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Why MPower Group Is Selling Its Renewable Energy Business for $19 Million

4:02pm on Thursday 31st of July, 2025 AEST Energy
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Why MPower Group Is Selling Its Renewable Energy Business for $19 Million

4:02pm on Thursday 31st of July, 2025 AEST
Key Points
  • Binding sale agreement with Wollemi Energy for $19 million cash
  • Includes Lakeland Solar & Storage Project and project pipeline
  • All MPower employees offered roles with buyer
  • Sale completion expected August 2025, subject to conditions
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