Articles On Genex Power (ASX:GNX)

The NSW Supreme Court has OK’d the buyout of Genex Power (ASX:GNX) by Japanese giant J-POWER, no stranger to Australian FDI. The Japanese utility will pick up Genex and its renewables projects – most notably the Kidston Pumped Hydro proj...

This article is part of the daily news updates from FNArena.com. Stay informed with the latest financial, business, and economic insights. Written by Admin World Overnight SPI Overnight 8035.00 + 55.00 0.69% S&P ASX 200 7999.30 –...

On Friday last week, the ASX saw a number of funding initiatives unveiled, including Genex Power’s (ASX:GNX) new five-year $162 million senior facility, which follows the refinancing of its senior debt facility for the 50-megawatt Kidston S...

  ASX 200 hit by afternoon profit taking, closing at +0.1pc for the day. 9 of 11 ASX sectors were higher, so… two of them weren’t. Small cap gains led by East33, and the world is their oyster.   Local markets trimmed most of the early mor...

ASX predicted to rebound after modest gains in New York Levi Strauss and Target’s shares plunge Treasurer Jim Chalmers approves ANZ’s acquisition of Suncorp Bank   There’s hope the ASX can snap its two-day losing streak and rise when the...

The All Ordinaries Index (ASX: XAO) is down 0.5% in late morning trade on Thursday, but that's not holding back these three high-flying ASX All Ords shares. Shaking off any concerns over sticky inflation and extended high interest rates, in...

Genex Power (ASX: GNX) has confirmed that Australian resources giant Fortescue (ASX: FMG) is yet to satisfy the conditions precedent for one of Queensland’s largest renewable energy projects. Fortescue had initially signed a 25-year solar p...

Happy Tuesday and welcome back from the beak. Stocks being watched this morning: Controversial shipbuilder Austal (ASX:ASB) has received a takeover offer. The bid comes from a South Korean heavyweight. Austal believes the $2.80p...

By Rudi Filapek-Vandyck, Editor FNArena M&A Is Back (With A Vengeance)Even the more casual observer would have noticed the high number of announcements regarding acquisitions and mergers this year, with troubled AI (?) company Appen ((A...

FNArena's dedicated ESG Focus news section zooms in on matters Environmental, Social & Governance (ESG) that are increasingly guiding investors preferences and decisions globally. For more news updates, past and future: https://www.fnar...

The ASX declined in its first session of the week, with the S&P/ASX 200 closing 0.1% lower amid concerns over upcoming GDP figures, particularly after a larger-than-expected decline in inventories, while real estate stocks rose 1.3% and...

The ASX200 has closed the day trading down, falling point one three of a per cent. The real estate sector remained steady all day, up 1.34 per cent, Information Tech also closed up 0.9 per cent. Health care and utilities lost the mos...

The ASX 200 index has retreated from its all time high levels on Monday after closing -0.15% lower. As a quick reminder, the index touched a record high of 7,769 last Friday. Sentiment fell after the ABS reported a 1.7% fall in Australian b...

Foreign bids for Australian companies continue to surge, with significant offers on the table. Saint-Gobain has bid $4.3 billion for CSR, while Japan's Renesas proposes $9.1 billion for Altium. Additionally, there's a $US1.6 billion Indones...

The S&P/ASX 200 Index (ASX: XJO) is having a subdued start to the week. In afternoon trade, the benchmark index is down slightly to 7,741.4 points. Four ASX shares that are not letting that hold them back are listed below. Here's why...

Japanese renewable energy specialist Electric Power Development (J-Power) has unveiled a $380 million takeover offer for Australia’s Genex Power (ASX: GNX). The non-binding, indicative and conditional proposal from J-Power is aimed at acqui...

04 Mar 2024 - A snapshot of the stocks on the move, featuring Lake Resources N.L. (ASX:LKE; OTC:LLKKF), Genex Power Limited (ASX:GNX) and St Barbara (ASX:SBM).

  Lake Resources N.L. (ASX:LKE; OTC:LLKKF) announces that it is reducing its employee base and administrative expenses after completing the Kachi Phase One Definitive Feasibility Study, aiming to extend its financial runway and enhance its...

Japanese electricity generator J-Power has upped the ante with a healthy premium for shareholders of Australian renewable energy group Genex Power (ASX: GNX), as the company lays plans for a potential $381 million takeover bid. J-Power’s p...

Stockhead’s Top 10 at 11, published each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percenta...

The Genex Power Ltd (ASX: GNX) share price is starting the week very strongly. In morning trade, the renewable energy company's shares are up 38% to a 52-week high of 25.5 cents. Why is the Genex share price surging? Investors have been sc...

Genex Power is one of the ASX’s more promising renewables stocks The company is currently developing a massive pumped hydro project in QLD Genex shares last traded at 18.5c Genex Power (ASX:GNX) has confirmed its receipt of a no...

  S&P 500 regains record high, ASX to also test its all time high Nvidia becomes a US$2 trillion company   Gold and oil-related stocks on watch today as commodities climb   The ASX is poised to reset its fresh record high on Monday a...

Welcome to the FNArena Corporate Results Monitor. Today's Reports: ((ADH)) - Adairs ((ABY)) - Adore Beauty ((AIM)) - Ai-Media Technologies ((ATA)) - Atturra ((B4P)) - Beforepay Group ((BUB)) - Bubs Australia ((CLG)) - Close the Loop ((DBI...

