APA Group
APA: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| D.t | LOCK|JZ<b | LOCK|$kCXk^v |
APA Group: Development Pipeline Boosted by Power Station Project
APA is partnering with state-owned CS Energy to develop a 400 MW gas-peaking power station in Queensland by 2028. APA plans to own 80% of the asset and will limit its exposure to wholesale electricity prices through a 25-year inflation-linked offtake agreement with CS Energy.
