ReNu Energy Limited ( (AU:RNE) ) has shared an update.
ReNu Energy Limited has completed the sale of its Countrywide Hydrogen Business, including its Tasmanian green hydrogen project, to Countrywide Hydrogen Holdings Pty Ltd. This strategic divestment, approved by shareholders, also led to the termination of a Platform Agreement with H.E.S.T. Australia Ltd, which will not significantly affect ReNu Energy’s financial position or operations.
More about ReNu Energy Limited
ReNu Energy Limited operates in the renewable energy industry, focusing on sustainable energy solutions. The company is involved in the development and management of green hydrogen projects, which are part of its broader commitment to clean energy initiatives.
Technical Sentiment Signal: Strong Buy
Current Market Cap: $216.8M
For detailed information about RNE stock, go to TipRanks’ Stock Analysis page.