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