- Full project financing is targeted to commence in November, following the completion of the Bridging Study, completion of the ESIA and securing the final critical land package (Figure 1).
- Debt financing will be led by BNP Paribas, after the successful market-sounding process conducted earlier in the year, which resulted in significant in-principle support from European Export Credit Agencies (ECAs).
- Equity financing will be targeted at the project level, following interest from multiple strategic corporates from the energy, chemicals and automotive sectors.
- Public funding is also in the process of being applied for to assist with the overall funding requirement.
Full project financing is targeted to commence in November,...
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