Australia's QPM Energy rises on gas turbine lease agreement

QPM Energy

10/10/2025 24:36

** QPM Energy QPM.AX rises as much as 4.9% to A$0.043; up 2.4% so far this week

** Integrated energy business co announces A$113.7 mln ($74.55 mln) gas turbine lease agreement

** Says facility will help build Central Queensland-based Isaac Power Station, its first five years of ops

** Funds will also help acquire two LM6000 gas turbines from GE Vernova

** YTD, QPM falls 25% pct

($1 = A$1.5251)

 (Reporting by Roshan Thomas in Bengaluru)

 ((Roshan.Thomas@thomsonreuters.com;))