May 2020
QIC targeting off-the-grid growth as WA cuts poles and wires
Pacific Energy sees potential to build thousands of standalone power systems after making its first bolt-on acquisition since being swallowed up by QIC in a $470 million deal late last year.
- Brad Thompson
September 2019
Pacific Energy backs QIC after suitor matches $470m offer
Shareholders in the Perth-based power producer could get an additional 0.5c a share depending on the outcome of a Takeovers Panel submission.
- Angela Macdonald-Smith
Pacific Energy draws $470m rival offer to spark bid war
Initial bidder QIC now has four days to match the offer from Canada's OPTrust and Infrastructure Capital Group.
- Angela Macdonald-Smith
OPTrust readies higher bid for Pacific Energy: sources
Canadian investment firm OPTrust is believed to be working up a bid for in-play listed energy infrastructure company Pacific Energy.
- Sarah Thompson and Anthony Macdonald
July 2019
QIC diversifies into remote power with $422m Pacific Energy buy
QIC is deepening its exposure to renewable energy and decentralised power networks.
- Jenny Wiggins, Sarah Thompson and Anthony Macdonald
Big Canadian joins QIC in tussle for Pacific Energy
Australia's QIC Ltd isn't the only dog in the fight at listed contracted power company Pacific Energy.
- Sarah Thompson and Anthony Macdonald
Bid lands for $310m power play Pacific Energy, QIC eyed
Below the radar Perth-based contracted power company Pacific Energy is in the crosshairs of a suitor.
- Sarah Thompson and Anthony Macdonald
February 2014
Pacific Energy (PEA)
Hartleys Research maintained its “buy” recommendation on Pacific Energy with a 12-month target price of 59¢, and said it appeared the company could begin to pay out a higher proportion of profits as dividends.
- Updated
- Elise Shaw
October 2011
Afternoon resources round-up
CGA Mining, Tap Oil, AWE, Troy Resources, Golden Gate Petroleum, Enerji, Cockatoo Coal, Pacific Energy, Gippsland, Syrah Resources, Corazon Mining.
- Updated
August 2011
Afternoon resources round-up
Pacific Energy, Transfield Services, Helix, Red Hill Iron, Aquila Resources, UXA Resources, Pacific Niugini, Eldore Mining, Montezuma Mining, Alkane Resources, Raisama, Gulf Industrials.
- Updated
June 2010
Brief: Pacific Energy
Pacific Energy’s wholly-owned subsidiary Kalgoorlie Power Systems has been operating at near full capacity and is expected to generate revenues from operations of $24m this calendar year.
March 2010
Brief: Pacific Energy
Pacific Energy has won an electricity supply contract to build, own and maintain a new 3 megawatt power station for the Mt Weld rare earths project in WA for 10 years.
December 2008
Pacific Energy (PEA)
The small cap energy stock's 30 per cent fall in value this year is not as severe as that of its peers in the energy sector, which has fallen off a cliff in the second half of 2008.
- David Ciampa
July 2000
Glimpse of the axe at Pacific Energy
The late, great Ben Chifley once remarked that if you were going to chop a rooster's head off, it was advisable to show him a handful of corn before letting him see the axe.
- Pierpont