Genesis Energy Advances with Strong Q1 and Strategic Investments
Company Announcements

Genesis Energy Advances with Strong Q1 and Strategic Investments

Genesis Energy Limited (DE:1G6) has released an update.

Genesis Energy Limited’s first-quarter performance for FY25 highlighted significant flexibility in its Huntly Portfolio, with thermal generation up 52% compared to the previous year. The company is advancing its Gen35 strategy by acquiring a 65% stake in Chargenet, a leading EV charging infrastructure operator, aiming for a significant share in the EV market. Additionally, Genesis is progressing on multiple projects, including solar farms and a new battery at Huntly, while expanding its customer base and enhancing its billing platform.

For further insights into DE:1G6 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskGenesis Energy Issues Performance Share Rights in New Plan
TipRanks Australian Auto-Generated NewsdeskGenesis Energy Unveils Strategic Developments and Future Plans
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App