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3 ASX infrastructure Stocks making big moves in 2026. Sep 04, 2026 - 05:09 AM APA Group, Transurban and Aurizon had a strong FY26 with higher earnings, better shareholder returns and new projects supporting future growth. On 20 August 2026, announced FY26 results with underlying EBITDA improved 8.3% to $2,183 million. Cost reductions reached $80 million above the $50 million target. Free Cash Flow rose 3.2% to $1,118 million. Distribution increased to 58.0 cps. APA invested $546 million in growth projects, including the Brigalow Peaking Power Plant and Pipeline, East Coast Gas Grid expansion and Sturt Plateau Pipeline. Its organic growth pipeline grew to about $3.5 billion from $3.0 billion. Business simplification also continued through divestments, restructuring, lower external spending and streamlined IT delivery. The balance sheet was strengthened through a $1.5 billion hybrid and senior unsecured debt raise. FY27 underlying EBITDA guidance is $2,260 million to $2,340 million, with midpoint growth of 5.4%. The outlook includes tariff escalation, Sturt Plateau Pipeline, Basslink's regulated conversion and annualised cost savings. FY27 distributions are expected at 59.0 cps, up 1.7%. on 13 August 2026, reported FY26 distribution of 69.0 cents per stapled security, up 6.2%, with 98.1% free cash coverage. FY27 distribution guidance is 72 cents, with coverage expected slightly below the 95-105% target. Statutory profit after tax was $432 million, while average daily traffic increased 2.2% to 2.6 million trips. Proportional EBITDA reached $3,110 million, supported by 6.7% toll revenue growth to $3,982 million. Corporate liquidity was $3.7 billion, with 87.8% of debt hedged. On 20 August 2026, Transurban announced DriveTN as best value proposer for Tennessee's I-24 Choice Lanes project. The 26-mile project will add lanes in both directions between Nashville and Murfreesboro. DriveTN, comprising Ferrovial, Transurban and Tikehau Star Infra, will design, build, finance, operate and maintain the project. Construction value is estimated at US$9.2 billion, with total concession value of US$24.8 billion. Financial close is expected in mid-2027. On 25 August 2026, revealed its intention to undertake an on-market share buy back worth up to $250 million. The plan is set to commence from 8 September 2026 and be executed within a year. Shares bought under the program will be cancelled. The move follows FY2026's strong result, ongoing cash generation and a strong balance sheet. AZJ secured a new long term coal haulage contract with BMA in Queensland on 17 August 2026. Starting 1 July 2028, the agreement can run for up to 12 years with annual volume flexibility of up to 37 million tonnes. It could extend the relationship to 2040. For FY2026, underlying EBITDA rose 9% to $1,724 million. The underlying NPAT increased 24% to $433 million. Full year dividends reached 23.0 cents per share, up 46%. For FY2027, underlying EBITDA is expected at $1,725-$1,775 million with dividends forecast at 23.0-24.0 cents per share. (Source: Company Report) Get your free report on Top 5 ASX Stocks on whatsapp. Instant Access. No Credit Card Required. 7-day free trial ASX Stock Research & Recommendations - 7-day free trial. Independent, analyst-driven insights. * Stock of the week report * Daily Analysis Report * No credit card required Get your FREE report. Discover the Top ASX Stocks to Invest In 2026! Expert Analysis of Top-Performing ASX Stocks Market Insights and In-Depth Research Buy, Sell, And Hold Recommendations

APA Group reported underlying EBITDA growth of 8.3% for fiscal year 2026, exceeding the midpoint of its guidance. The company's EBITDA margin expanded by 370 basis points to 77.9%, whilst free cash flow increased 3.2% to just over $1.1 billion. The energy infrastructure firm delivered $80 million in cost reductions during FY26, surpassing its $50 million target. Corporate costs fell 20.6%. APA Group paid distributions totalling $0.58 per security, marking its 22nd consecutive year of distribution growth. For FY27, the company provided underlying EBITDA guidance of $2.26 billion to $2.34 billion, representing 5.4% growth at the midpoint. The company expanded its organic growth pipeline from $3 billion to $3.5 billion for FY27-29, investing in projects including East Coast Gas Grid expansion and the Brigalow Peaking Power Plant. Asset sales generated $101 million in cash proceeds.

