ReNu Energy Limited (ASX: RNE) is headquartered in Brisbane, Queensland. ReNu Energy has an experienced Board and Management team focussed on becoming one of the only ASX listed companies with a clean energy incubator/accelerator strategy, to take strategic stakes and nurturing renewable energy projects, moving to either a controlling interest, supporting through to an IPO process or exiting via trade sale.
Recently the Company completed a well-supported $1.46m capital raising. 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.
The Company has previously developed 2.2 MW of solar projects which were sold in September 2019 and two bioenergy Projects totalling 2.7 MW which were sold in August 2020.
ReNu Energy listed as Geodynamics Limited on the Australian Securities Exchange (ASX) in September 2002. In 2016, the Company rebranded to ReNu Energy. The brand reflects our commitment to being a diversified clean energy company, generating change by providing innovative renewable energy solutions.