AGL Energy (ASX:AGL) has revised its fiscal year 2026 growth capital expenditure forecast to around AU$900 million, reflecting the purchase of the K2 turbines, according to a Thursday Australian bourse filing.

The forecast includes AU$185 million for the completion of the Liddell Battery, AU$485 million toward the AU$800 million Tomago Battery project, and AU$85 million for the acquisition of the K2 turbines, with the remaining AU$100 million expected to be spent in fiscal year 2027, the filing said.

Customer markets will spend around AU$80 million to further advance distributed energy and electrification solutions initiatives, per the filing.

The fiscal year 2026 sustaining capital outlook remains unchanged, the filing added.