Locality Planning Energy Holdings Limited (AU:LPE) has released an update.
Locality Planning Energy Holdings Limited (LPE) has advised its shareholders to reject an off-market takeover bid from River Capital, reiterating this stance in their latest supplementary statement. LPE, an innovative electricity provider to strata communities, is known for its renewable solutions and technology, which contribute to its strong recurring revenue. The company’s focus remains on servicing Queensland’s energy market, offering sustainable and cost-effective electricity and hot water systems without upfront costs.
For further insights into AU:LPE stock, check out TipRanks’ Stock Analysis page.
