Frontier Energy @FrontierASX

📰 Frontier $FHE lands $280m debt backing for Waroona Renewable Energy Project | Coverage in the @westaustralian: thewest.com.au/business/energ…

📺 @StockheadAU Presenter @TylahTully gives an overview of today's news — Frontier's $FHE securing of credit-approved commitments for project finance debt facilities of up to ~$280m, including a construction facility of up to ~A$250m — a defining milestone for the company and our Waroona Renewable Energy Project. The backing of tier 1 infrastructure lenders provides a strong endorsement of the project. We will commence construction-related works immediately following receipt of equity proceeds. Watch ⬇️

We have received credit-approved commitments for project finance debt facilities of up to ~$280 million, including a construction facility of up to ~A$250 million, to support the development of our Waroona Renewable Energy Project. $FHE Executive Chairman Jamie Cullen commented: “Today marks a defining milestone for Frontier and the Waroona Renewable Energy Project. With the fully underwritten debt package, we are pleased to have now delivered a complete funding package that will enable the timely development of the Project. Our team, together with Monford, our EPC lead contractor, are ready to proceed with early works and construction of the Project immediately upon settlement of the A$110 million conditional placement. "We are delighted to welcome Natixis and SMBC as our foundational financing partners. The backing of tier 1 infrastructure lenders provides a strong endorsement of the Project. We look forward to building enduring relationships with both institutions as we progress Stage One and pursue our broader growth ambitions.” Read the full release here: loom.ly/ikuz9JA

Frontier Energy’s Waroona Energy Project is shaping as a timely answer to WA’s tightening power squeeze, with CEO Adam Kiley warning the state needs more energy coming on now as coal exits, industry grows and demand rises every day. #Energy #WA #Coal👇️ buff.ly/kG3Y5Aj

This week we received commitments to raise $110 million (before costs) via a conditional placement to new and existing institutional, professional and sophisticated investors. The equity raising is a pivotal achievement for Frontier $FHE as it paves the way for our Stage One Senior Debt Finance to progress towards binding credit approval and then to financial close. Our CEO Adam Kiley @Soph_Investor caught up with @StockheadAU's @TylahTully to discuss: loom.ly/vCJ2mO8 📺

.@FrontierASX says “top tier, long-only” institutional backers, and other professional and sophisticated investors, have participated in a mega raising for its Waroona #renewable #energy project in WA. #ASX $FHE stockhead.com.au/energy/frontie…

$FHE Investor Presentation — June 2026: loom.ly/6vMacgg

We have received firm commitments from tier one, long only institutional investors and other professional and sophisticated investors to raise $110 million (before costs) under a conditional placement of 550 million new fully paid ordinary shares at a price of $0.20 per New Share. Our Executive Chairman Jamie Cullen said: “The equity raising is a pivotal achievement for Frontier as it paves the way for our Stage One Senior Debt Finance to progress towards binding credit approval and then to financial close. We will then be ready to commence building Stage One and continue development work on Stage Two. "The raising was well supported and will result in multiple high-quality new institutional investors joining the share register as well as a number of WA based family offices. Together with our already strong support from existing investors, the appetite from new investors highlights both the quality of our Stage One project, and the pipeline for future development at Waroona to create a major renewable energy precinct in the South West of WA." Read the full announcement here: loom.ly/73Ri-ec $FHE

Our CEO Adam Kiley @Soph_Investor caught up with @StockheadAU's @TylahTully this week to discuss Stage One of the Waroona Renewable Energy Project being successful in its application for Tender 6 of the Australian Government’s Capacity Investment Scheme (CIS). Hear Adam discuss: ✅ Significance of the CIS and impact on Frontier’s ability to attract favourable project financing terms ✅ Waroona debt financing progress ✅ Jamie Cullen's recent appointment as Executive Chair of $FHE and track record Watch the full interview here: loom.ly/sJE-7Qo

Stage One of the Waroona Renewable Energy Project has been successful in its application for Tender 6 of the Australian Government’s Capacity Investment Scheme. The CIS is an underwriting scheme backed by the Australian Government that provides the Waroona Project with a revenue floor to 2042, which enhances Frontier’s ability to attract favourable project financing terms, whilst allowing for a level of upside exposure to higher energy prices. Following the success with CIS, $FHE will now update shortlisted banks, with the aim of finalising the debt financing package in the near term. Read more here: loom.ly/_Rpy3fY

📰 Western Australia needs to start hopping to secure new energy sources, writes journalist Bevis Yeo in the @Australian. Our Waroona Renewable Energy Project is discussed in the below article, highlighted as a solution to help WA meet its growing energy needs. ⚡ Read more: theaustralian.com.au/business/stock…

We have completed the sale of the Pick Lake Zinc Project to Total Metals Corp (TSX-V: TT) for cash consideration of $2.25 million. With our focus solely on the development of the Waroona Renewable Energy Project, the Pick Lake Project was a non-core asset. Frontier $FHE conducted a process to dispose of the Pick Lake Project and has now entered into a sale and purchase agreement with Total Metals. Completion under the SPA has occurred, with the cash consideration of $2.25 million received and the mineral rights that comprise the Pick Lake Project, together with all related information, transferred to Total Metals.

