J-Power Acquires Genex Power, Expands Solar-plus-Storage Project
J-Power has completed its AUS$ 351 million acquisition of Australian Energy Storage developer Genex Power. Previously holding a 10% stake, J-Power now owns 1,278,187,135 shares. The companies were jointly developing the 2GW Bulli Creek Solar-plus-Storage Project and the 200 MW Kidston Stage-3 Wind Project. Genex will delist from the ASX as of August 1.
Also Read Energy Storage