transaction is expected to enhance LPE's growth strategy by adding developer relationships and a contracted growth pipeline.
  • Settlement of the transaction occurred on 13 August 2026.
  • An integration plan is in place to ensure a smooth transition with PowerHub.
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.