Amendment to Bundaberg BioHub Agreement
Released
Released
Announcement PDF
29 November 2024
Amendment to Bundaberg BioHub Agreement
Embedded electricity provider, Locality Planning Energy Holdings Limited (ASX: LPE) (the Company or
LPE), advises that it has entered into an agreement with Bundaberg BioHub Pty Ltd (BioHub) amending
the payment terms for interest payable under the original Agreement. Under the terms of the
agreement, BioHub will pay LPE 50% of the monthly interest payable from 1 October 2024, and the
other 50% of monthly interest will be capitalised. Capitalised interest will accrue interest at a rate of
22.5% per annum (accruing daily) until repayment of the total capital works funds, including all
outstanding interest and legal fees.
Authorised by the Board.
For further information:
David Jarjoura
Executive Chairman
investors@localityenergy.com.au
1300 040 168
ENDS
About LPE
LPE is a growing energy provider to strata communities focused on the core Embedded Network
business. LPE delivers renewable solutions for strata living, creating shareholder value through long
term supply agreements that provide strong recurring revenue.
Currently LPE predominantly services the Queensland energy market, providing electricity, hot
water, solar and battery systems to strata communities. Supporting those living in strata
communities to reduce their carbon footprint and energy bills with no upfront cost.
Our Customer Value Proposition continues to evolve as we work with partners, communities and
customers to find new solutions to take us into the future.
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 scanning the QR code:
investorhub.localityenergy.com.au or email us on investors@localityenergy.com.au
Locality Planning Energy Holdings Ltd (ASX: LPE)
Level 8, 8 Market Lane, Maroochydore BC QLD 4558
ABN 90 147 867 301
Telephone 1300 443 735
www.localityenergy.com.au
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