ReNu Energy’s focus is to become one of the only ASX listed companies focusing on a clean energy incubator/accelerator strategy, taking strategic stakes and nurturing renewable energy projects, moving to either a controlling interest, supporting through to an IPO process or exiting via trade sale.
ReNu Energy is advancing its clean energy incubator/accelerator strategy.
In November 2021, ReNu Energy announced the acquisition of 100% of Countrywide Renewable Hydrogen, an Australian company that originates green hydrogen projects to develop them in collaboration with project partners and governments.
In September 2021, ReNu Energy announced an investment in Enosi Australia Pty Ltd, an Australian company that has developed Powertracer: a first-of-its-kind grid scale renewable energy trading and tracing solution.
In July 2021, ReNu Energy made a cornerstone investment in Uniflow Power Limited, an unlisted public company commercialising a patented micro renewable energy generator powered by biomass – known as the Cobber.