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The funds will be used to install a wave energy device at Torbay, 20km west of Albany.

$31m for Albany wave farm

Carnegie Clean Energy has secured $16 million from the state government for a wave energy project at Albany, while also gaining conditional approval from the federal government to transfer nearly $12 million earmarked for its Garden Island project to Albany.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 29/03/18

1 year TSR5 year TSR
184thGoldfields Money57%14%
320thHotCopper Holdings19%0%
557thAuctus Alternative Investments-18%0%
586thAustralian Agricultural Projects-25%27%
720thCarnegie Clean Energy-49%1%
716 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

25/10/17
$372k Sold
24/04/17
$5k Bought
24/04/17
$10k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

96th↑Carnegie Clean Energy$5.3m
101st↓Goldfields Money$4.2m
102nd↓Auctus Alternative Investments$4.2m
105th↑HotCopper Holdings$4.0m
106th↓Australian Agricultural Projects$3.6m
236 listed industrial companies ranked by revenue.
Source: Morningstar

Remuneration from Carnegie Clean Energy

108thMichael Ottaviano$728k
363rdGrant Mooney$159k
836thKieran O'Brien$138k
Ranked by total remuneration from all listed WA companies

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