Latest Renewables News

AGL Energy reported a statutory loss for FY25 but maintained solid underlying profits, while setting ambitious growth and sustainability targets for FY26. The company’s evolving strategy highlights investments in battery storage and renewable capacity as it adapts to market challenges.

Dexus Industria REIT has upgraded its FY25 financial guidance, reporting strong profit growth and advancing its transition to a focused industrial portfolio. The REIT’s robust leasing activity and development pipeline underpin a confident outlook for FY26.

Evolution Mining has delivered a landmark FY25 with soaring profits, a hefty dividend boost, and strong sustainability gains, setting the stage for continued growth in FY26.

AGL Energy Limited posted a statutory loss of $98 million for FY25, while underlying profit declined 21.2% to $640 million. The company reaffirmed its commitment to a renewable energy transition with a 9.6 GW development pipeline and declared a fully franked final dividend of 25 cents per share.

The Tanzanian Mining Commission has granted consent for Shenghe Resources to acquire all remaining shares in Peak Rare Earths, advancing a major consolidation in the rare earths sector. The deal still awaits shareholder and regulatory approvals before completion.

Peppermint Innovation Ltd has launched direct InstaPay integration, enhancing real-time digital payments and securing a key Merchant Acquisition Licence from the Bangko Sentral ng Pilipinas, positioning itself for growth in the Philippine market.

Amotiv Limited reported a modest 1% revenue increase to $997.4 million in FY25 but posted a net loss of $106.3 million, driven by a significant $200.4 million impairment. The company declared a fully franked final dividend of 22 cents per share and outlined strategic initiatives to navigate ongoing market challenges.

Arena REIT reports robust FY2025 financial results marked by earnings growth, a strengthened portfolio, and significant progress on sustainability targets, while guiding higher distributions for FY2026.

Treasury Wine Estates reported a robust FY25 with luxury labels Penfolds and DAOU leading growth, while announcing a $200 million share buyback and forecasting further earnings gains despite distribution challenges in California.

Treasury Wine Estates posts robust FY25 results led by luxury brands Penfolds and DAOU, while unveiling a new operating model and CEO transition.

Insurance Australia Group (IAG) reported a robust FY25 with strong premium growth, improved margins, and strategic acquisitions pending regulatory approval. The company projects continued growth and margin stability into FY26.

Insurance Australia Group Limited (IAG) reported a 51.3% rise in net profit after tax for FY25, supported by premium growth, improved margins, and key strategic alliances. The company also advanced its sustainability agenda with full renewable energy procurement and emissions reductions.