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Carnegie Raises $2.5 Million to Scale CETO Wave Energy in Europe and US

9:23am on Wednesday 22nd of July, 2026 AEST Renewable Energy
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Carnegie Raises $2.5 Million to Scale CETO Wave Energy in Europe and US

9:23am on Wednesday 22nd of July, 2026 AEST
Key Points
  • Placement raises $2.5 million at 18 cents per share
  • Funds target multi-megawatt CETO array development at BiMEP
  • New UK and European investors join register
  • Proceeds support ACHIEVE Programme deployment and MoorPower pilot
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