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

Reuters

Oct 10

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

Vast Renewables Ltd. has successfully closed a US$3.5 million convertible notes placement with two of its largest and longest-standing investors, Nabors Industries and Canberra Airport Group. The funding will support the delivery of Vast's Port Augusta Green Energy Hub, including its flagship utility-scale long duration energy storage project, Vast Solar 1 (VS1), as well as the development of the company's international project pipeline. This investment is part of a broader capital raise in which Vast is engaging with leading institutional and strategic investors.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Vast Renewables Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9543213-en) on October 10, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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ID: GNW9543213-en) on October 10, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"VSTTF","symbol_name":"Vast Renewables Limited","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251010:nNDL4P3xGW:1","article_id":"2574717535","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2574717535","pubTimestamp":1760097611,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Vast Renewables Ltd. has successfully closed a US$3.5 million convertible notes placement with two of its largest and longest-standing investors, Nabors Industries and Canberra Airport Group. 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