Kalina Power Progresses on Strategic Energy Projects

Kalina Power Limited (AU:KPO) has released an update.

Kalina Power Limited has reported positive advancements in securing funding for its natural gas-fired Combined Cycle Power Plants with Carbon Capture and Sequestration, as well as potential investment in its Saddle Hills project. The company has made significant progress, including discussions with EPC partners and securing framework agreements, with the support of federal and provincial rebates enhancing project economics. Additionally, a short-term loan contributed to the company’s cash reserves, with a focus on strategic negotiations to benefit shareholders.

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