DUET Group
(ASX:DUE) has announced it has established a $150 million debt facility.
DUET Group which invests in energy utility assets says the 2-year revolving corporate debt facility is held with Westpac Banking Corporation
(ASX:WBC).
The loan provides DUET Group with funding capacity, in addition to its corporate cash position.
DUET Group says it plans to use the funds for growth opportunities in the group.
DUET Group
(ASX:DUE) posted a net profit of $217.18 million at 30 June 2016.
