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Hydrostor secures US$55M funding for Silver City project
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Hydrostor secures US$55M funding for Silver City project
Global long-duration energy storage (LDES) firm Hydrostor has secured US$55 million in funding from Export Development Canada (EDC) to support the development of its 200MW Silver City Energy Storage Centre project being built in Broken Hill, New South Wales. The transaction is comprised of a $55 million secured development expenditure credit facility provided by EDC to finance development expenditures and letter of credit requirements for Silver…
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