Pacific Energy Limited

Equities

PEA

AU000000PEA3

End-of-day quote Australian S.E. Other stock markets 12:11:13 2019-11-18 am EST			5-day change	1st Jan Change
1.07 ^AUD	+0.47%		-.--%	+84.48%

Apr. 02	Pacific Energy Limited completed the acquisition of Canberra Hydrogen Refuelling Facility from AGL ACT Retail Investments Pty Limited.	CI
2022	Sheffield Resources Limited Announces Execution of Power Generation Agreement	CI

Pacific Energy : Secures New Eight Year Contract with St Barbara Ltd

July 27, 2016 at 11:36 pm EDT

28 July 2016

PACIFIC ENERGY SECURES NEW EIGHT YEAR CONTRACT WITH ST BARBARA LTD Highlights

Pacific Energy wins contract extension at St Barbara's Gwalia gold mine for existing 16MW power station
Contract term of 8 years
Upgrade works to be undertaken to achieve targeted efficiency gains

Power generation specialist Pacific Energy Limited (ASX: PEA) is pleased to announce that its wholly- owned subsidiary, Kalgoorlie Power Systems ('KPS'), has secured a new contract with St Barbara Ltd (ASX: SBM; "St Barbara").

KPS has been generating electricity for St Barbara under contract since 2008 and has been in discussions about a new contract following a formal tender process that was recently conducted. The new contract awarded to KPS commences on 1 August 2016 and has a term of eight years.

With the new contract tenure in hand, KPS will be investing in certain upgrade works to the existing power station, which will deliver targeted efficiency gains for St Barbara and lower fuel consumption costs.

Commenting on the award, Pacific Energy's Managing Director, James Cullen said "This is an important contract for KPS to secure. We have been working with St Barbara since 2008 and have a good understanding of their operations and requirements. Working together we have identified where efficiency improvements can be realised and we look forward to getting the required work underway immediately."

End About Pacific Energy

Pacific Energy is an ASX listed (ASX: PEA) power generation project developer and owner.

Headquartered in Perth, Western Australia, Pacific Energy is focused on the development, ownership and maintenance of mine site and renewable energy power stations.

Kalgoorlie Power Systems, a wholly owned subsidiary of Pacific Energy Limited, is a leading provider of power generation infrastructure to the mining and resources sector in Australia. The business operates a build, own, maintain execution model with 233MW of contracted capacity at 18 mine site locations across Australia.

Pacific Energy Hydro, a wholly owned subsidiary of Pacific Energy Limited, owns and operates 6MW of hydro power generation capacity located approximately 70 kilometres east of Melbourne, Victoria. The company's hydro assets commenced operation in 1992 and comprise two separate power stations located at the Cardinia Reservoir and Blue Rock Dam.

Pacific Energy Limited published this content on 28 July 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 28 July 2016 03:36:02 UTC.

Original documenthttp://www.pacificenergy.com.au/images/files/asx-announcements/2016/GwaliaASXAnnouncement.pdf

Public permalinkhttp://www.publicnow.com/view/CED8751F4DAE8243DB5D1896328E6FA3EF3EE9ED

Latest news about Pacific Energy Limited

Pacific Energy Limited completed the acquisition of Canberra Hydrogen Refuelling Facility from AGL ACT Retail Investments Pty Limited.	Apr. 01	CI
Sheffield Resources Limited Announces Execution of Power Generation Agreement	22-09-15	CI
Babylon Pump & Power Appoints Nonexecutive Chair	22-05-18	MT
Strandline Resources : Signs Electricity Supply Deal for Coburn Project	21-03-09	MT
Strandline Resources : Appoints Pacific Energy Subsidiary as Contractor for Western Australia Project	20-11-03	MT
Pacific Energy Signs Contract with Capricorn	20-06-24	CI
Pacific Energy Limited acquired Hybrid Systems Australia for AUD 5 million.	20-05-05	CI
QIC Private Capital Pty Ltd completed the acquisition of Pacific Energy Limited from Ryder Capital Limited, managed by Ryder Investment Management Pty Limited, Kenneth Hall and others.	19-12-01	CI
Pacific Energy Limited(ASX:PEA) dropped from S&P/ASX All Ordinaries Index	19-11-19	CI
Pacific Energy Limited(ASX:PEA) dropped from S&P/ASX Emerging Companies Index	19-11-19	CI
Pacific Energy Limited Announces Special Dividend, Payable on 2 December 2019	19-11-14	CI
Pacific Energy Limited Announces Final Dividend, Payable on 10 October 2019; Declares Special Dividend	19-10-02	CI
OPTrust Private Markets Group and a fund managed by Infrastructure Capital Group cancelled the acquisition of Pacific Energy Limited from Ryder Capital Limited, managed by Ryder Investment Management Pty Limited, Kenneth Hall and others.	19-09-15	CI
OPTrust Private Markets Group and a fund managed by Infrastructure Capital Group entered into a scheme implementation deed to acquire Pacific Energy Limited from Ryder Capital Limited, managed by Ryder Investment Management Pty Limited, Kenneth Hall and others for approximately AUD 460 million.	19-09-09	CI
Pacific Energy Limited Announces Fully Franked Ordinary Dividend for the Twelve Months Ended June 30, 2019, Payable on October 10, 2019	19-08-21	CI
Pacific Energy Ltd. Reports Earnings Results for the Full Year Ended June 30, 2019	19-08-21	CI
Pacific Energy Limited Board Intends to Declare Fully-Franked Final Dividend	19-07-23	CI
QIC Private Capital Pty Ltd entered into a scheme implementation deed to acquire Pacific Energy Limited from Ryder Capital Limited, managed by Ryder Investment Management Pty Limited, Kenneth Hall and others for approximately AUD 470 million.	19-07-23	CI
Pacific Energy Limited Declares Fully Franked Ordinary Dividend for the Six Months Ended December 31, 2018, Payable on April 12, 2019	19-02-21	CI
Pacific Energy Limited Announces Audited Consolidated Earnings Results for the Six Months Ended December 31, 2018	19-02-21	CI
Pacific Energy Limited Secures Additional 4MW Through Contract Expansions	18-11-14	CI
Tranche Update on Pacific Energy Limited's Equity Buyback Plan announced on October 13, 2017.	18-10-29	CI
Pacific Energy Limited‘s Equity Buyback announced on October 13, 2017, has expired with 256,496 shares, representing 0.07% for AUD 0.13 million.	18-10-28	CI
Pacific Energy Limited Announces Audited Consolidated and Parent Earnings Results for the Year Ended June 30, 2018; Provides Revenue Guidance for 2019	18-10-21	CI
Pacific Energy Limited Suspends Final Dividend for the Year 2018 and Interim Dividend for Fiscal 2019	18-08-23	CI

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Company Profile

Pacific Energy Limited invests in power generation and related infrastructure. The Company operates two electricity generation businesses: Kalgoorlie Power Systems (KPS), which includes the generation of electricity by diesel, gas and dual fuelled generators located at a range of mine sites across Western Australia, Northern Territory and Southern Australia with a total contracted generation capacity of approximately 230 Mega Watts (MW), and Pacific Energy Victorian Hydro, which includes the generation of electricity from approximately two hydro power stations in Victoria with a combined capacity of over six MW. Its segments include KPS Power Generation and Other. It is engaged in the management, operation and development of electricity generation facilities. The Company's subsidiaries are Pacific Energy (Victorian Hydro) Pty Ltd, Pacific Energy (KPS) Pty Ltd, Waste Heat Recovery Systems Pty Ltd and KPS Power Africa (Pty) Ltd.

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