January 23, 2018 11:43 AM ET

Independent Power and Renewable Electricity Producers

Company Overview of Zenith Pacific Pty Ltd

Company Overview

Zenith Pacific Pty Ltd designs, constructs, operates, and manages power generation facilities. It produces and distributes power using fuel types, such as diesel, natural gas, solar, and hybrid systems. The company was founded in 2016 and is based in Belmont, Australia. Zenith Pacific Pty Ltd operates as a subsidiary of Zenith Energy Ltd.

24 Brennan Way

Belmont, WA 6104

Australia

Founded in 2016

Phone:

61 8 9416 2000

Key Executives for Zenith Pacific Pty Ltd

Zenith Pacific Pty Ltd does not have any Key Executives recorded.

Zenith Pacific Pty Ltd Key Developments

Newmont Tanami Selects Zenith Pacific Pty Ltd as Preferred IPP Bidder

Zenith Energy Limited announced that Zenith Pacific Pty Ltd, has been selected as the preferred bidder for the building, ownership and operation of a 52MW gas-based power station and circa 10MW of diesel back up generation for Newmont Mining Corporation's (Newmont) wholly owned subsidiary, Newmont Mining Services Pty Ltd, at Newmont's Tanami gold mine. Newmont and Zenith are to negotiate the PPA over the coming weeks. Under the proposed PPA, Zenith will build, own and operate a new 62MW power station to reliably and efficiently service the power needs of Newmont's Tanami gold mine, located approximately 520 kilometres northwest of Alice Springs in the remote Tanami Desert of the Northern Territory of Australia. The power station will incorporate natural gas generators which will provide Tanami with cost effective and clean gas fuelled power generation into the future. Subject to negotiation of the final terms, the PPA has a forecast supply commencement date of quarter one 2019, and an initial 10-year term with Newmont having an option to extend for a further 10-year term. Upon completion, the proposed PPA will positively impact fiscal 2020 earnings and will have a materially positive impact in fiscal 2021 when the full-year impact of the PPA accrues to ZEN's results.

Zenith Pacific Pty Ltd. Signs Power Purchase Agreement with Dacian Gold

Zenith Energy Limited announced that its wholly-owned subsidiary, Zenith Pacific Pty Ltd, has now executed the PPA to build, own and operate a 17MW gas-fired power station for Dacian Gold Limited's wholly owned subsidiary Mt Morgans WA Mining Pty Ltd. Under the terms of the PPA, Zenith will construct the power station to service the power needs of Dacian's Mt Morgans Gold Project, located 20km west of Laverton, and approximately 750km northeast of Perth, in Western Australia. The power station will utilise gas-fuelled generators, providing the Mt Morgans Project with cost effective and clean power generation into the future. The PPA will have a supply commencement date of 7 March 2018, and an initial eight year term, with Mt Morgans WA Mining Pty Ltd. having the option to extend for a further term of three years. The PPA should positively impact Zenith's FY2018 earnings and will have a materially positive impact in FY2019 when the first full-year impact of the PPA is attributed to ZEN's financial results.

Zenith Pacific Pty Ltd Enters into Letter of Intent to Award PPA for the Building, Ownership and Operation of 17MW Gas-Fired Power Station

Zenith Energy Limited announced that Zenith Pacific Pty Ltd, has entered into a Letter of Intent to award a Power Purchase Agreement (PPA) for the building, ownership and operation of a 17MW gas-fired power station Dacian Gold Limited's wholly owned subsidiary, Mt Morgans WA Mining Pty Ltd. Zenith anticipates execution of the PPA in the coming weeks. Under the proposed PPA, Zenith will build, own and operate a new 17MW power station to service the power needs of Dacian's Mt Morgans Project, located 20km west of Laverton, and approximately 750km northeast of Perth in Western Australia. The power station will incorporate gas generators which will provide the Mt Morgans Project with cost effective and clean gas fuelled power generation into the future. Subject to negotiation of the final terms, the PPA will have a supply commencement date of 7 March 2018, and an initial 8 year term, with options to extend.

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