Vast Receives Equity Commitment for up to USD $10 Million From Canberra Airport Group

SYDNEY & HOUSTON--(BUSINESS WIRE)--Vast Solar Pty Ltd (Vast), a world-leader in concentrated solar thermal power (CSP) energy systems, today announced that it has entered into a subscription agreement with Canberra Airport Group (Canberra Airport) to purchase up to USD $10 million of Vast ordinary shares at an approximate price of USD10.20 per share through an investment vehicle. The agreement is subject to closing of the previously announced business combination between Vast and Nabors Energy