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MPR Sells Renewable Assets for $19M, Eyes Capital Return or New Ventures

2:31pm on Tuesday 25th of November, 2025 AEDT Energy
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MPR Sells Renewable Assets for $19M, Eyes Capital Return or New Ventures

2:31pm on Tuesday 25th of November, 2025 AEDT
Key Points
  • Sale of MPower’s renewable platform and Lakeland Solar & Storage Project for $19 million
  • Full repayment of liabilities and retention of surplus cash post-sale
  • Directors Bob Constable and Amy Kean resign following transaction completion
  • Company considering capital return, backdoor listing, or a combination
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