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Carnegie Clean Energy Limited (ASX:CCE)

ALERT: Price-sensitive ASX Announcement for CCE
Current share price for CCE : $0.350 0.28 (400%)+
Announcement
Release
31 Oct 2025 9:50AM
Price at Release
$0.070
Full Release
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Summary
The quarterly report for Carnegie Clean Energy Limited (CCE) for the period ending 30 September 2025 highlights significant achievements and financial activities. CCE has been selected as a key technology partner in the €4 million COIN project, fully funded under the Horizon Europe Programme, and has raised $2.116 million through a Share Purchase Plan. The company completed key manufacture milestones for the ACHIEVE Programme, particularly in the deployment of CETO technology. CCE also participated in a Ministerial Roundtable to showcase wave energy technology solutions for the defense industry and hosted an investor webinar. Financially, the company reported a net cash flow from financing activities of $1,875,000, ending the quarter with $3,032,000 in cash reserves. Payments to related parties totaled $67,000 during the quarter. Carnegie's strategic focus remains on developing wave-powered solutions to support a transition to sustainable clean energy, particularly through its CETO and MoorPower technologies.
Key Points
  • Selected as key technology partner in €4 million COIN project under Horizon Europe Programme.
  • Raised $2.116 million from a Share Purchase Plan.
  • Completed manufacture milestones for CETO deployment in the ACHIEVE Programme.
  • Participated in Ministerial Roundtable for showcasing wave energy technology.
  • Hosted a successful investor webinar.
  • Reported $1,875,000 in net cash flow from financing activities.
  • Ended the quarter with $3,032,000 in cash reserves.
  • Payments to related parties totaled $67,000.
  • Focus on developing wave-powered solutions through CETO and MoorPower technologies.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.