EQTEC has accepted the offer of a loan with an up to 75% LTV on an existing waste to energy project in development in Greece. We think this shows that EQTEC’s technology is now able to demonstrate a commercial maturity ahead of most others in the sector. With the additional potential for funding support under the Recovery and Resilience Facility, the potential for both this and other EQTEC projects in Greece is strong.

21 Jun 2022
EQTEC - Debt Finance for Greek Project

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EQTEC - Debt Finance for Greek Project
EQTEC PLC (EQT:LON) | 0.6 0 0.0% | Mkt Cap: 4.55m
- Published:
21 Jun 2022 -
Author:
Adam Forsyth -
Pages:
6 -
EQTEC has accepted the offer of a loan with an up to 75% LTV on an existing waste to energy project in development in Greece. We think this shows that EQTEC’s technology is now able to demonstrate a commercial maturity ahead of most others in the sector. With the additional potential for funding support under the Recovery and Resilience Facility, the potential for both this and other EQTEC projects in Greece is strong.