My favourite quote from the report:
"However more recently it is now apparent that the NEG is headed for the well populated graveyard of attempts at Australian energy policy and a further period of policy uncertainty is likely."
Forward projects noted:
"We have continued to advance our Cherry Tree wind farm project in Victoria, including consideration as a Capital Lite project. A decision on the Cherry Tree project remains under review to take into account a range of factors including policy decisions by governments and the outworkings of the Victorian government’s tender for renewable energy. We also continue to advance the Flyers Creek project in NSW. More recently we have agreed a 5 year contract to purchase the electricity of the 31 MW Kiata Wind Farm in Victoria commencing 1 September 2018. When coupled with the execution of firming initiatives, this contract provides an ability for us to commence our C&I sales strategy in Victoria. "
Reselling to establish in NSW C&I market is a winner. Start making profit with no capital outlay and create a market connection.
IFN Price at posting:
62.0¢ Sentiment: Buy Disclosure: Held
