EQTEC plc (GB:EQT) has released an update.
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EQTEC plc, a leader in waste-to-value energy solutions, has successfully received the full £2 million settlement from Logik Developments, finalizing all terms of their agreement. A quarter of the funds will be allocated to reduce existing secured Term Loan balances, with the remainder bolstering general working capital and advancing the company’s strategic plans. This financial boost is set to enhance EQTEC’s implementation of clean energy projects globally.
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