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How MPower’s $10M Narromine Equity Swap Could Spark Renewable Growth

4:10pm on Monday 26th of January, 2026 AEDT Renewable Energy
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How MPower’s $10M Narromine Equity Swap Could Spark Renewable Growth

4:10pm on Monday 26th of January, 2026 AEDT
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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