SYDNEY: MPower Group Limited (ASX: MPR), a leading Australian renewable energy and battery storage developer, announced today it has agreed to sell substantially all its business assets to climate-focused investment firm Wollemi Energy Group for approximately $19 million. The deal, outlined in a binding Business Sale Agreement, includes MPower’s renewable energy platform, the Lakeland Solar…
SYDNEY, AUSTRALIA: MPower Group announced a transaction that accelerates its Build Own Operate (BOO) strategy with the proposed acquisition of the Lakeland Solar & Storage Project located in Cooktown Shire, North Queensland, comprising a 10.8MWac solar farm and an associated 1.4MWac/5.3MWh lithium-ion battery storage facility. Lakeland Solar & Storage Project has been in operation since…
SYDNEY, AUSTRALIA: MPower Group announced the appointment of Amy Kean as a non-executive director, with effect from 1 September 2021. Amy Kean has over 20 years’ experience in the renewable energy sector. She currently co-owns and operates renewable energy advisory firm Stride Renewables which assists clients in navigating the regulatory, commercial and technical challenges to…