Strike Energy (ASX:STX) executed definitive financing documentation with Macquarie Group's (ASX:MQG) Macquarie Bank for a AU$217 million financing package, according to a Monday filing with the Australian bourse.
The package includes AU$162 million in committed funding to refinance existing debt and support the development of the South Erregulla Peaking Gas Power Station development, the filing said.
The balance is subject to Macquarie's credit approval and will be accessed as needed, the filing added.
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