Frontier Energy Limited (AU:FHE) has released an update.
Frontier Energy Limited has secured a $215 million senior debt financing from specialist fund Infradebt for Stage One of its Waroona Renewable Energy Project, which includes a 120MW solar facility and a sizeable battery storage system. The funding features a 17-year tenor and a unique repayment plan to optimize the project’s financial performance, with long-term plans for Infradebt to support subsequent Frontier battery projects. This strategic financing move, favored over multiple other proposals for its attractive terms, propels Frontier Energy as a significant player in Australia’s renewable infrastructure.
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