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ReNu Energy Limited
(Sydney:JNS)
ReNu Energy Limited (JNS) vs. iShares MSCI Australia ETF (EWA)
ReNu Energy Limited Business Overview & Revenue Model
ReNu Energy Limited Financial Statement Overview
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ReNu Energy Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | $17.06B | 17.77 | 5.60% | 3.68% | 6.63% | 11.55% | |
34 Underperform | $16.97M | ― | -84.32% | ― | ― | 91.54% | |
| ― | $14.00M | ― | -11.34% | ― | ― | ― | |
| ― | $123.77M | ― | -84.72% | ― | ― | ― | |
69 Neutral | AU$28.64M | 6.38 | -78.78% | ― | -28.88% | -235.29% | |
68 Neutral | AU$20.84M | 6.28 | -38.32% | ― | 2.69% | -273.87% | |
26 Underperform | AU$6.71M | ― | -47.12% | ― | ― | -17.14% |
ReNu Energy Limited Corporate Events
ReNu Energy Limited has announced significant strategic changes, including the sale of its hydrogen business division and the proposed acquisition of Janus Electric Limited. This acquisition marks a shift towards the electrification of heavy transport, with Janus pioneering battery-swapping technology for diesel trucks. The company plans to raise capital to expand Janus’ operations and infrastructure, and will rebrand as Janus Electric Holdings Limited. These moves are expected to enhance ReNu Energy’s market position in the growing electric vehicle sector, offering sustainable solutions for fleet operators and contributing to industry decarbonization.
ReNu Energy Limited has announced an extension of its offers under the prospectus initially released on 25 February 2025. The extension, detailed in a fourth supplementary prospectus, moves the closing date to 7 May 2025, allowing more time to finalize arrangements with strategic investors. The capital raising offer aims to issue between 40 and 50 million new shares at $0.20 each, potentially raising up to $10 million. This extension could impact the company’s market positioning by securing additional strategic investments, potentially enhancing its operational capabilities and shareholder value.
ReNu Energy Limited has completed a capital consolidation following shareholder approval, effectively consolidating every 200 ordinary shares into one. This strategic move is expected to streamline the company’s capital structure, potentially enhancing its market positioning and operational efficiency.
ReNu Energy Limited has announced an extension of its capital raising and ancillary offers under a prospectus, allowing more time for key investors to apply for new shares. The extension aims to raise between $8 million and $10 million, with the new closing date set for April 17, 2025. The company plans to issue new shares and options by April 24, 2025, and expects to resume trading on the ASX by April 30, 2025. This move is part of ReNu Energy’s strategic efforts to strengthen its financial position and enhance its market presence.
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.
ReNu Energy Limited has announced an extension of its capital raising offers under a prospectus, initially set to close on 4 April 2025, now extended to 11 April 2025. This extension provides additional time for key investors to participate, potentially raising between $8 million and $10 million through the issuance of new shares. The extension and subsequent capital raising are expected to impact the company’s operations by enhancing its financial capacity to invest in renewable energy projects, thereby strengthening its position in the industry and offering potential benefits to stakeholders.
ReNu Energy Limited has announced the approval of its amended Constitution, following a special resolution by its shareholders at the recent General Meeting. This update signifies a strategic move by the company to potentially align its governance framework with evolving business needs, which could impact its operational strategies and stakeholder engagement.
ReNu Energy Limited announced that all resolutions proposed at its Extraordinary General Meeting on March 28, 2025, were approved by shareholders. The resolutions included the election of new directors and changes to the company’s share capital and activities, which are expected to impact its strategic direction and stakeholder interests positively.
ReNu Energy Limited has issued a Supplementary Prospectus to amend and clarify its previous prospectus dated February 25, 2025, regarding its capital raising and ancillary offers. The company aims to raise between $8 million and $10 million through the issuance of new shares. The prospectus highlights the company’s strategy to focus on operational efficiency and innovation to deliver long-term value, while also addressing potential risks associated with its early-stage operations and historical financial losses. The company is exploring options to realize value from its portfolio of renewable energy investments and may cease its hydrogen business if divestment efforts are unsuccessful.
ReNu Energy Limited has announced that Mrs. Valeria Martinez Viademonte has become a substantial holder in the company as of October 29, 2024. She holds 105,250,000 ordinary shares, representing a 5.94% voting power in the company. This acquisition could potentially impact the company’s shareholder dynamics and influence its strategic decisions moving forward.
ReNu Energy Limited reported a significant decrease in revenue and an increased net loss for the half-year ending December 31, 2024, compared to the previous year. The decline in revenue is attributed to reduced R&D tax incentive revenue and no favorable valuations of investee companies, while the increased loss is due to impairments of intangible assets and investments. The company does not plan to distribute dividends for this period.
