Fortescue signs 20-year power supply deal with PLS Group
Bitget2026/10/27 22:40- Fortescue signed its first power purchase agreement with PLS Group, securing a 20-year deal with its Green Grid’s first external customer.
- Supply to PLS’ Pilgangoora operation is expected to begin in 2029, with a minimum annual commitment of 325 GWh.
- An approximately 25-kilometer, 220kV transmission line will connect the operation to the grid, supporting PLS’ A$ 1.9 billion expansion.
- PLS will fund the entire transmission line and own 20 kilometers; the supplier will own the remainder.
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