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Neoen Secures Major Financing for Australian Expansion
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Neoen Secures Major Financing for Australian Expansion

Neoen SA (FR:NEOEN) has released an update.

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Neoen SA has secured an additional 1.4 billion Australian dollars in debt financing, doubling its financial backing for renewable energy projects in Australia. This new funding, supported by 11 lenders, will help finance a diverse portfolio of solar, wind, and storage assets, strengthening Neoen’s position as a leader in renewable energy production. The company aims to leverage this financing to further expand its projects and accelerate the energy transition in Australia.

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