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TPC Consolidated Limited (ASX:TPC)

ALERT: Price-sensitive ASX Announcement for TPC
Current share price for TPC : $3.500 -1.5 (-30%)+
Announcement
Release
27 Feb 2026 8:03PM
Price at Release
$5.000
Full Release
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Summary
TPC Consolidated Limited, an Australian electricity and gas retailer, announced the mutual termination of its Scheme Implementation Agreement (SIA) with Wollar Solar Holding Pty Ltd, a subsidiary of Beijing Energy International (Australia) Holding Pty Ltd. The termination, effective from 27 February 2026, was due to the non-fulfillment of conditions by the sunset dates outlined in the agreement. Both parties have released each other from their obligations under the agreement, but may consider future collaborations subject to further discussions. This decision was authorized by the TPC Board of Directors.
Key Points
  • Termination of Scheme Implementation Agreement with Wollar Solar Holding Pty Ltd.
  • Agreement terminated due to unmet conditions by sunset dates.
  • Mutual release from obligations under the agreement.
  • Potential for future collaborations subject to further discussions.
  • Announcement authorized by TPC Board of Directors.
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.