Pacific Green Technologies gets A$77M debt facility for battery storage business in Australia

1 hour ago 1
  • Pacific Green Technologies (OTCQB:PGTK) said that its Australian battery energy storage business completed a financing raise with the Longreach Credit Investors and Australian Philanthropic Services Foundation.
  • The syndicated facility provides up to A$77 million over a 24-month period to fund the development of a 7 GWh pipeline and expand the platform within the Australian market.

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