LPE locality planning energy holdings limited

Ann: LPE FULLY FUNDED THROUGH DEBT FACILITY, page-2

  1. PZ.
    718 Posts.
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    Locality Planning Energy Holdings Limited (ASX: LPE) (the Company) is pleased to announce that a debt facility has been secured. The company now has the ability to fully fund the capital infrastructure expenditure to reach the 450GWh target of energy under management.
    Facility details
     Initial Facility is for $10 million at interest rate of 7.9%pa
     Full funding of the capital infrastructure requirements to achieve 450GWh
     Security is by way of Company Guarantee on the individually deployed infrastructure.
 
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