on FAVEOS SE (ETR:C45)
FAVEOS SE Explores New Financing Strategies
FAVEOS SE, a German company, is currently exploring various financing strategies, specifically looking into both equity and debt options. This decision was made by the Management Board with the Supervisory Board's approval. The aim is to secure capital in the mid-double-digit million range by the end of 2026.
The funds are intended to support the company's Battery Energy Storage Systems (BESS) projects. These include both the development of self-initiated projects and the acquisition of BESS project rights. The company will engage independent advisors to assist in evaluating these financing options.
The exploration of these options is a strategic move to bolster the company's project implementation capabilities and financial health, focusing on expanding its presence in the energy storage sector.
R. E.
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