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ReNu Energy Advances MBO Talks and Asset Sale Amid Strategic Shift
11:21am on Friday 31st of January, 2025 AEDT
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Energy
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ReNu Energy Advances MBO Talks and Asset Sale Amid Strategic Shift
11:21am on Friday 31st of January, 2025 AEDT
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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