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How Will Synertec’s A$4m Debt Boost Accelerate Its Renewable Microgrid Ambitions?

4:42pm on Friday 29th of August, 2025 AEST Technology
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How Will Synertec’s A$4m Debt Boost Accelerate Its Renewable Microgrid Ambitions?

4:42pm on Friday 29th of August, 2025 AEST
Key Points
  • Debt facility extended by A$4 million, total now A$19 million
  • Immediate access to A$2.5 million tranche, with a further A$1.5 million tranche subject to approval
  • Facility supports working capital and rollout of Synertec’s Powerhouse renewable microgrid
  • 7.8 million warrants issued to Altor Capital as part of the deal
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