QPM Energy Ltd (QPM.AX) announced the signing of a A$113.7 million Master Lease Agreement with Macquarie, facilitated by its Specialised and Asset Finance division within the Commodities and Global Markets business. The tailored financing arrangement will fully fund the purchase of two LM6000 gas turbines from GE Vernova.
In addition to the acquisition, the facility will cover transportation costs for moving the turbines from GE Vernova's factory in Hungary to QPM's Isaac Energy Hub in Moranbah. Shipment is scheduled for the March 2026 quarter.
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.