News

APA reports solid 1H FY2022 results and increased interim distribution

Leading Australian energy infrastructure business, APA Group (ASX: APA), today announced its financial results for the half year ended 31 December 2021 (1H22), highlighting a solid financial performance and positive momentum on its strategic growth priorities.

APA has rights to acquire 100% of Basslink debt

Leading Australian energy infrastructure business, APA Group (ASX: APA), today announced it has entered into agreements that give APA rights to acquire further interests in the senior secured bank debt of Nexus Australia Management Pty Ltd (Administrators Appointed) (Receivers & Managers Appointed) (Nexus), subject to the satisfaction of certain conditions (the Agreements). Nexus is the borrowing entity for Basslink Pty Ltd (Administrators Appointed) (Receivers & Managers Appointed) (Basslink Pty Ltd) which owns and operates the 370km high voltage direct current (HVDC) electricity interconnector between Victoria and Tasmania, known as Basslink.

Stage two of APA’s Mount Isa Mica Creek Solar Farm powers ahead with second customer

Leading Australian energy infrastructure business, APA Group, today announced stage two of the Mica Creek Solar Farm in Mount Isa would power ahead in 2022, with APA entering into a variation to an existing offtake agreement for the supply of renewable electricity for 15 years with existing APA customer, Mount Isa Mines Limited (MIM), a Glencore Company.

APA to commence stage one of Mica Creek Solar Farm

Leading Australian energy infrastructure business, APA Group (ASX: APA), today announced it has reached a Final Investment Decision (FID) to build stage two of the Mica Creek Solar Farm in Mount Isa. APA’s stage two investment is underpinned by a variation to the existing offtake agreement with APA customer Mount Isa Mines Limited (MIM), a Glencore Company. The variation adds a new service for the supply of electricity from the Mica Creek Solar Farm for 15 years, requiring additional capital expenditure by APA of around $70 million.

APA notifying employees of public holiday allowances error

APA has today disclosed a payroll error to the Fair Work Ombudsman, which saw 160 current and former employees covered by the South East and North West Transmission Enterprise Agreements (EA), not receive correct payments for on-call allowances for public holidays.

Developing Australia’s first blueprint for state-wide hydrogen blending

In an Australian first, leading Australian energy infrastructure business, APA Group, today

APA Group continues to focus on enhancing safety

Leading Australian energy infrastructure business, APA Group, continues to boost its safety approach with ongoing annual safety awards and plans to implement a national bushfire prevention and management strategy.

NGIP recognises the critical role of natural gas

Leading Australian energy infrastructure business, APA Group, today welcomes the release of the Australian Government’s first full National Gas Infrastructure Plan and the Future Gas Infrastructure Investment Framework.

APA acquires an interest in Basslink debt

Consortium to investigate delivery of low cost hydrogen

Leading Australian energy infrastructure business APA Group will investigate opportunities in Western Australia to commercialise and deliver low cost hydrogen as part of a newly established consortium with Pilot Energy and Warrego Energy Limited.