Carnegie Clean Energy Ltd (AU:CCE) has released an update.
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Carnegie Clean Energy Ltd has secured an Export Growth Bond Facility from Export Finance Australia to support its ACHIEVE Programme in deploying CETO wave energy technology in Spain. This financial arrangement will provide advanced payment guarantee bonds, facilitating the cash flow needed for the project’s construction and deployment. The move highlights the growing interest in ocean energy and Carnegie’s commitment to expanding its technology in the European market.
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