QPM Energy (ASX:QPM) started funding under the AU$113.7 million master lease agreement with Macquarie Group (ASX:MQG), supported by a currency hedge to minimize exposure to exchange rate fluctuations, according to a Thursday filing with the Australian bourse.
The company has issued a full notice to proceed to GE Vernova, initiating equipment delivery under the contract, with major shipments scheduled to arrive in Australia in early 2026, the filing added.