QPM Energy Secures Up to $48M Debt Financing From NAIF for Isaac Power Station

Deal Summary

Australian gas producer QPM Energy announced that the Northern Australia Infrastructure Facility (NAIF) has approved a loan facility of up to $48 million (AUD 72 million) to fund construction of its 112 MW Isaac Power Station. The financing satisfies a key project‑finance condition and supports QPM’s strategy to co‑locate data‑centre assets in the Northern Bowen Basin. The loan approval moves the project toward a mid‑2027 commissioning target.