Re: next 3-6 months
I dont expect a lot of action from Infigen.
Vic and Qld state reverse auction EOI are being run now, and formal bids thereafter (>Nov), and the outcomes will be known in 3-6 months time....
Qld has insisted that big solar projects (10MW +) come with storage which will complicate their bid. I dont expect any of the small IFN Queensland solar projects to get up at this stage, but Forsayeth looks good, especially so if the Qld govt commit to their transmission upgrade. And there are no storage requirements for Qld wind projects...
I'm hopeful that Cherry tree (Vic) and Forsayeth will be successful under these schemes.
IFN Price at posting:
75.5¢ Sentiment: Buy Disclosure: Held