Genex Power Strengthens Position with Refinancing

Genex Power Ltd. (AU:GNX) has released an update.

Genex Power Limited has announced the successful refinancing of its solar projects, securing a new $162 million senior debt facility with better terms, thanks to the solid performance of its solar assets. The refinancing, advised by MUFG Advisory and Allens, strengthens Genex’s financial position and supports its ongoing dedication to sustainable energy development in Australia. The transaction demonstrates lenders’ confidence in Genex’s capacity to manage high-quality renewable projects.

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