Australia's ReNu Energy gains on deal to provide hydrogen-powered trucks

Janus Electric Holdings

28/06/2023 03:07

** Shares of ReNu Energy  RNE.AX  rise as much as 13.8% to
A$0.033 - set for best day since April 13, if current gains hold
    ** Clean energy co says its unit Countrywide Hydrogen signed
a letter of agreement with Walkinshaw Automotive Group 
    ** Agreement includes exploring the development of
hydrogen-powered trucks and prime movers for the Australian
market
    ** Stock down 42% YTD, as of last close 
 

 (Reporting by Ayushman Ojha in Bengaluru)
 ((Ayushman.ojha@thomsonreuters.com;))