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Enerji lands ECM deal

ENERJI has secured a subscription agreement and strategic partnership with construction and maintenance company ECM that will bring the waste heat to energy player funds and technical and strategic expertise and help it complete its first job.

Noel Dyson
Enerji has shored up its plan to put its heat-to-energy technology at Jundee.

Enerji has shored up its plan to put its heat-to-energy technology at Jundee.

Under the deal ECM is subscribing to a $2.5 million share placement at a price of 1.5c a share. ECM will also provide a $2 million convertible note facility to Enerji with a three-year maturity, an 10%...

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