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GenusPlus Raises $200M Placement to Acquire MPC Kinetic in Strategic Expansion
9:16am on Wednesday 20th of May, 2026 AEST
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Utilities
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GenusPlus Raises $200M Placement to Acquire MPC Kinetic in Strategic Expansion
9:16am on Wednesday 20th of May, 2026 AEST
Key Points
Acquisition valued up to A$400 million
Placement raises A$200 million at $9.25 per share
Pro-forma EPS accretion around 59%
Strategic diversification into gas and water sectors
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