Momentum investing has been shown to be a successful strategy over the long term. The strategy essentially involves “buying high, but hoping to sell even higher” – which is the counter to the well known strategy of “buy low and sell high”....

A momentum trader will essentially be “buying high, but hoping to sell even higher” – which is the counter to the well known strategy of “buy low and sell high”. The biggest question for momentum traders is therefore how to find those stock...

Genex Power (ASX:GNX) wins approvals to load a full 50MW capacity into its Bouldercombe battery project in Queensland The BBP is a big battery project The battery is grid-scale, meaning it can store power generated by wind and solar...

Wall Street tumbles after a speech from Fed chair Jerome Powell Powell said he won’t hesitate to raise rates again if the situation calls for it And what a Trump victory would mean for markets   Aussie shares are poised to open modestly l...

Genex Power’s (ASX:GNX) Kidston pumped hydro project in QLD now boasts a completed access tunnel The project repurposes two old gold mining pits into a pumped hydro dam Kidston sits as a staple of QLD’s decarbonisation strategy...

The Fortescue Metals Group Ltd (ASX: FMG) share price is currently slightly down even though other ASX iron ore share peers have seen gains and there has been a positive green hydrogen update. For example, the BHP Group Ltd (ASX: BHP) shar...

The ASX200 was off to a good start for the week, up nearly a quarter of a per cent, despite the new geopolitical risks that loom with Israel’s declaration of war after Palestinian Hamas militants attacked at the weekend. If neighbouring...

Stockhead’s In-Case-You-Missed-It highlights today’s most interesting small cap stories that might have slipped beneath your radar. Below is a wrap of the top 20 performing stocks, by percentage, who made announcements today. ICYMI Leader...

The ASX200 is up point-four of a per cent this morning, the energy sector is leading the way, up more than three per cent, while materials and healthcare stocks have also been strong, gaining a per cent. Oil prices have spiked five per c...

Fortescue Metals Group’s (ASX:FMG) subsidiary enters a PPA for 337.5 MW of new solar energy from Genex Power (ASX:GNX) The solar energy will be generated from the Bulli Creek project in Queensland, a collaboration between Genex and J-POW...

The Fortescue Metals Group Ltd (ASX: FMG) share price is up 0.5% amid the ASX resources share announcing progress with its green hydrogen plans. Renewable power purchase agreement Fortescue announced that, after a competitive process, it ha...

The Fortescue Metals Group Ltd (ASX: FMG) share price is up 0.5% amid the ASX resources share announcing progress with its green hydrogen plans. Renewable power purchase agreement Fortescue announced that, after a competitive process, it ha...

The Fortescue Metals Group Ltd (ASX: FMG) share price is on the move on Monday. In morning trade, the mining giant's shares are up 0.5% to $21.18. Why is the Fortescue share price rising? There have been a couple of potential drivers of to...

Shares to rise today after a rally on Wall Street US jobs data boosted possibility that a recession could be avoided Central banks keep buying gold, says the World Gold Council   Aussie shares are poised to rise at the open, buoyed by Fri...

Genex Power (ASX:GNX) via its wholly owned subsidiary has today entered into a 25-year solar power purchase agreement (PPA) for the up to 2GW Bulli Creek Solar and Battery Project (BCP) with a subsidiary of Fortescue Metals Group (ASX:FMG)....

Aniket Shah of Jeffries explains the paradox surrounding ESG Opportunities are plenty if investors just think through this paradox, he says And which ASX stocks fit into Shah’s thematics?   Aniket Shah, global head of ESG strategy at asse...

The ASX200 ended the week a little lower, down .2 of a per cent. Utilities managed to pick up more than a per cent, while materials were the worst performer, shedding one per cent. In the green And looking at utilities, Genex Power...

Welcome to the FNArena Corporate Results Monitor. Today's Reports: ((AIS)) - Aeris Resources ((AGI)) - Ainsworth Game Technology ((ALX)) - Atlas Arteria ((ATA)) - Atturra ((AUA)) - Audeara ((ASB)) - Austal ((BUB)) - Bubs Australia ((CCX))...

03 Aug 2023 - Four hours northwest of Townsville, Australia's energy transition to net zero by 2050 is taking a significant step forward with the near-completion of Genex Power's $…

Four hours northwest of Townsville, Australia's energy transition to net zero by 2050 is taking a significant step forward with the near-completion of Genex Power's $777 million Kidston pumped hydro project.  Situated 220 meters beneath an...

Emission Control is Stockhead’s fortnightly take on all the big news surrounding developments in renewable energy. Flow batteries of various stripes (and there are several) have been touted as the ideal alternative to lithium-ion batteries...

Futures suggest the ASX will open in the green, ending the financial year on a positive note. The US Federal Reserve is expected to continue hiking rates at its next meeting after stronger-than-expected economic data suggests the “modera...

Last year’s abandoned M&A target, Genex Power, has lost its shine to a big investor on its register.

Emission Control is Stockhead’s fortnightly take on all the big news surrounding developments in renewable energy.   A 200-page report released by Australia’s national science agency, CSIRO, indicates the national electricity market (NEM) c...

Emission Control is Stockhead’s fortnightly take on all the big news surrounding developments in renewable energy.   As nations across the globe scramble for more low-carbon energy supplies with the climate crisis front of mind, the idea th...

Emission Control is Stockhead’s fortnightly take on all the big news surrounding developments in renewable energy.   Green hydrogen produced from renewables via electrolysis is set to be at the very heart of the energy transition as more co...