Latest Energy Sector News

Eureka Group Holdings has acquired Benalla Tourist Park, marking its first all-age rental community in Victoria with strong yield and development potential.

Downer EDI Limited has landed a substantial $750 million contract with Chevron Australia to provide maintenance and support services at key Western Australian energy facilities over up to 15 years.

NRW Holdings showcased strong FY25 proforma results and ambitious FY26 guidance at the UBS Conference, underpinned by strategic acquisitions and a diversified portfolio. The company’s growth strategy focuses on expanding capabilities in energy transition and infrastructure markets across Australia, New Zealand, and North America.

AGL Energy has agreed to divest 19.9% of its 20% stake in Tilt Renewables for $750 million, reinforcing its strategy to recycle capital and invest in flexible energy capacity while maintaining a strategic partnership.

Monadelphous Group Limited has raised its revenue guidance for 2025, buoyed by strong contract awards and elevated activity across its engineering and construction divisions.

Lithium Universe has signed a strategic MOU with Taiwan’s RePV Tech to collaborate on advanced silver extraction from recycled solar panels, aiming to transform photovoltaic waste into valuable resources.

Greenvale Energy Ltd has had its trading suspension lifted immediately following the release of a capital raise announcement, signaling renewed market activity for the energy company.

Verbrec Limited is streamlining its business by selling its Competency Training division for $11.5 million and acquiring Alliance Automation for $5.5 million, significantly boosting its digital and automation capabilities.

Melbana Energy’s latest drilling at Amistad-2 in Cuba reveals excellent reservoir quality but disappointingly no oil production, prompting a strategic pivot in exploration plans.

KALiNA Power’s Canadian arm has completed a CAD$18 million transfer of allocated megawatts to Greenlight and its global data centre client, marking a significant milestone in its Alberta power projects.

Greenvale Energy Ltd has voluntarily suspended its shares on the ASX to finalize a capital raising, with trading expected to resume following an imminent announcement.

StepChange Holdings has officially entered the US market by establishing a Houston hub and securing an initial project with Woodside Energy, marking a significant step in its international growth strategy.