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Home Consortium Ltd ( (AU:HMC) ) just unveiled an update.
HMC Capital has completed the acquisition of Neoen Australia’s Victorian assets, enhancing its Stor Energy BESS development pipeline with an operational scale of 652 MW and a 2.8 GW development pipeline. The acquisition is expected to strengthen HMC’s position in the Australian energy market, with the Neoen Victorian Development Team joining to advance projects like the Moorabool BESS and Kentbruck Wind Farm. The Neoen VIC Portfolio reported an unaudited EBITDA of $64 million for the year ending June 2025, reflecting a 6.5% increase. HMC has also engaged Campbell Lutyens to attract third-party capital for its Energy Transition Platform, aiming to optimize value for investors and continue its growth trajectory.
The most recent analyst rating on (AU:HMC) stock is a Buy with a A$10.85 price target. To see the full list of analyst forecasts on Home Consortium Ltd stock, see the AU:HMC Stock Forecast page.
More about Home Consortium Ltd
HMC Capital is a leading ASX-listed diversified alternative asset manager with a focus on real estate, private equity, energy transition, digital infrastructure, and private credit. The company manages approximately $18.5 billion on behalf of institutional, high net worth, and retail investors, with a team experienced in executing large, complex transactions.
Average Trading Volume: 1,897,514
Technical Sentiment Signal: Sell
Current Market Cap: A$1.46B
For an in-depth examination of HMC stock, go to TipRanks’ Overview page.