Pacific Energy Limited

Equities

PEA

AU000000PEA3

End-of-day quote Australian S.E. Other stock markets 05:11:13 18/11/2019 GMT			5-day change	1st Jan Change
1.07 ^AUD	+0.47%		-.--%	+84.48%

04-02	Pacific Energy Limited completed the acquisition of Canberra Hydrogen Refuelling Facility from AGL ACT Retail Investments Pty Limited.	CI
2022	Sheffield Resources Limited Announces Execution of Power Generation Agreement	CI

Pacific Energy : Secures 5MW Power Station Contract with Westgold Resources Ltd

January 25, 2017 at 01:06 am

25 January 2017

PACIFIC ENERGY SECURES 5MW POWER STATION CONTRACT WITH WESTGOLD RESOURCES LIMITED Highlights

Pacific Energy wins contract to build, own and maintain a 5MW diesel fuelled Power Station at Westgold's Fortnum Gold Project
Contract term of 5 years
Group contracted capacity now 257MW

Power generation specialist Pacific Energy Limited ('Pacific Energy') is pleased to announce that its wholly-owned subsidiary, Pacific Energy (KPS) Pty Ltd ('KPS'), has secured a new electricity supply contract with Aragon Resources Pty Ltd, a wholly owned subsidiary of Westgold Resources Limited (ASX: WGX) (collectively "Westgold").

KPS will build, own and maintain a 5MW diesel fuelled power station at Westgold's Fortnum Gold Project, located near Meekatharra in Western Australia. The contract runs for an initial term of 5 years, subject to early termination and purchase options, with commissioning scheduled to be completed by the end of February 2017.

Pacific Energy's Managing Director, James Cullen said "We are grateful for the award of the Fortnum contract to KPS by Westgold. This is now our third operating power station with Westgold and we look forward to continuing the relationship with the delivery of reliable, fuel efficient electricity at all three sites".

Mr Cullen also said that group contracted capacity now exceeded 250MW following the recent re-start of the 4MW Bootu Creek power station and agreements to increase capacity by a total of 9MW at several of the Company's existing power stations.

End About Pacific Energy

Pacific Energy is an ASX listed (ASX: PEA) power generation project developer and owner.

Headquartered in Perth, Western Australia, Pacific Energy is focused on the development, ownership and maintenance of mine site and renewable energy power stations.

Kalgoorlie Power Systems, a wholly owned subsidiary of Pacific Energy Limited, is a leading provider of power generation infrastructure to the mining and resources sector in Australia. The business operates a build, own, maintain execution model with 251MW of contracted capacity at 21 mine site locations across Australia.

Pacific Energy Hydro, a wholly owned subsidiary of Pacific Energy Limited, owns and operates 6MW of hydro power generation capacity located approximately 70 kilometres east of Melbourne, Victoria. The company's hydro assets commenced operation in 1992 and comprise two separate power stations located at the Cardinia Reservoir and Blue Rock Dam.

Pacific Energy Limited published this content on 25 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 25 January 2017 01:06:02 UTC.

Original documenthttp://www.pacificenergy.com.au/images/files/asx-announcements/2017/2017Fortnum.pdf

Public permalinkhttp://www.publicnow.com/view/E16883B8390FBFA7649AA1A40C5D5AB1B7BDC3DC

