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ReNu Energy Advances MBO Talks and Asset Sale Amid Strategic Shift

6:15pm on Sunday 1st of June, 2025 AEST Energy
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ReNu Energy Advances MBO Talks and Asset Sale Amid Strategic Shift

6:15pm on Sunday 1st of June, 2025 AEST
Key Points
  • Management buyout proposal received for Countrywide Hydrogen
  • Sale of geothermal assets to Hydro Lit for $700,000
  • Suspension of flagship Hydrogen HyWay#1 project progress
  • Ongoing strategic transaction discussions requiring ASX re-compliance
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