ReNu Energy to sell hydrogen business

SYDNEY: ReNu Energy Limited (ASX: RNE) announced Thursday it has agreed, subject to shareholder approval, to sell its Countrywide Hydrogen Business, including its Tasmanian green hydrogen project, to Countrywide Hydrogen Holdings Pty Ltd, an entity controlled by ReNu Energy’s management team. On October 14, 2024, ReNu Energy received a non-binding indicative offer from its management…