Frontier Energy Limited (AU:FHE) has released an update.
Frontier Energy Limited is advancing in its debt financing efforts for the Waroona Renewable Energy Project, with key appointments and procurement contracts well underway, and credit terms expected by July. The company has seen a reduction in the cost of crucial capital items like solar panels and batteries, and remains on course for a Financial Investment Decision in the third quarter of 2024. CEO Adam Kiley expressed confidence in meeting due diligence requirements and securing the necessary funding that aligns with their Definitive Feasibility Study projections.
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