Australia's Frontier Energy gains on potential funding options for WA project
04/10/2024 02:29
** Shares of renewable energy co Frontier Energy FHE.AX
rise 13.6% to A$0.125, set for best day since March 4, if gains
hold
** FHE says it has commenced discussions for multiple
non-dilutive funding options for the stage 1 development of its
Waroona Renewable Energy Project in Western Australia
** Co says it is in discussions with a European investment
bank that specialises in international debt capital market
issues to the energy sector
** FHE stock down ~70% YTD
(Reporting by Ayushman Ojha in Bengaluru)
((Ayushman.ojha@thomsonreuters.com))
Recent news on Frontier Energy
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Brief: Frontier Energy Appoints Monford As Fixed-Price EPC Contractor
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Australia's Frontier Energy falls on discounted placement