QPM Energy Agrees to Receive AU$113.7 Million Facility From Macquarie's Unit
MT Newswires Live
Oct 10, 2025
QPM Energy (ASX:QPM) has entered a Master Lease Agreement to receive an 84-month, AU$113.7 million facility form the Finance unit of Macquarie Group (ASX:MQG)'s Commodities and Global Markets business, according to a Friday filing with the Australian bourse.
The facility will fund the acquisition and transportation of two LM6000 gas turbines from US-based Energy firm GE Vernova, the filing said.
The facility is set to be available from Oct. 15, the filing added.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.