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ReNu Energy Limited ( (AU:JNS) ) just unveiled an update.
Janus Electric Holdings Limited has announced the execution of a Share Placement Agreement and a Distribution and Licence Agreement with EVUNI Pte Ltd. This strategic partnership involves an investment of AUD $5,000,000 in Janus Electric, with EVUNI becoming a new strategic shareholder. The agreements aim to expand Janus Electric’s technology reach in the sub-Sahara region, with plans for the first converted truck to enter the Janus ecosystem by early 2026. This collaboration is expected to enhance Janus Electric’s market positioning in the zero-emission heavy transport sector and leverage EVUNI’s existing network and infrastructure in the region.
More about ReNu Energy Limited
Janus Electric Holdings Limited is an Australian company pioneering the electrification of heavy road transport. The company focuses on developing technologies for zero-emission transport solutions, particularly in the heavy transport industry.
YTD Price Performance: -27.50%
Average Trading Volume: 326,902
Technical Sentiment Signal: Sell
Current Market Cap: A$16.97M
See more data about JNS stock on TipRanks’ Stock Analysis page.