Latest Renewables News

Xstate Resources has secured over $2 million from more than 300 new investors in its Re-compliance Prospectus offer, positioning itself for a potential return to ASX trading by early September.

Ampol Limited has announced a proposed $1.1 billion acquisition of EG Group Australia, significantly expanding its retail network and accelerating its U-GO brand rollout. The deal promises strong earnings accretion and cost synergies, pending regulatory approval.

Lucapa Diamond Company has entered a binding Deed of Company Arrangement with Dubai-based Gaston International, proposing full creditor repayment and a partial shareholder return above recent share prices. Creditors will vote on the plan on 20 August 2025.

WAM Capital Limited outperformed key ASX indices with a 22.2% portfolio increase in FY2025, declaring a strong 15.5 cents per share dividend that yields 9.1%.

Pro Medicus has delivered a landmark FY25 with soaring revenue and profit, driven by major contract wins and strategic cloud deployments. The company’s expanding North American footprint and AI initiatives set the stage for sustained growth.

Pro Medicus Limited reports a record-breaking year with $520 million in new contracts and a surge in cloud adoption, setting the stage for continued growth. The company also advances its AI and cardiology offerings, reinforcing its market position.

Carnegie Clean Energy launches a $3 million Share Purchase Plan to fuel commercialisation of its wave and MoorPower technologies, capitalising on growing global momentum in ocean energy.

FSA Group Limited reported a robust 43% increase in net profit for FY2025, alongside a steady 3% rise in loan origination and a 14% expansion in loan pools. The company declared a fully franked final dividend of 3.5 cents per share, signaling confidence in its growth trajectory.

Pro Medicus Limited has delivered a record-breaking FY2025 with soaring profits and a wave of major US healthcare contracts, setting the stage for continued expansion.

Carnegie Clean Energy Limited has launched a $3 million Share Purchase Plan offering eligible shareholders in Australia and New Zealand new shares at a 14% discount to the last closing price. The offer opens mid-August and closes in early September, aiming to bolster capital without requiring shareholder approval.

G50 Corp’s latest drilling results confirm a substantial polymetallic gold-silver-zinc deposit spanning 700 meters in Arizona, with promising gallium mineralization that could bolster strategic metal supply.

NEXTDC has expanded its senior debt facilities to A$6.4 billion, enhancing financial flexibility to support rapid expansion driven by record contract wins and rising demand for AI and cloud infrastructure.