News
ASX Releases
APA commences 25% Expansion of East Coast Grid, Enters into agreement with Origin Energy
05 May 2021
APA Group today announced it had reached a Final Investment Decision (FID) to commence expansion of transportation capacity on its East Coast Grid, linking Queensland with southern markets, by approximately 25%. APA also announced a significant new East Coast Grid gas transportation agreement (GTA) with Origin Energy Limited (Origin ASX: ORG).
Completion of Bond Note Redemptions
03 May 2021
APA Group today announced that APT Pipelines Limited has completed the redemption and cancellation of the debt facilities and associated hedges that were to mature in calendar year 2022.
Settlement of EUR/GBP Medium Term Notes
16 Mar 2021
APA Group (ASX: APA), a leading energy infrastructure business, today announced that on 16 March 2021 (AEDT) APT Pipelines Limited settled the EUR 1,100 million and GBP 250 million senior unsecured notes that were priced and announced on 10 March 2021.
APA Pricing of EUR/GBP Medium Term Notes
10 Mar 2021
APA Group (ASX: APA), a leading energy infrastructure business, today announced that on 10 March 2021 (AEDT) it priced an offering of EUR 1,100 million and GBP 250 million of senior unsecured notes in the international debt capital markets outside the United States pursuant to Regulation S of the US Securities Act. The notes will be issued by APA’s wholly-owned Baa2/BBB rated borrowing entity APT Pipelines Limited and will be guaranteed by Australian Pipeline Limited in its capacity as trustee and responsible entity of Australian Pipeline Trust and APT Investment Trust (“the Parent Guarantors”) and by certain subsidiaries of the Parent Guarantors.
APA Group 1H FY2021 Financial Reports
23 Feb 2021
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.
Impairment of Orbost Gas Processing Plant
18 Feb 2021
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.