Chariot Limited (CHAR): Sale of Renewable Power business
This situation live
CHAR Chariot Limited
30 Jun 2026 · Intention stated; no process announced · +108% until the next step
we are looking to realise the value of this business in order to focus solely on our upstream ambitions going forward.
30 Sep 2026 · Sales process underway; multiple offers received · −9% since
Sales process underway to divest Chariot’s renewables business and realise value – multiple offers received with next step being to select a preferred bidder
Sale of Renewable Power business
Sales process underway; multiple offers received
Next: Select preferred bidder
Every step · 2
- 30 Jun 2026 Intention stated; no process announced – we are looking to realise the value of this business in order to focus solely on our upstream ambitions going forward. ↗
- 30 Sep 2026 Sales process underway; multiple offers received – Sales process underway to divest Chariot’s renewables business and realise value – multiple offers received with next step being to select a preferred bidder ↗
What is happening
Chariot Limited: Sale of Renewable Power business – Sales process underway; multiple offers received. ['Sales process underway; multiple offers received']
- In short
- On 30 Jun 2026 Chariot stated an intention to realise the value of Renewable Power to focus on upstream. The 30 Sep 2026 H1 results say a formal sales process is underway with multiple offers received. The next step is choosing a preferred bidder, and further cash is expected from the sale.
- Announced
- 30 Jun 2026 · Intention stated; no process announced
- Latest
- 30 Sep 2026 · Sales process underway; multiple offers received
- Business
- Renewable Power: 34% of Etana, 194MW wind stakes, solar and hydrogen projects
- Use of money
- Further cash anticipated from the sale; no allocation stated in these results
- Buyer
- Not stated
- Price
- Not stated
- Business sold
- Renewable Power: 34% of Etana, 194MW wind stakes, solar and hydrogen projects
- Process
- Sales process underway; multiple offers received
- Next milestone
- Select a preferred bidder
What comes next
Select preferred bidder.
From the company's own announcements. Not investment advice.
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