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Vulcan Energy Achieves Financial Close for Europe Project

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Vulcan Energy Resources (ASX:VUL) achieved financial close for the Lionheart project in Europe as part of the 2.2 billion euros equity and debt financing arrangements, according to a Thursday Australian bourse filing.

Lionheart involves the construction of an integrated lithium and renewable energy project in the Upper Rhine Valley brine field between Germany and France, targeting production capacity of 24,000 tonnes of lithium hydroxide monohydrate, with a co-product of 275 gigawatts-hour (GWh) of renewable power and 560 GWh of heat per annum for local consumers, over an estimated 30-year project life.

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HealthCo Healthcare and Wellness REIT Discloses Mount Private Hospital Agreement Between Healthscope, Bethesda Health Care

HealthCo Healthcare and Wellness REIT (ASX:HCW) said the Unlisted Healthcare Fund and troubled hospital operator Healthscope reached an agreement with Bethesda Health Care for the Mount Private Hospital in Western Australia, according to a Thursday filing with the Australian bourse.As part of the operator agreement, Healthscope will surrender its existing lease, and Bethesda will start its new long-term lease in the first quarter of fiscal 2027.The Western Australia state government will provide financial support to Bethesda to facilitate the transition of the Mount Private Hospital, while the state's public healthcare system will engage the hospital's facilities for services such as elective surgeries to help alleviate pressure on the public waiting list, per the filing.The face rent will remain unchanged, and the Unlisted Healthcare Fund will provide rental incentives in line with previous disclosures.Meanwhile, Healthscope's receiver has granted a due-diligence period to alternative operators for all 27 of its remaining hospitals as the parties work to ensure continuity of service and an orderly transition.HealthCo Healthcare said it has executable new lease agreements in place for 10 other Healthscope hospitals on a state-by-state basis with Healthe Care in Victoria, Acurio Health in New South Wales, and KnG Healthcare in Queensland.The company and Unlisted Healthcare Fund have received all the rent due from Healthscope through May.

$ASX:HCW
Asia

Australian Clinical Labs Names Group CEO

Australian Clinical Labs (ASX:ACL) said Greg Horan was appointed Group Chief Executive Officer and executive director, to succeed Melinda McGrath, according to a Thursday Australian bourse filing.Horan will join Australian Clinical Labs on June 1 as Group CEO-elect, and his term as Group CEO will take effect from Aug. 31.Horan was most recently CEO of Healthscope.

$ASX:ACL
Asia

SHAPE Australia Agrees to Acquire Retail Shopfitting Business

SHAPE Australia (ASX:SHA) agreed to acquire Australian Professional Shopfitters from Handa Manufacturing for up to AU$29.4 million, according to a Thursday filing with the Australian bourse.The transaction includes an upfront consideration of AU$20.4 million and up to AU$9 million in contingent consideration over a two-year earn-out period, the filing said.Consideration and transaction costs for the acquisition will be funded through cash and scrip, per the filing.

$ASX:SHA