CEFC Investment Mandate, page-4

The CBA Funding announcement was released to the market on the day of the Melbourne roadshow.
Director Jeffrey Harding commented the funding was renegiated on more favourable terms for CWE.
Coming from a director that took Pacific Hydro from tens of millions MC, to over a one billion dollar MC when sold, I would have at a guess he knows a thing or two about finance.

CWE is also the only wave energy company to ever secured funding on commercial terms.