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Why Is MPower Selling Its Core Assets for $19 Million Amid a $4.1M Loss?
4:29am on Saturday 30th of August, 2025 AEST
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Energy
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Why Is MPower Selling Its Core Assets for $19 Million Amid a $4.1M Loss?
4:29am on Saturday 30th of August, 2025 AEST
Key Points
Binding sale agreement with Wollemi Energy Group for $19 million
Main assets classified as held for sale, including Lakeland Solar & Storage Project
Net loss of $4.105 million for FY2025, driven by discontinued operations
Continuing operations show no revenue and $0.3 million in corporate costs
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Mpr Australia (ASX:MPR)
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