Latest Renewables News

Infragreen Group Limited has reported a strong FY25 performance, exceeding prospectus forecasts with $18.6 million in pro forma EBITDA and a successful $40 million IPO. The company projects robust growth in FY26, driven by organic expansion and strategic acquisitions in sustainable infrastructure.

Webjet Group has received a revised non-binding takeover offer from BGH Capital at A$0.91 per share, up from a previous A$0.80 bid, signaling renewed acquisition interest amid ongoing negotiations.

Black Bear Minerals has completed the acquisition of the high-grade Shafter Silver Project in Texas, including $150 million in existing infrastructure, positioning itself strategically amid rising silver demand and geopolitical supply shifts.

Reece Limited reported a modest revenue decline and earnings pressure in FY25 amid challenging markets but reinforced its long-term growth strategy with a significant share buyback and board renewal. Early FY26 trading shows sales growth driven by network expansion despite ongoing cost pressures.

Bindi Metals Limited has announced a non-renounceable entitlement offer of options to raise approximately $46,000, underwritten by CPS Capital Group. The offer includes 46 million options to shareholders and 5 million options to the lead manager, with potential dilution if exercised.

GR Engineering Services Limited reported a solid FY25 with revenue and earnings growth, increased dividends, and a confident outlook for FY26 driven by a robust project pipeline and strategic opportunities.

Accent Group reported a modest 1.6% rise in FY25 owned sales to $1.46 billion and a net profit after tax of $57.7 million, while outlining ambitious FY26 plans including the launch of Sports Direct stores in Australia and New Zealand.

Autosports Group Limited reports record FY25 revenue and profit, while announcing a strategic acquisition of 10 Barry Bourke Motors dealerships in Victoria, signaling robust growth momentum into FY26.

Kogan.com Ltd delivered strong FY25 results with significant customer growth and improved cash flow, while Mighty Ape embarks on a strategic recovery aiming for profitability in FY26.

Sims Limited reports a stellar FY25 with underlying EBIT nearly tripling, driven by strategic growth and sustainability achievements, while setting an ambitious outlook for FY26 amid market challenges.

Coventry Group reports a challenging FY25 with revenue slipping 1.7% and EBITDA plunging 40.9%, but early FY26 results show promising recovery driven by cost cuts and ERP system stabilisation.

Diablo Resources has initiated maiden drilling at its Fair Dinkum copper prospect in Utah, capitalizing on the U.S. government's recent elevation of copper to critical mineral status and increased federal support for domestic supply chains.