Vast Renewables secures 35 million dollar convertible notes funding from Nabors Industries and Canberra Airport Group

Reuters
2025.10.10 12:00
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Vast Renewables Ltd. has secured US$3.5 million in convertible notes from Nabors Industries and Canberra Airport Group. This funding will aid in the development of the Port Augusta Green Energy Hub and the flagship Vast Solar 1 project, as well as support the company's international project pipeline. The investment is part of a larger capital raise involving institutional and strategic investors.