Key Milestone Achieved in Stage One Development of Waroona Renewable Energy Project

Frontier Energy Limited (ASX: $FHE) has achieved a key milestone in the Stage One development of its Waroona Renewable Energy Project by signing contracts with Western Power to commence detailed design and procurement of long-lead items for the interconnection works. The Project comprises a 120MW solar facility and integrated four-hour 80MW battery.

CEO Adam Kiley's Perspective on the Milestone

This is a major milestone for the Company as interconnection works were identified as a critical path item to ensure construction is completed during 2H 2026. Signing contracts with Western Power to commence design services and procure long-lead items is a major step to ensure this can be achieved. Frontier is committed to working closely with Western Power to enable timely connection of the Project to the SWIS and allow for the development timeline to remain on track, thereby assisting WA to meet its forecast growing electricity supply deficit. The Company continues to progress its funding strategy, with both debt financing and strategic partnering processes well advanced.

Project Advantages and Future Expansion

Frontier Energy has made significant progress with the signing of contracts with Western Power to commence detailed design and procurement of long-lead items for the interconnection works of its Waroona Renewable Energy Project. The Company's proximity to the Landwehr Terminal provides a strategic advantage, enabling the sale of electricity into the SWIS with fewer constraints. Additionally, the connection at the Landwehr Terminal can support a much larger facility than the Stage One development, allowing for future expansions at a lower capital cost and shorter connection time. This positions Frontier Energy to potentially reduce the capital cost for future stage expansions and construction duration, contributing to the Company's goal of becoming one of WA's major renewable energy hubs.