Fluence Corporation Limited (AU:FLC) has released an update.
Fluence Corporation Limited has successfully repaid the $30.3 million Upwell Facility loan and the Bimini Project Loan, terminating the Upwell Facility and freeing all related collateral. The company has also secured a new, more favorable $15 million Revolving Facility for working capital and future projects, reflecting a strategic financial restructuring aimed at fostering growth and operational flexibility.
For further insights into AU:FLC stock, check out TipRanks’ Stock Analysis page.