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Strike Energy Secures $162M Credit Approval to Power South Erregulla Project
6:41pm on Sunday 1st of June, 2025 AEST
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Energy
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Strike Energy Secures $162M Credit Approval to Power South Erregulla Project
6:41pm on Sunday 1st of June, 2025 AEST
Key Points
Macquarie Bank approves $162 million of $217 million financing package
Funds to refinance existing debt and support South Erregulla Power Project
Financing includes $49 million asset facility for gas engine procurement
Remaining $55 million funding tranches subject to future credit approvals
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