Genex Power Braces for J-POWER Acquisition Vote

Genex Power Ltd. (AU:GNX) has released an update.

Genex Power Limited, an Australian renewable energy firm, is poised to be acquired by J-POWER’s subsidiary, JPGA Partners Pty Ltd, in a significant transaction that will include Genex’s diverse portfolio of solar, hydro, and storage projects. Shareholders are set to vote on the proposed scheme today, with the outcome to be announced shortly thereafter. The deal promises to bolster Genex’s strategy to become a leading renewable energy and storage company in Australia.

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