"This financing deal will replace the existing $20 million loan facility Carnegie has with the Australian’s Government’s Clean Energy Finance Corporation (CEFC)."
I guess they needed to replace the CEFC loan because most of what they want to do will be done overseas.
That and the fact that MO will be based in the UK, points to "not very much happening" at Garden Island for a while.
Ann: CWE and CBA complete Australia's first commercial bank funde, page-2
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