FROM LANDHOLDING TO MAJOR ENERGY PROJECT The Richmond Valley Solar Farm & Battery Energy Storage project was originated by FP Solutions from land owned by the group's principal in Northern New South Wales. FP Solutions identified the strategic opportunity created by the property's location, available land and proximity to major electricity transmission infrastructure and developed the initial vision for a large-scale solar and energy storage project. Rather than simply offering the property to the market, FP Solutions packaged the development opportunity and approached a number of established energy developers capable of progressing a project of this scale. An important part of the original project structure involved the adjoining property most affected by the proposed development. FP Solutions negotiated directly with that landowner and incorporated their property interests into the broader project structure, ensuring that a neighbouring landowner carrying part of the project's impact could also participate financially in its success. Following a competitive engagement process, FP Solutions reached agreement with Epuron to acquire and progress the development opportunity. Epuron was subsequently acquired by Ark Energy, which continued development of the Richmond Valley project. The project has since secured planning and environmental approvals, grid connection approval and a Long-Term Energy Service Agreement and has reached Financial Investment Decision. Construction is expected to commence in early 2027. Richmond Valley demonstrates the complete FP Solutions origination model: recognise an opportunity early, assemble land and stakeholder interests, create a commercially viable development proposition and place the project with an experienced developer capable of taking it through approvals, financing and ultimately construction.