Latest news about Pacific Energy Limited

Pacific Energy Limited completed the acquisition of Canberra Hydrogen Refuelling Facility from AGL ACT Retail Investments Pty Limited.	04-01	CI
Sheffield Resources Limited Announces Execution of Power Generation Agreement	16/09/22	CI
Babylon Pump & Power Appoints Nonexecutive Chair	18/05/22	MT
Strandline Resources : Signs Electricity Supply Deal for Coburn Project	09/03/21	MT
Strandline Resources : Appoints Pacific Energy Subsidiary as Contractor for Western Australia Project	04/11/20	MT
Pacific Energy Signs Contract with Capricorn	24/06/20	CI
Pacific Energy Limited acquired Hybrid Systems Australia for AUD 5 million.	05/05/20	CI
QIC Private Capital Pty Ltd completed the acquisition of Pacific Energy Limited from Ryder Capital Limited, managed by Ryder Investment Management Pty Limited, Kenneth Hall and others.	01/12/19	CI
Pacific Energy Limited(ASX:PEA) dropped from S&P/ASX All Ordinaries Index	19/11/19	CI
Pacific Energy Limited(ASX:PEA) dropped from S&P/ASX Emerging Companies Index	19/11/19	CI
Pacific Energy Limited Announces Special Dividend, Payable on 2 December 2019	15/11/19	CI
Pacific Energy Limited Announces Final Dividend, Payable on 10 October 2019; Declares Special Dividend	02/10/19	CI
OPTrust Private Markets Group and a fund managed by Infrastructure Capital Group cancelled the acquisition of Pacific Energy Limited from Ryder Capital Limited, managed by Ryder Investment Management Pty Limited, Kenneth Hall and others.	15/09/19	CI
OPTrust Private Markets Group and a fund managed by Infrastructure Capital Group entered into a scheme implementation deed to acquire Pacific Energy Limited from Ryder Capital Limited, managed by Ryder Investment Management Pty Limited, Kenneth Hall and others for approximately AUD 460 million.	09/09/19	CI
Pacific Energy Limited Announces Fully Franked Ordinary Dividend for the Twelve Months Ended June 30, 2019, Payable on October 10, 2019	22/08/19	CI
Pacific Energy Ltd. Reports Earnings Results for the Full Year Ended June 30, 2019	22/08/19	CI
Pacific Energy Limited Board Intends to Declare Fully-Franked Final Dividend	24/07/19	CI
QIC Private Capital Pty Ltd entered into a scheme implementation deed to acquire Pacific Energy Limited from Ryder Capital Limited, managed by Ryder Investment Management Pty Limited, Kenneth Hall and others for approximately AUD 470 million.	23/07/19	CI
Pacific Energy Limited Declares Fully Franked Ordinary Dividend for the Six Months Ended December 31, 2018, Payable on April 12, 2019	21/02/19	CI
Pacific Energy Limited Announces Audited Consolidated Earnings Results for the Six Months Ended December 31, 2018	21/02/19	CI
Pacific Energy Limited Secures Additional 4MW Through Contract Expansions	15/11/18	CI
Tranche Update on Pacific Energy Limited's Equity Buyback Plan announced on October 13, 2017.	30/10/18	CI
Pacific Energy Limited‘s Equity Buyback announced on October 13, 2017, has expired with 256,496 shares, representing 0.07% for AUD 0.13 million.	28/10/18	CI
Pacific Energy Limited Announces Audited Consolidated and Parent Earnings Results for the Year Ended June 30, 2018; Provides Revenue Guidance for 2019	22/10/18	CI
Pacific Energy Limited Suspends Final Dividend for the Year 2018 and Interim Dividend for Fiscal 2019	24/08/18	CI

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Company Profile

Pacific Energy Limited invests in power generation and related infrastructure. The Company operates two electricity generation businesses: Kalgoorlie Power Systems (KPS), which includes the generation of electricity by diesel, gas and dual fuelled generators located at a range of mine sites across Western Australia, Northern Territory and Southern Australia with a total contracted generation capacity of approximately 230 Mega Watts (MW), and Pacific Energy Victorian Hydro, which includes the generation of electricity from approximately two hydro power stations in Victoria with a combined capacity of over six MW. Its segments include KPS Power Generation and Other. It is engaged in the management, operation and development of electricity generation facilities. The Company's subsidiaries are Pacific Energy (Victorian Hydro) Pty Ltd, Pacific Energy (KPS) Pty Ltd, Waste Heat Recovery Systems Pty Ltd and KPS Power Africa (Pty) Ltd.

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