BUZZ-Australia's Tlou Energy gains on agreement with data center developer

Reuters

02/05

** Shares of Tlou Energy TOU.AX rise 7.7% to A$0.014

** Stock set for its best session since late Dec. 2024, if gains hold

** The developer of energy solutions signs non-binding heads of agreement with a data center developer for developing high-density computational facility at its Lesedi Gas-to-Power project site in Botswana

** Lesedi is co's most advanced project

** About 1.5 mln shares change hands, 3 times the 30-day average of shares

** Stock down 18.8% this year as of last close

(Reporting by Sherin Sunny in Bengaluru)

((Sherin.Sunny@thomsonreuters.com;))

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