Carnegie Clean Energy (ASX:CCE) signed a deed of variation to extend the maturity date of the AU$2.5 million loan agreement with Ballamena ATF Ellann Finance Unit Trust to June 30, 2027, according to a Thursday filing with the Australian bourse.
The funds have been used by the company's subsidiaries for procurement expenses related to the Achieve program's deployment of the CETO wave-energy technology in the Basque Country, Spain, the filing said.
Shares rose nearly 3% in midday trade Thursday.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments