“ReNu Energy has subsequently received AER approval (in late February 2019) to finalise the installation of the embedded network infrastructure and expects to commission the respective solar equipment and commence supply to tenants at the two South Australian centres in April 2019.”
This could be very lucrative...
“The Cooperation Agreement gives ReNu Energy exclusive access to AGO’s products, technologies and services, which are expected to provide a competitive advantage in the regional bioenergy and waste-to- energy sector. ReNu Energy’s access to AGO’s bioenergy experience and expertise is expected to accelerate the development of new bioenergy projects and access to AGO’s high-quality supply chain could deliver significant capital cost reductions.”
Crickey it’s a slow and painful process but.
I’d like to see some evidence what selling off $3.5M in Bioenergy Assets has produced other than keeping the staff paid. Am expecting some specific Capex very soon to justify this.
IMHO and DYOR
RNE Price at posting:
8.5¢ Sentiment: Buy Disclosure: Held