middle.news
HPP and Red Earth Energy Storage Merge in $40M Deal to Power Australia’s Battery Future
2:55am on Saturday 30th of August, 2025 AEST
•
Energy
Read Story
HPP and Red Earth Energy Storage Merge in $40M Deal to Power Australia’s Battery Future
2:55am on Saturday 30th of August, 2025 AEST
Key Points
Binding agreement for HPP to acquire Red Earth via share exchange
Loan of up to A$2.5 million to support Red Earth’s expansion amid government rebates
Combined group valued at A$40 million with HPP shareholders holding ~17.5%
Target ASX relisting of merged entity by Q1 2026, subject to market conditions
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
HPP
OPEN ARTICLE