Looking through previous projects funded by ARENA, they typically provide about half the cost of the project.
As the CDP will cost about $15 million, HZR will need to find about $7m or $8m.
Given that the project will be attached to a state owned facility, I would expect the WA government would be contributing as well.
Hazer will also be due to get some more ATO research and development incentive paid back before the project is built.
If debt funding is required, it should be relatively small.
"We've announced a $15 million capital estimate for that plant, and we're going to seek to fund that through both grant funding, market funding, and possibly some debt funding.”
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