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Eco Wave Power Global Strikes Letter Of Intent With Wavefront Asset Management To Offer Structured Equipment Financing And Leasing Solutions

Benzinga·02/10/2026 13:33:37
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Eco Wave Power Global AB (NASDAQ:WAVE) ("Eco Wave Power" or the "Company"), a global leader in onshore wave energy technology, today announced that Eco Wave Power Ltd. has signed a Letter of Intent ("LOI") with Wavefront Asset Management Limited ("Wavefront" or "WAM"), a UK-based asset management firm specializing in the financing of environmental and sustainable maritime assets.

Under the LOI, Wavefront is expected to provide structured equipment financing and leasing solutions to support the deployment of Eco Wave Power's proprietary wave energy generation equipment across its global project portfolio. The arrangement is intended to facilitate customer access to flexible financing solutions for wave energy installations, supporting Eco Wave Power's transition from pilot and demonstration projects to commercial-scale deployments.