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How Genesis Energy’s $400m Raise Fuels Renewable Growth and Market Flexibility
7:44am on Monday 23rd of February, 2026 AEDT
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Energy
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How Genesis Energy’s $400m Raise Fuels Renewable Growth and Market Flexibility
7:44am on Monday 23rd of February, 2026 AEDT
Key Points
Record H1 FY26 normalised EBITDAF of NZ$307 million, up 38%
NZ$400 million equity raise comprising NZ$100 million placement and NZ$300 million rights offer
Key renewable projects: Edgecumbe solar FID, Rangiriri solar acquisition, Mt Cass wind PPA
Maintained BBB+ credit rating with stable outlook
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GENESIS ENERGY (ASX:GNE)
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