MPower Group Limited (AU:MPR) has released an update.
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MPower Group Limited is actively managing its renewable energy assets, initiating the sale of the Lakeland Solar & Storage Project in Queensland to fund further expansion, while progressing construction of the Narromine Renewable Energy Project in New South Wales, expected to complete this year. Additionally, the company is accelerating the incorporation of battery storage in its Faraday Project in Victoria but has halted its acquisition of the Mangalore Renewable Energy Project due to encountered challenges.
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