Leading Australian energy infrastructure business, APA Group, today commissioned a third gas-fired power station in Mount Isa, further strengthening the energy security of the North West Minerals Province of Queensland.
Leading Australian energy infrastructure business, APA Group, today announced a landmark hydrogen pilot project to enable the proposed conversion of 43-kilometres of Parmelia Gas Pipeline in Western Australia into Australia’s first 100 per cent hydrogen-ready transmission pipeline.
APA Group (ASX: APA), a leading Australian energy infrastructure business today released Australian Pipeline Trust Appendix 4D, Australian Pipeline Trust Interim Financial Report and APT Investment Trust Interim Financial Report to the market.
APA Group (ASX: APA) today announced it is expected to recognise, subject to finalisation of the half year accounts and review conducted by the external auditors, a non-cash impairment of approximately $249 million (pre-tax) to its Orbost Gas Processing Plant in its financial statements for the period ended 31 December 2020. The impairment reflects increased capital expenditure and reassessment of the plant’s future cash flows following commissioning work during the half year period.
APA Group (ASX:APA) today announced an estimated FY2021 interim distribution of 24.0 cents per security for the six months ending 31 December 2020. This represents a 4.3% increase over the FY2020 interim distribution of 23.0 cents per security.
APA Group (ASX: APA) today announced a two phased power expansion agreement with existing customer, Gruyere Gold Mine in Western Australia, which will increase total installed capacity by 45% from 45MW to 64MW.
APA Group (ASX: APA), today announced an investment of up to $460 million to construct a new 580-kilometre, 12-inch pipeline in Western Australia to connect emerging gas fields in the Perth Basin to the resource rich Goldfields region, forming an interconnected WA Gas Grid.
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Following the amendments approved by APA Group securityholders today, 22 October 2020 at the Annual Meeting. APA Group have updated the Constitution of Australian Pipeline Trust consolidated to 22 October 2020; and Constitution of APT Investment Trust consolidated to 22 October 2020.