Frontier Energy Adapts to Financing Shifts

Frontier Energy Limited (AU:FHE) has released an update.

Frontier Energy Limited’s Waroona Renewable Energy Project, despite being excluded from the Australian Energy Market Operator’s final Reserve Capacity Credits due to a capacity surplus, remains optimistic with record-high energy prices and is exploring alternative financing methods, such as bonds and equipment financing. The company is also awaiting outcomes from the Federal Government’s Capacity Investment Scheme and is working on an updated Definitive Feasibility Study to capitalize on reduced capital costs for fixed equipment.

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