Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

BRIEF-Photon Energy announces 34 MWp Australian projects

Published 02/12/2016, 07:23 pm
Updated 02/12/2016, 07:40 pm
© Reuters.  BRIEF-Photon Energy announces 34 MWp Australian projects

Dec 2(Reuters) - Photon Energy NV PENP.WA :

* Said on Thursday that two of its Australian photovoltaic projects under development with a planned combined installed capacity of 34 MWp are expected to be fully permitted and ready-to-build by mid-2017

* The total investment is projected at AUD 48.3 million ($35.80 million) and Photon Energy expects a project return above 8 pct over the plants' operating lives

* Photon Energy to finance the construction of the Leeton and Environa plants with a bond issue

* Will issue 7-year bonds worth CZK 1.05 billion ($41.44 million) in the Czech Republic, bonds to bear 6 pct annual interest rate

Source text for Eikon: company coverage: PENP.WA

($1 = 1.3492 Australian dollars) ($1 = 25.3400 Czech crowns) (Gdynia Newsroom)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.