Liberty Resources Limited [LBY] - Liberty Enters Exclusive Partnership with ATEC Rail & Transport Group
Liberty Resources Limited ('Liberty') is pleased to announce that it has entered into a Memorandum of Understanding (MOU) with Australian Transport and Energy Corridor Limited (ATEC).
The objective of the MOU is to finance and jointly develop complementary energy and transportation projects in Queensland. By working together, the Partners believe this will not only enhance the ability to fund large projects in Queensland but will also support the establishment of energy projects that are owned, managed or operated by Liberty.
Foreign investors wishing to fund resource projects in Australia seek both security of supply and security of infrastructure, such as rail. ATEC’s rail infrastructure projects and Liberty’s resource projects will enhance value for Liberty, ATEC and foreign investors alike.
Liberty’s Managing Director, Andrew Haythorpe said, “There is great synergy between Liberty and ATEC, bringing together different skill sets to deliver successful outcomes. After the Global Financial Crisis, Asian based customers have emerged as leading providers of project financing in order to satisfy their thirst for Australian energy. This move enhances our appeal in the eyes of foreign investors and customers alike.”
Liberty Resources Limited ('Liberty') is pleased to announce that it has entered into a Memorandum of Understanding (MOU) with Australian Transport and Energy Corridor Limited (ATEC).
The objective of the MOU is to finance and jointly develop complementary energy and transportation projects in Queensland. By working together, the Partners believe this will not only enhance the ability to fund large projects in Queensland but will also support the establishment of energy projects that are owned, managed or operated by Liberty.
Foreign investors wishing to fund resource projects in Australia seek both security of supply and security of infrastructure, such as rail. ATEC’s rail infrastructure projects and Liberty’s resource projects will enhance value for Liberty, ATEC and foreign investors alike.
Liberty’s Managing Director, Andrew Haythorpe said, “There is great synergy between Liberty and ATEC, bringing together different skill sets to deliver successful outcomes. After the Global Financial Crisis, Asian based customers have emerged as leading providers of project financing in order to satisfy their thirst for Australian energy. This move enhances our appeal in the eyes of foreign investors and customers alike.”
No comments:
Post a Comment