This wont be a capital raise, it will be debt to fund WSG and Project Atlas along with current cash.
Originally EIG were brought on board for some equity but also $300m of project finance, i suspect this amount/facility will be higher and be company specific rather than tied to a specific project.
should result in a more flexible, bigger and cheaper form of debt which reduces any capital raising risj.
Ann: Surat Basin gas projects advance on milestone achievements, page-5
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