📺 @Stockhead Presenter Tylah Tully provides an overview of our latest announcement, following an increase in Reserve Capacity Credits allocated to Stage One of our Waroona Renewable Energy Project in Western Australia. The Australian Energy Market Operator (@AEMO_Energy) has increased the project's annual RCC allocation from ~88MW to 99MW, lifting forecast annual fixed capacity payments from ~$32m to ~$36m. The increased allocation strengthens the project's financial outlook, with average annual revenue now forecast at $76m, EBITDA of $66m and free cash flow of $38m through to September 2032, based on first generation commencing in mid-2028. Read more: loom.ly/UtYnLrw & watch below ⬇️

The Australian Energy Market Operator (@AEMO_Energy) has increased the Reserve Capacity Credits (RCCs) allocated to Stage One of our Waroona Renewable Energy Project from ~88MW to 99MW. The increase in RCCs lifts the annual Reserve Capacity Payment (RCP) received by Frontier to ~$36m (previously ~$32m). We have updated our average annual forecasts for Stage One for the period from first generation to 30 September 2032: ✅ Average annual Revenue ~ $76m (up from $~72m) ✅ Average annual EBITDA ~ $66m (up from ~$62m) ✅ Average annual Free Cash Flow ~ $38m (up from $35m) Revenue received from RCCs is in addition to revenue received from energy sales. Read the full announcement here: loom.ly/dwtqwrM $FHE

Frontier $FHE has progressed Stage Two of its Waroona Renewable Energy Project, with Western Power deeming it ‘Ready to Progress’ under its Critical Projects Framework, advancing its pathway to grid connection. Read more in @StockheadAU👇 stockhead.com.au/energy/fron…

We have reached a key milestone in the development of Stage Two of our Waroona Renewable Energy Project in Western Australia, with Western Power deeming the project ‘Ready to Progress’ under its Critical Projects Framework. The designation recognises Stage Two as a project of strategic importance and provides greater certainty around progressing its connection to the South West Interconnected System (SWIS). Waroona’s Stage Two is planned to comprise a 130MW solar generation facility paired with an 80MW (~8-hour) battery energy storage system (BESS), building on infrastructure already being developed as part of Stage One, where site works commenced in September. Our Executive Chairman Jamie Cullen said: “Being deemed Ready to Progress is a key milestone in the development process and recognises the strategic significance of Stage Two. “With a sizeable landholding and ability to cost-effectively access the SWIS, the development of Stage Two is central to our strategy to establish the Waroona Project as a major renewable energy hub in Western Australia’s South-West region.” Read more: loom.ly/jb2CPIk $FHE

Our CEO Adam Kiley @Soph_Investor sat down with @CruxInvestor’s Matthew Gordon last week to discuss the latest developments at our Waroona #RenewableEnergy Project in WA, where mobilisation works recently commenced. The current program underway will include establishment of the construction laydown area, installation of construction facilities, site preparation, clearing, earthworks and drainage works. The mobilisation program will then be followed by the commencement of major construction activities, including detailed earth works for internal access tracks in October and solar array piling commencing in December, before the first trackers and solar panels are installed in February 2027. In the below clip, hear Adam walk through the Waroona Project's impressive economics, and the multiple revenue streams which will drive strong EBITDA. Watch the full $FHE interview: loom.ly/JY-zcQo

Following mobilisation works commencing at our Waroona Renewable Energy Project in Western Australia, Frontier CEO Adam Kiley @Soph_Investor caught up with @CruxInvestor's @MoshiGordon to provide an update on the company's recent progress and momentum. 📺 Watch the interview here: loom.ly/JY-zcQo "Frontier Energy $FHE has crossed the threshold that separates most renewable energy developers from the small number that actually get built: it is fully funded, fully contracted, and now has boots on the ground," the Crux team wrote – read more: loom.ly/WTmxnWE

Renewables and batteries are ready to plug into Australia’s dream of green data centres, writes journalist Bevis Yeo in the @Australian. Our CEO Adam Kiley @Soph_Investor is interviewed in the article below, discussing future energy requirements for data centres, legislation expected to be introduced in 2027 requiring data centres to support or underwrite their own energy requirements – a potential major catalyst for new renewable energy investment – and Frontier $FHE being well-placed to benefit. “Large data centres operate around the clock and need secure, long-term power supply, making them ideal counterparties for renewable energy and battery storage projects. Long-term contracts from data centre operators can improve project bankability, support debt financing and accelerate the development of new solar, wind and battery assets," he said. “If new data centre demand is matched with additional renewable capacity, overall emissions growth can be limited and, in some cases, existing fossil fuel generation can be displaced." “Going forward, successful data centre developments are likely to be closely integrated with renewable generation and energy storage projects, making collaboration between data centre operators and companies such as Frontier essential to the development of both industries." 📰 Read the full story: theaustralian.com.au/busines…

