CWE carnegie wave energy limited
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News: CWE Carnegie Wave Energy signs debt financing agreement

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    21/10/16
    09:26
    Post #: 20018987

    Oct 21 (Reuters) - Carnegie Wave Energy Ltd (CWE) :

    • Signed a $3.69 mln debt financing agreement
    • Financing agreement to support world's first solar, battery and wave integrated microgrid project
    • Carnegie's existing $21 mln undrawn senior secured debt facility with Commonwealth Bank of Australia has been placed on standby
    • New convertible notes have an 8% p.a. Coupon
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