Pilot Energy Expands Projects and Secures Funding

Pilot Energy Limited (AU:PGY) has released an update.

Pilot Energy Limited has announced significant developments, including the expansion of its Cliff Head Carbon Storage Project and a non-binding offer to acquire the Three Springs Solar Project for $11.5 million. The company has also secured $3 million from a Commonwealth CCS Grant for its Mid West Clean Energy Project and completed a successful equity capital raise of $3.86 million to bolster its financial standing.

For further insights into AU:PGY stock, check out TipRanks’ Stock Analysis page.