What impact will project have on the company's WACc?

The project's impact on the company's Weighted Average Cost of Capital (WACC) will depend on how it influences the risk profile and capital structure. If the project is perceived as high-risk, it may increase the cost of equity, thereby raising the WACC. Conversely, if the project is expected to generate stable cash flows, it could lower the perceived risk and decrease the WACC. Ultimately, the net effect will hinge on the project's risk-adjusted returns compared to the company’s existing operations and financing costs.