Frontier Energy Limited (AU:FHE) has released an update.
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Frontier Energy Limited is pursuing various non-dilutive financial options for the Waroona Renewable Energy Project, including bonds, equipment supplier financing, and sale and leaseback deals. The company is engaged with an energy specialist European investment bank and is expecting an updated Definitive Feasibility Study in Q4 2024 that will influence funding terms and leverage. These flexible funding strategies aim to capitalize on forecasted energy price rises without diluting shareholder equity.
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