Two articles of interest on Alinta this morning in the AFR -...

Two articles of interest on Alinta this morning in the AFR - Page 20 & Page 22.

Page 20 article discusses the Saudi group (ACWA) who is putting together a debt & equity funded bid which is set to be delivered this week (Sept 10).

Page 22 article notes that whilst ACWA may be primed to bid for all of Alinta's assets, they are "by no means the only contender". The article goes on to say that BHP is seeking the Port Headland & Newman power stations and APA Group is chasing the Pilbara assets with a suggestion that they are looking to create a new spin-off vehicle.

All up, we are getting to the end game and there appears to be competition for the assets (individually and in total) - this is potentially good as it should assist in driving up the final price as well as providing management with different options on how to maximise shareholder value. As this process unfolds, the $450m loan that we shareholders have will be a pivotal part of the negotiated outcome.