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How MPower’s $10M Narromine Equity Swap Could Spark Renewable Growth
4:07pm on Wednesday 30th of April, 2025 AEST
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Renewable Energy
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How MPower’s $10M Narromine Equity Swap Could Spark Renewable Growth
4:07pm on Wednesday 30th of April, 2025 AEST
Key Points
Narromine project equity fully converted to AMPYR, extinguishing $10.36 million debt
Expected $700,000 gain on deconsolidation of Narromine asset
Sale agreement reached for Faraday Renewable Energy Project development assets
Additional finance facilities secured to support ongoing operations
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