Odd choice IMO when a large amount of funding isn't for australian companies, also currency risk, WPL reports in USD, CNE and Petrosen won't be happy if currency changes meaning more debt to repay, or possibly having to increase borrowing limit. Maybe it's how FAR want to fund their share?
The overall research is pretty poor, WPLs subsideries paid AU$500m in tax 2016-17 FY + 250m royalties and PRRT.