AGL Energy Explores Potential Sale of Tilt Renewables Stake

AGL Energy ( (AU:AGL) ) has issued an update.

AGL Energy Limited is investigating the potential sale of its 20% equity interest in Tilt Renewables as part of a routine review of its assets. While no discussions with potential buyers are currently underway, the company emphasizes that there is no certainty of a transaction occurring. AGL will continue to update the market in line with its disclosure obligations, reflecting its strategic focus on asset management and market transparency.

The most recent analyst rating on (AU:AGL) stock is a Hold with a A$10.85 price target. To see the full list of analyst forecasts on AGL Energy stock, see the AU:AGL Stock Forecast page.

More about AGL Energy

AGL Energy is a leading Australian company with a history spanning over 185 years, providing energy, telecommunications, and Netflix services to around 4.5 million customers. It operates the largest private electricity generation portfolio in Australia’s National Electricity Market, including coal, gas, and renewable energy sources. AGL is committed to transitioning to a lower emissions future, aligning with its Climate Transition Action Plan, and continues to innovate in essential services.

Average Trading Volume: 1,793,729

Technical Sentiment Signal: Buy

Current Market Cap: A$6.94B

For detailed information about AGL stock, go to TipRanks’ Stock Analysis page.