Carnegie has secured an Export Growth Bond Facility (facility) with Export Finance Australia (EFA). EFA, the Australian Government’s official export credit agency, helps Australian businesses expand and advance projects internationally by offering bond solutions to Australian exporters.
EFA will provide advanced payment guarantee bonds that enable Carnegie Technologies Spain to draw down grant payments for the ACHIEVE Programme’s CETO deployment at the Biscay Marine Energy Platform (BiMEP) in the Basque Country. The Company has signed an Offer Letter and General Security Deed for this facility. 

To view more details on the ACHIEVE Programme and the EFA Bond Facility: CLICK HERE FOR THE FULL ASX ANNOUNCEMENT