BUZZ-Australia's <a href="https://laohu8.com/S/FHE.AU">Frontier Energy</a> climbs on securing peak capacity credits** Shares of Australia's Frontier Energy FHE.AX rise as much as 3.6% to A$0.29, their highest level since October 10
** The renewable energy firm says Australian Energy Market Operator assigned an 88.06 MW of peak capacity credits for its Waroona Renewable Energy project in Western Australia for the 2027-2028 reserve capacity cycle
** Co says revenue from capacity credits in the first year will be nearly A$32 million ($20.79 million)
** Around 523,00 shares change hands, nearly 1.2x 30-day average
** Frontier Energy stock up 137.5%, YTD
($1 = 1.5389 Australian dollars)
(Reporting by Keshav Singh Chundawat in Bengaluru)
((Keshav.singhchundawat@thomsonreuters.com))
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