Exciting New Chapter: AMPYR Australia Joins the Rutherglen BESS Project

We are thrilled to announce a major development for the Rutherglen Battery Energy Storage System (BESS) Project as we welcome AMPYR Australia on board as our Capital Partner. AMPYR Australia will be the future owner and developer of the project, bringing significant expertise and resources to help bring the Rutherglen BESS to fruition. This partnership is a huge step toward realising the project’s full potential.

• Current Owner (Pre-Approval): Gryphon Energy remains the legal owner of the project and the entity Red Hill Renewable Energy Pty Ltd (RHRE P/L). This ownership will continue throughout the Development Application (DA) process with the Gladstone Regional Council.

• Future Owner (Post-Approval): Once the DA is officially granted by the Council, which is anticipated to be in Q2 2026, AMPYR Australia will then assume full ownership of RHRE P/L and become the full owner and developer of the Rutherglen BESS project.

This strategic partnership secures the project's long-term future and ensures we have the best resources available for its successful development. We look forward to this collaboration as we move through the approval process and into the construction phase.

Project Update: Rutherglen Battery Project Reaches Key Milestone

We are excited to share a major update on the progress of the Rutherglen Battery Project. The team has officially submitted the Development Application for a Material Change of Use (Battery Storage Facility and Substation) and Reconfiguring a Lot for the site located at 837 Red Hill Road, Bororen.

What This Means

The submission of the Planning Report, prepared by Gilvear Planning, marks a critical step forward for the project. This comprehensive document outlines all the necessary details for the proposed battery storage facility, providing Gladstone Regional Council with the information needed for review.

The Planning Report includes extensive supporting attachments, such as the:

• Traffic Impact Assessment

• Noise Impact Assessment

• Bushfire Mitigation Report

• Community Consultation Letter

These attachments demonstrate our commitment to thoroughly planning for and addressing all potential impacts of the facility within the community and environment.

Next Steps

The application is now under review by the Gladstone Regional Council. This phase includes a detailed assessment of all technical documents and will incorporate any required community feedback as part of the formal development application process.

We appreciate the community's ongoing interest and look forward to providing further updates as we move closer to approval.