Locality Planning Energy (ASX:LPE) extension of agreement with Bundaberg BioHub

Locality Planning Energy Holdings Limited (ASX:LPE) has received the September interest payment of $76,322.05 on the total outstanding capital works funds from Bundaberg BioHub Pty Ltd. BioHub has requested an extension for repayment of the $6,158,082.20 facility until 31 March 2025, citing progress in their Development Application (DA) to build a 598TJ AD Facility in Bundaberg. LPE has agreed to grant the extension, given the approaching approval of the DA for the Bundaberg BioHub, to activate the renewable energy project in the region.

Executive Commentary on Extension of Agreement

BioHub's request for an extension until 31 March 2025 aligns with the progress made in the Development Application for the AD Facility in Bundaberg. We are committed to supporting the activation of this significant renewable energy project in the region and have therefore agreed to the extension. This reflects our ongoing dedication to delivering renewable solutions and creating shareholder value through long term supply agreements.

Summary of Locality Planning Energy (ASX:LPE) Announcement

Locality Planning Energy Holdings Limited (ASX:LPE) has extended the agreement with Bundaberg BioHub, allowing an extension for the repayment of the $6,158,082.20 facility until 31 March 2025. BioHub's progress in the Development Application for the AD Facility in Bundaberg has led to this extension, with LPE's support to activate the renewable energy project in the region. The company continues to focus on delivering renewable solutions and creating shareholder value through long term supply agreements, evolving its Customer Value Proposition to work with partners, communities, and customers for future solutions.