Australia's Energy World rises to near one-year high on $350 million deal
02/06/2026 02:42
BUZZ-Australia's Energy World rises to near one-year high on $350 million deal ** Shares of Australia's Energy World Corporation EWC.AX rise as much as 138.9% to A$0.086, hitting their highest level since July 3, 2025
** The independent energy firm signs a deal to sell its gas and steam turbines to U.S. power producer Hallador Energy HNRG.O for $350 million
** Energy World says focus will now turn to strategy around other assets, including continued development of its assets in Indonesia and Australia
** Stock up 36% this year, including the day's move
(Reporting by Rajasik Mukherjee in Bengaluru)