ReNu Energy Limited has announced a proposed issue of securities, specifically 5,000,000 advisor options with an exercise price of $0.40 and an expiry date three years from the date of issue. This move is part of a placement or other type of issue, set to take place on April 11, 2025, and is aimed at enhancing the company’s financial flexibility and supporting its strategic initiatives in the renewable energy sector.
ReNu Energy Limited has announced a proposed issue of 8,641,733 new ordinary fully paid securities, with the issue date set for April 11, 2025. This move is part of the company’s strategy to enhance its capital base, potentially strengthening its market position and providing additional resources for future projects, which may have positive implications for stakeholders and the company’s growth trajectory.
ReNu Energy Limited has announced a proposed issue of securities, specifically director options with an exercise price of $0.20, set to expire three years from the date of issue. This move, involving the issuance of up to 1,400,000 securities, is intended to enhance the company’s financial flexibility and support its strategic initiatives in the renewable energy market.
ReNu Energy Limited has announced a proposed issue of securities, including 1,666,667 unlisted options and 1,666,667 ordinary fully paid shares, set to be issued on April 11, 2025. This move is part of the company’s strategy to enhance its financial position and support its ongoing renewable energy projects, potentially impacting its market positioning and offering new opportunities for stakeholders.
ReNu Energy Limited has announced a proposed issue of 50 million ordinary fully paid securities, scheduled for April 11, 2025. This move is part of their strategic efforts to enhance their financial position and support ongoing and future projects, potentially strengthening their market presence in the renewable energy industry.
ReNu Energy Limited has announced a proposed issue of 50 million ordinary fully paid securities, with the issuance date set for April 11, 2025. This move is part of the company’s strategic efforts to raise capital, which could enhance its operational capabilities and strengthen its position in the renewable energy market.
ReNu Energy Limited has announced a security consolidation affecting its ordinary fully paid shares and several options. The consolidation is set to commence trading on a deferred settlement basis from April 2, 2025, with a record date of April 3, 2025, and an issue date of April 10, 2025. This move, which has received security holder approval, is part of the company’s strategy to streamline its securities and potentially enhance its market positioning.
ReNu Energy Limited has announced a significant strategic move with the proposed acquisition of Janus Electric Limited, which will result in a substantial change in the nature and scale of its activities. This acquisition requires shareholder approval and compliance with ASX listing rules, indicating a pivotal shift in the company’s operations and potential implications for its market positioning.
ReNu Energy Limited has announced that it will hold an Extraordinary General Meeting on 28 March 2025 in Brisbane. The meeting will cover various resolutions and important voting information, with details available on the company’s website. Shareholders are encouraged to participate, either in person or by proxy, to ensure their voices are heard in the decision-making process.
ReNu Energy Limited is undergoing a significant transformation, as indicated by its prospectus for a capital raising offer. The company plans to raise between $8 million and $10 million through the issuance of new shares, with the aim of re-quoting its shares on the ASX following a change in the nature and scale of its activities due to a proposed acquisition. This move includes a 200:1 consolidation of existing shares and is part of a broader strategy to comply with ASX listing rules. The prospectus outlines various offers, including those to target shareholders, advisors, directors, and existing loan noteholders, which are contingent on certain conditions being met.
ReNu Energy Limited has successfully secured binding commitments for a $250,000 loan note placement, targeting sophisticated and professional investors in Australia. The loan notes, which carry a 0% interest rate, are convertible into ordinary shares and unlisted options, contingent upon shareholder approval. The funds raised will be allocated towards working capital and the costs associated with the offer, potentially impacting the company’s financial flexibility and market positioning.
ReNu Energy Limited announced its acquisition of Janus Electric Limited, aiming to become a leader in heavy transport electrification. This strategic move involves a capital raise to scale Janus’ operations and expand its infrastructure, leveraging Janus’ innovative battery-swapping technology to provide cost-effective and efficient electric conversion solutions for fleet operators. The acquisition positions ReNu Energy to deliver strong economic benefits and reduce carbon emissions in the heavy transport sector.
ReNu Energy Limited has agreed to sell its Countrywide Hydrogen Business, including the Tasmanian green hydrogen project, to Countrywide Hydrogen Holdings Pty Ltd, which is controlled by members of ReNu’s management. The sale is contingent upon shareholder approval and is expected to complete in March 2025. This strategic divestment comes after feedback from capital raising rounds and changes in ReNu’s financial position, aiming to reposition the company as a debt-free listed vehicle. The transaction is expected to result in operating cost savings and strengthen ReNu Energy’s balance sheet by transferring certain liabilities to the buyer.