$FHE @EurozHartleys Institutional Conference Presentation: loom.ly/C1YHMhU

Frontier Energy $FHE is pleased to announce a change in directors’ interest for Executive Chairman, Mr Jamie Cullen and Non-Executive Director, Mr Grant Davey. Mr Cullen and Mr Davey combined to acquire a total of 3 million shares in Frontier through on-market purchases, as follows: ✔️ Executive Chairman Mr Cullen, who became a director on 2 March 2026, acquired 1,000,000 Frontier shares on market; and ✔️ Non-Executive Director and major shareholder, Mr Davey acquired 2,000,000 Frontier shares and now holds 71,104,214 Frontier shares. The details of the changes are set out in the Appendices 3Y released to ASX today.

Frontier Energy (@FrontierASX) is another step closer to securing funding for its Waroona renewable energy project in WA after receiving indicative senior debt terms from leading tier one financial institutions. #ASX $FHE buff.ly/1978ioi

Indicative senior debt terms received for our Waroona Renewable Energy Project in WA: loom.ly/ng-bJJw $FHE Executive Chairman Jamie Cullen commented: “The debt financing process is progressing well, with strong interest received from multiple tier one global financial institutions looking to assist with funding the development of Stage One. "All terms were largely in-line with expectations, including gearing of up to 70%, which delivers around $220 million of senior debt funding. We will now work closely with banks through their final due diligence, towards credit approved terms in the next quarter. "In addition to the senior debt proposals, the Company also received indicative offers to provide alternative financing solutions, including mezzanine finance. The Company will assess these proposals, together with the indicative senior debt terms, to ensure an optimal funding package for development of the Project.”

Frontier Energy $FHE is discussed in the @Australian by Precision Funds Management Executive Directors Dermot Woods and Andy Clayton. The two highlight the market ‘dislocation’ they are seeing at the moment and sell-offs in healthy stocks presenting buying opportunities, and discuss Frontier's recent appointment of former Pacific Energy CEO Jamie Cullen as Executive Chairman. “He’s the real deal, so it would increase the confidence that they’ll get everything done there,” Woods said. “Because if they do half of what they say they’re going to do, it should be pretty bloody interesting.” Read the full article — Precision Points: Market ‘dislocation’ provides cashed up investors the opportunity to pick winners: theaustralian.com.au/business/stock…

$FHE 2025 Annual Report: loom.ly/a_uTv5M

Frontier has appointed highly experienced energy executive Jamie Cullen as Executive Chairman. Jamie was previously CEO of Pacific Energy, a position he held for a decade. Under his leadership, Pacific Energy became Australia’s largest remote energy specialist with approximately 1GW of contracted power generation under long-term power purchase agreements. He brings vast experience across all aspects of the energy development landscape, including equity and debt financings, project development and execution and commercialisation. Incoming $FHE Executive Chairman Jamie Cullen commented: “With ageing coal generation facilities expected to close this decade, the urgent requirement for new energy generation and storage in Western Australia is clear. With its proposed Stage One development and expansion opportunities, Frontier’s Waroona Project stands out as a leading project that can help drive this transition. "The Company is advancing its funding strategy for Stage One of the Project, and I look forward to leading the team in finalising this process through to final investment decision in the very near term and into Stage One construction.” Read more: loom.ly/3P299P8

Our CEO Adam Kiley @Soph_Investor is interviewed in the @Australian, discussing Western Australia's plans to retire coal plants by 2030, the State requiring ~10TWh of additional annual generation by 2031 to fill the gap and meet increased demand; wholesale electricity prices reaching a record $88/MWh in 2025, up by 10% from the previous year; and our Waroona Renewable Energy Project being well positioned to help WA meet its growing electricity needs. “We are one of the most advanced development asset in the State in terms of having secured all permits, approvals, environmental, heritage and connections, which is possibly the most important thing,” Adam tells journalist Bevis Yeo. “Following receipt of reserve capacity in late 2025, which is providing the guaranteed revenue required for financing, we’ll be looking to finalise debt as quickly as possible to allow for the start of major construction. “Some of the early works construction is already underway and some of the long lead work commenced some time ago as well.” Read the full article: theaustralian.com.au/business/stock…