MPower Group to sell renewable energy business to Wollemi for $19 million
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…