LPE partners with Walker Corporation
Released
Released
Announcement PDF
Locality Planning Energy Holdings Ltd (ASX: LPE) 1300 443 735 | localityenergy.com.au
ABN 90 147867 301 PO Box 5737 Maroochydore BC QLD 4558
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ASX ANNOUNCEMENT
LPE partners with Walker Corporation at SOL by Walker in the
Maroochydore City Centre
Highlights
• Supply Agreement executed with Walker Corporation to deliver embedded network energy services
and associated infrastructure at SOL by Walker, a two-tower mixed-use development of 248
residences together with ground-floor retail and commercial tenancies.
• A 15-year Master Services Agreement commencing from completion, with LPE funding via the Supply
Agreement the electricity network, smart metering, hot water, solar and electric vehicle charging
infrastructure.
• Approximately 260 service points at completion, connected progressively as the towers are
completed from late 2027.
• LPE’s first energy services agreement with Walker Corporation, one of Australia’s leading private
property developers, secured through a competitive process in the Company’s home city.
Locality Planning Energy Holdings Limited (ASX: LPE) (“LPE”or“the Company”) has executed an agreement with
Walker Corporation (“Walker”) to deliver embedded network energy services at SOL by Walker, a landmark
residential and mixed-use development at the corner of First Avenue and South Sea Islander Way in the
Maroochydore City Centre on the Sunshine Coast.
The agreement delivers on LPE’s strategic priority to grow through partnerships. It adds a leading national developer
to LPE’s partner base and extends the Company’s presence in high-density mixed-use development in South East
Queensland. Earlier this year LPE relocated its head office to Walker’s 50 First Avenue tower, adjacent to the SOL
site.
Craig Chambers, LPE Chair, said:
“SOL by Walker is a landmark project for the Maroochydore City Centre, and we are proud to partner with
Walker Corporation in LPE’s home city. This agreement is our strategy in action. We grow through long-term
partnerships with developers who value integrated, efficient energy services for their residents and tenants,
and we look forward to serving the SOL community for many years to come.”
SOL by Walker
SOL by Walker comprises two towers within the Maroochydore City Centre Priority Development Area, with 248
residences, ground-floor retail and commercial tenancies, and shared resident amenities. Construction
commenced in May 2025, with Walker expecting to complete Stage 1 in Q4 2027 and Stage 2 in Q1 2028.
Under the agreement, LPE will fund, install and operate the development’s embedded electricity network, including
smart metering for each residence and tenancy, instantaneous hot water systems, a rooftop solar system supplying
the common property and electric vehicle charging in the car park. LPE will supply electricity to residents and
tenants and provide metering, billing and customer service for a term of 15 years from completion.
Locality Planning Energy Holdings Ltd (ASX: LPE) 1300 443 735 | localityenergy.com.au
ABN 90 147867 301 PO Box 5737 Maroochydore BC QLD 4558
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LPE will fund the infrastructure from its existing resources and facilities. At completion the development is expected
to add approximately 260 service points to LPE’s portfolio.
Peter Saba, Walker Corporation Group Executive of Development said:
“Our partnership with LPE will support the delivery of 248 new residences at SOL by Walker with efficient,
sustainable energy infrastructure, including rooftop solar for the common areas, smart metering and electric
vehicle charging to support lower-emissions transport.
This agreement is a strong model for growth in the Sunshine Coast region, combining investment in
sustainable infrastructure with the expertise of a trusted national business.”
Conditions and Phasing
Connections and revenue under a Master Services Agreement that will build progressively as each tower is
completed, service orders issued and residences and tenancies are settled and occupied. LPE cannot yet reliably
estimate the timing of revenue from the agreement, which will depend on the pace of construction, settlements and
tenancy commencements. LPE will update the market as material information becomes available.
Forward-Looking Statements
This announcement contains forward-looking statements, including statements about service points at completion,
capital investment, construction and delivery timing, connection volumes and future revenues. Forward-looking
statements are subject to risks and uncertainties, including the pace of development, settlements, tenancy
commencements, regulatory requirements and general market conditions. Actual outcomes may differ materially
from those expressed or implied in this announcement. LPE undertakes no obligation to update any forward-looking
statement, other than as required by law or the ASX Listing Rules.
Authorised for release by the Chair of LPE under delegated authority.
Craig Chambers
Chair
investors@localityenergy.com.au
ENDS
__________________
Locality Planning Energy Holdings Ltd (ASX: LPE) 1300 443 735 | localityenergy.com.au
ABN 90 147867 301 PO Box 5737 Maroochydore BC QLD 4558
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About LPE
About LPE
Locality Planning Energy Holdings Limited (ASX: LPE) is an Australian provider of embedded network and multi-
utility infrastructure and services, operating across Australia.
LPE funds, installs and operates infrastructure that delivers electricity, water, hot water, solar, battery storage,
electric vehicle charging and smart metering solutions. Its business model combines infrastructure investment
with long-term service agreements that support recurring revenue.
The Company partners with developers, property owners and community operators to deliver integrated utility
solutions across strata properties, land lease communities and retail shopping centres. These partnerships
support LPE’s growth while helping communities improve energy efficiency and manage utility costs.
How to contact us
If you have any questions on this announcement or any past LPE announcements, visit our Investor Hub. Like,
comment or ask a question on our announcements. You can find this through the following link or by scanning
the QR code:
investorhub.localityenergy.com.au
Web
http://www.localityenergy.com.au
Enquiries
1300 443 735
Monday to Friday
8:30am to 5:00pm
Email
investors@localityenergy.com.au
Postal address
PO Box 5737
Maroochydore BC QLD 45
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