Fortescue signs 20-year power supply deal with PLS Group

• 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.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fortescue Ltd. published the original content used to generate this news brief on October 27, 2026, and is solely responsible for the information contained therein.