Carnegie Clean Energy Secures $2.5M Loan for Project
Company Announcements

Carnegie Clean Energy Secures $2.5M Loan for Project

Carnegie Clean Energy Ltd (AU:CCE) has released an update.

Carnegie Clean Energy Ltd has secured a $2.5 million loan to fund its ACHIEVE Programme, ensuring smooth cash flow for the project’s development and deployment phases. This financial backing will facilitate the procurement for deploying the CETO wave energy technology in the Basque Country, Spain. The loan arrangement includes a 15% interest rate and an option to repay early without penalty.

For further insights into AU:CCE stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskCarnegie Clean Energy Extends Partnership with HPE
TipRanks Australian Auto-Generated NewsdeskCarnegie Clean Energy Adds Resolution to AGM
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App