We're pleased to share the below letter to shareholders from Frontier $FHE Executive Chairman Jamie Cullen, which provides an update on our exciting Waroona Renewable Energy Project Stage One, the pathways opening up beyond Stage One to build shareholder value, and his personal view of the road ahead. Read the letter here: loom.ly/N2DRIeA

Frontier $FHE and Monford Group have mobilised to site, commencing two years of development at the Waroona Renewable Energy Project. Read more in @StockheadAU below 👇

Frontier and Monford Group, the EPC contractor for Stage One, have mobilised to site, commencing two years of development at the Waroona Renewable Energy Project. The mobilisation program includes establishment of the construction laydown area, installation of construction facilities, site preparation, clearing, earthworks and drainage works. The mobilisation program will be followed by the commencement of major construction activities, including detailed earth works for internal access tracks in October and solar array piling commencing in December, before the first trackers and solar panels are installed in February 2027. The Company has also finalised its Owner’s Team, which is highly experienced in the delivery of renewable energy projects across both WA and Australia. $FHE Executive Chairman Jamie Cullen said: “We look forward to providing regular updates through the construction phase as we progress towards delivering one of Western Australia’s most significant new renewable energy generation and battery storage projects.” Read more: loom.ly/q1frU5E

Our latest investor presentation: Funded to Build, Positioned for Growth — Powering WA's Next Wave of Energy Demand, provides an update on our Waroona Renewable Energy Project in WA. View it here: loom.ly/441rUh4 #ASX $FHE #RenewableEnergy #Solar #BESS #WesternAustralia

We have executed all major contracts for Stage One of our Waroona Renewable Energy Project — 132MW solar + 81.5MW/6.9hr BESS. Waroona is fully funded, with contracts locked in, and site works are set to begin this month. wcsecure.weblink.com.au/pdf/… $FHE

Our investor webinar shared latest updates on our Waroona Renewable Energy Project in WA, including how data centre growth is shaping energy demand. Our CEO @Soph_Investor and Executive Chair Jamie Cullen walked through project updates. Full replay: loom.ly/502o-Uc $FHE

📢 Join our investor webinar on the Waroona Renewable Energy Project (WA). CEO @Soph_Investor & Executive Chair Jamie Cullen will share project updates + take investor questions. 📅 Thu 27 Aug 2026 ⏰ 10am AEST / 8am AWST Register: loom.ly/P8abLwY Full announcement: loom.ly/GTO_w7E $FHE

Frontier Energy CEO Adam Kiley sat down with renowned Australian finance and business journalist Alan Kohler to discuss FHE's solar and battery project at Waroona in Western Australia. Click the link to listen to or read the full Intelligent Investor interview: loom.ly/gHRyoO8

During the June quarter, our activity was focused on financing and early works at our Waroona Renewable Energy Project in Western Australia. ✅ Credit-approved underwriting commitments for project finance debt facilities of up to ~$280 million secured ✅ $110 million equity capital raising completed ✅ Early works and procurement of long-lead items to advance Stage One advancing ✅ Waroona Stage One (132MW solar facility and an 81.5MW (6.9hr) battery energy storage system) was successful in its application for Tender 6 of the Australian Government’s Capacity Investment Scheme ✅ Energy prices in WA have continued to rise throughout 2026 Read the full June 2026 Quarterly Report here: loom.ly/JzfxR7Q $FHE

Frontier has appointed highly experienced, Western Australian based renewable energy contractor Monford Group as the Engineering, Procurement and Construction (EPC) contractor for the solar-battery hybrid facility at Stage One of the Waroona Renewable Energy Project: loom.ly/rixUYFY $FHE Executive Chairman Jamie Cullen commented: “It is a pleasure to award this key contract to Monford, which has an outstanding track record in delivering renewable energy projects across Australia. Our respective teams have been working together through the ECI process and have developed an excellent working relationship. The agreement for Monford to receive $5 million of the contract value in Frontier equity provides strong alignment of interests and is a positive endorsement of the quality and long-term potential of the Waroona Project. We look forward to Monford becoming a shareholder in Frontier.” Monford CEO Ciaran Shannon added: “We are excited to progress this important renewable energy infrastructure project and continue our strong working relationship with the Frontier team. This project further strengthens Monford's position as a leading EPC contractor in the renewable energy sector and reflects our commitment to delivering critical energy infrastructure across Australia. Our participation as a shareholder aligns us with the long-term success of the project and demonstrates our confidence in Frontier's vision and growth strategy.”

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

📺 @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 ⬇️