GNX 2.38% 21.5¢ genex power limited

Ann: Acquisition of 50MW Jemalong Solar Project in NSW, page-6

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  1. 426 Posts.
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    These types of transactions always leave a question mark in my mind. If the project is so financially viable, why is the vendor selling? Are they under some sort of financial pressure? Or their outlook for long-term power prices is now more negative than when the project was conceived (including lower REC prices, etc.)?

    Simon is a smart guy though, so fingers crossed he has this all thought out.
 
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