# J-POWER to fully acquire Genex Power in Australia for AUD 351 million

J-POWER (Electric Power Development Co.) announced on April 12, 2024, the acquisition of all shares of Australian renewable energy company Genex Power Limited for approximately AUD 351 million, making it a wholly owned subsidiary. The transaction is expected to complete in July 2024.

- Type: Acquisition
- Announced: 2024-04-12
- Where: Australia, Australia
- Value: $230.0M (351.0M AUD)
- Status: announced
- Products: renewable energy
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [J-Power](https://endata.com/companies/34049.md)
- [Genex Power Limited](https://endata.com/companies/44644.md) (target)

## Sources

- [sfs-inc.jp](https://sfs-inc.jp/ma/8795/), 2025-04-24: "電源開発株式会社（J-POWER）は2024年4月12日、オーストラリアを拠点に再生可能エネルギー事業を展開するGenex Power Limitedの全発行済株式を取得し、同社を完全子会社化する手続きを開始することを発表しました。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.