APA to build 104MWh battery storage system for Evolution Mining's Ernest Henry operations in Australia. August 20, 2026 APA Group has taken a final investment decision to construct, own and operate the 72MW Sybella Creek Solar Farm and a 52MW/104MWh battery energy storage system (BESS) in Mount Isa, Queensland, backed by an AU$259 million (US$168 million) investment. APA is an ASX-listed energy infrastructure company that owns and operates gas pipelines, power generation and other energy assets across Australia. The project is underpinned by an energy supply agreement with Ernest Henry Mining, a wholly owned subsidiary of Evolution Mining, running until mid-2046. Under the agreement, APA's existing Diamantina Power Station, a gas-fired facility, will provide firming capacity alongside the new solar and battery storage assets, supporting greater efficiencies at Diamantina while diversifying APA's customer base in Mount Isa. Construction is expected to begin in late 2026, with completion targeted for mid-2028. The final investment decision was announced alongside APA's FY26 results, in which the company reported underlying EBITDA up 8.3% to AU$2,183 million, exceeding the midpoint of its own guidance, and free cash flow up 3.2% to AU$1,118 million. APA delivered AU$80 million in cost-out initiatives against a AU$50 million target, and increased distributions for the 22nd consecutive year, with securityholders to receive 58.0 cents per security for FY26. Chief executive Adam Watson said Sybella Creek is expected to be value- and free cash flow-accretive, forming part of APA's remote grid growth strategy within a broader organic growth pipeline that grew to approximately AU$3.5 billion over the year, up from AU$3.0 billion. Watson said the pipeline would continue to be funded from APA's existing balance sheet, alongside AU$546 million already invested in growth projects during FY26, including the Brigalow Peaking Power Plant, an expansion of the East Coast Gas Grid, and the Sturt Plateau Pipeline, APA's first project in the Beetaloo Basin. A region working around a stalled transmission link. Sybella Creek adds to a run of energy investment in the North West Minerals Province, a mineral-rich region historically reliant on islanded diesel and gas generation due to the absence of a National Electricity Market (NEM) connection. That connection was meant to arrive via CopperString, a 1,100km transmission line from Townsville to Mount Isa, but cost estimates rose from AU$1.8 billion to more than AU$13.6 billion under the previous state government, prompting the current Crisafulli government to scale back the project and split it into an Eastern Link, targeted for 2032, and a Western Link that remains under assessment with no confirmed construction commitment. In response, Queensland established the AU$200 million North West Energy Fund, managed by Queensland Investment Corporation (QIC), to support localised energy solutions while the Western Link's future remains unresolved. QIC Infrastructure partner Arash Shojaie told ESN Premium that proposals need to stand on their own commercially, independent of the Western Link proceeding, with battery storage and other firming technologies expected to play a central role. Sybella Creek is not funded through the North West Energy Fund, but sits within the same broader push to bring lower-cost, more reliable power to the region's mining sector ahead of any NEM connection, pairing new renewable energy generation and storage with existing gas infrastructure to serve a single large industrial customer under a long-term supply agreement. It also adds to a wider pattern of battery storage scaling across Queensland's grid-connected network, where Quinbrook Infrastructure Partners' Supernode BESS near Brisbane became the largest operational battery storage system in the NEM in July 2026, reaching a combined 520MW/1,858MWh across its first two stages. Solar Media (part of Informa Group) will host the Battery Asset Management Summit Australia 2026 on 25-26 August at the Amora Hotel Jamison in Sydney, bringing together asset owners, operators, trading teams and optimisers to address revenue strategy, lifecycle management and operational performance across Australia's fast-growing battery storage fleet. Readers of Energy-Storage.news can get 20% off their tickets using the code ESN20 at checkout. Find out more about the Summit on the official website. 15 September 2026 San Diego, USA You can expect to meet and network with all the key industry players again in 2025 from major US asset owners, operators, RTOs and ISOs, optimizers, software and analytics providers, technical consultancies, O&M technology providers and more. 15 September 2026 Berlin, Germany Launching September 2026 in Berlin, Energy Storage Summit Germany is a new standalone event dedicated to Germany's energy storage market. Bringing together investors, developers, policymakers, TSOs, manufacturers and optimisation specialists, the Summit explores the regulatory shifts, revenue models, financing strategies and technology innovations shaping large-scale deployment. With Germany targeting 80% renewables by 2030, it offers a focused platform to connect with the decision-makers driving the Energiewende and the future of utility-scale storage. 6 October 2026 Warsaw, Poland The Energy Storage Summit Central Eastern Europe is set to return in September 2025 for its third edition, focusing on regional markets and the unique opportunities they present. This event will bring together key stakeholders from across the region to explore the latest trends in energy storage, with a focus on the increasing integration of energy storage into regional grids, evolving government policies, and the growing need for energy security.