Core Insights - Eco Wave Power Global AB has signed a Letter of Intent (LOI) with Wavefront Asset Management Limited to facilitate financing for wave energy projects [1][2] - The LOI aims to support the transition from pilot projects to commercial-scale deployments of Eco Wave Power's wave energy technology [2][8] Financing Solutions - Wavefront is expected to provide structured equipment financing and leasing solutions, potentially covering up to 100% of equipment and installation costs [4][5] - The financing arrangements will allow for flexibility in transaction sizes, accommodating various project scales and customer profiles [4][5] Collaboration Details - Eco Wave Power may introduce customers to Wavefront for financing, with Wavefront acting as a funder and lessor [3][6] - The LOI has an initial term of 36 months and is intended to create efficient financing solutions for Eco Wave Power's global customer base [6][8] Strategic Importance - The collaboration is seen as critical for reducing financing barriers and accelerating the commercialization of wave energy technology [7][8] - Eco Wave Power is expanding its global presence with projects in Israel, the United States, Europe, and Asia, supported by strategic financing partnerships [8][11]