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20 September 2019Further to recent announcements regarding the restructuring of the Company following the completion of the transaction with CleanPeak Energy, the Board of ReNu Energy Limited wishes to announce that its current full time Chief Executive Officer and Managing Director, Mr Craig Ricato, has tendered his resignation. The Board thanks Mr Ricato for his service and leadership.
10 September 2019The Board of ReNu Energy Limited (ASX:RNE) wishes to advise that, following the completion of the transaction with CleanPeak Energy, its current full time CFO & Company Secretary, Mr Matthew Scott, has tendered his resignation allowing the company to appoint a permanent part-time CFO & Company Secretary. ReNu Energy is pleased to welcome Mr Greg Watson as CFO & Company Secretary. Mr Scott is currently providing a handover to Mr Watson and will leave the Company in mid-September 2019.
04 September 2019ReNu Energy Limited announces that it has today completed the sale of its solar operations to CleanPeak Energy Pty Ltd as first announced to shareholders on 2 August 2019. The transaction involved the sale of the ReNu Energy subsidiaries holding the Embedded Networked Operations, Amaroo Solar PV Facility and the energy retail authorisation. ReNu Energy has received $5.775 million in consideration for the sale, following repayment of the Amaroo loan facility ReNu Energy will increase cash holdings by $4.25 million and have no secured loans.
14 December 2018ReNu Energy Limited advises of the issue of new equity incentives to executives under the Company’s Loan Share Plan and, following the completion of the consolidation of ReNu Energy’s share capital, the amendment of terms of shares previously issued under the Loan Share Plan.
31 October 2017ReNu Energy Limited is pleased to provide an update on its operational cost structure and earnings outlook.
25 October 2017Renewable energy company, ReNu Energy Limited is pleased to report the completion of Milestone 1 and receipt of $700,000 under the Australian Renewable Energy Agency (ARENA) Advancing Renewables funding agreement for the Goulburn Bioenergy Project.
24 October 2017ReNu Energy Limited is pleased to provide an update on the status of the debt financing facility with Infradebt Pty Ltd, announced on 19 September 2017. ReNu Energy has received credit approval from Infradebt for the provision of debt facilities for the purchase of the 600kW Amaroo Solar PV project and the construction of four solar PV embedded network projects in shopping centres belonging to the SCA Property Group. Under the Amaroo facility, ReNu Energy will have access to a $1.38m loan to fund the settlement of the $2.38m acquisition of the Amaroo Solar PV project, completion of which is expected in November.
02 December 2016As approved at the Company’s Annual General Meeting of shareholders on 25 November 2016, Geodynamics Limited advises that it has changed its name to ReNu Energy Limited. The ASX code for the Company is RNE.
25 November 2016Mr Keith Spence has retired from the board of Geodynamics Limited effective close of today’s Annual General Meeting.
25 November 2016Geodynamics Limited wishes to advise that all resolutions on the Notice of Annual General Meeting were carried on a poll at the Annual General Meeting of the Company held this morning.
25 November 2016Presentation to shareholders by Mr Chris Murray, CEO and Managing Director.
22 December 2015The Board of Geodynamics wishes to advise that a succession plan for the role of CEO and Managing Director has been implemented. Following an internal and external candidate review process, the Board is delighted to announce that Mr. Christopher Murray has been appointed Managing Director & Chief Executive Officer of Geodynamics. Mr Murray will commence his role from 11 January 2016.
18 November 2015Geodynamics Limited is pleased to announce that its wholly owned subsidiary Quantum Power Limited (Quantum) and Rural Funds Management Limited (RFM) have agreed to a restructure of the project arrangements for the Goulburn Biogas Project. Under the revised arrangements Quantum will build, own and operate the project under a long term Power Purchase Agreement (PPA) between Southern Meats and Quantum.
17 November 2015Presentation to shareholders by Mr Geoff Ward, CEO and Managing Director.
17 November 2015Address to shareholders by Mr Keith Spence, at Geodynamics Limited’s Annual General Meeting in Brisbane on 16 November 2015.