NEWS

For the period ending on 31 March 2025     - MPower and AMPYR Distributed Energy complete the conversion of Narromine’s $10 million...

For the period ending on 31 December 2024     - MPower and AMPYR Distributed Energy finalise terms for the conversion of Narromine’s $10...

For the period ending on 30 September 2024     - Narromine Renewable Energy Project (NSW) achieved commercial operations and commenced...

-   MPower and AMPYR Distributed Energy have agreed terms for the conversion of Narromine’s $10 million project funding facility into...

For the period ending on 30 June 2024 - Final stages of the construction phase and commencement of the commissioning phase for the...

- Narromine Renewable Energy Project (NSW) has achieved commercial operations and commenced generating revenue - The project has been...

- Sale process commences for the Lakeland Solar & Storage Project (QLD) to recycle capital for future portfolio expansion - Construction...

Key milestones achieved in the construction of the Narromine Renewable Energy Project (NSW)

For the six months ended 31 December 2023 - Key advancements in the development of the Narromine Renewable Energy Project; design phase...

For the period ending on 31 December 2023 - Master Supply Agreement with Trina Solar, one of the world’s leading global suppliers of...

For the period ending on 30 September 2023 - Commencement of construction at the Narromine clean energy project as part of MPower’s...

- Master Supply Agreement with Trina Solar, a leading global manufacturer of photovoltaic (PV) solar panels - Agreement secures long-term...

- MPower has acquired all the development rights, including Connection Agreement and key planning approvals for the Narromine solar asset...

- FY2023 unaudited revenue of $4.4 million up 20% year-on-year and includes first revenues of $1.5 million from energy sales from...

- Lakeland valued at $12.7 million following receipt of independent external valuation - $6.1 million gain to be taken as profit in the...

- Oceania Capital Partners (OCP) takes a 14.5% stake in MPower and extends new $1.8 million corporate debt facility - Replaces existing...

For the period ending on 30 June 2023 - Strategic partnership formed with Evergen, facilitating the integration of Evergen’s distributed...

- Partnership facilitates the integration of Evergen’s distributed energy optimisation technology into MPower’s clean energy portfolio -...

For the period ending on 31 March 2023 - Strategic project funding agreement secured with global renewables investment firm AMPYR Energy,...