Fluence Corporation Limited (AU:FLC) has released an update.
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Fluence Corporation Limited has successfully repaid the $30.3 million Upwell Facility loan and the Bimini Project Loan, terminating the Upwell Facility and freeing all related collateral. The company has also secured a new, more favorable $15 million Revolving Facility for working capital and future projects, reflecting a strategic financial restructuring aimed at fostering growth and operational flexibility.
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