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The latest update is out from ReNu Energy Limited ( (AU:RNE) ).
ReNu Energy Limited has received approval from the Australian Securities Exchange (ASX) to be admitted to the Official List, subject to certain conditions. The company will be renamed Janus Electric Holdings and has been granted waivers by the ASX. This development is significant as it marks a strategic shift for ReNu Energy, involving the sale of its Geothermal Assets and Hydrogen Business Division, and the issuance of new shares and options. These changes are expected to enhance the company’s market presence and operational focus.
More about ReNu Energy Limited
ReNu Energy Limited operates in the renewable energy sector, focusing on sustainable energy solutions. The company is involved in the development and commercialization of clean energy technologies, with a particular emphasis on hydrogen and geothermal energy.
Technical Sentiment Signal: Buy
Current Market Cap: $1.12M
Find detailed analytics on RNE stock on TipRanks’ Stock Analysis page.