Chariot Oil & Gas (GB:CHAR) has released an update.
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Chariot Limited has secured a $100 million guarantee finance facility from British International Investment and GuarantCo to support Etana Energy’s renewable projects in South Africa. This financial backing is poised to unlock up to $500 million in new renewable energy developments, potentially adding 500MW of wind and solar power. This strategic move aligns with Chariot’s mission to expand its renewable energy footprint in Africa.
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