AEJ 0.00% $8.00 redbank energy limited

Ann: Purchase of Redbank Project Assets, page-8

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  1. 7,263 Posts.
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    "So basically I d not believe the agreement exists unless a separate deal was done with the Administrators to keep it alive and transfer it on. In that case it is still in place."

    I am inclined to think that the agreement still exists.

    Given that the value of the Ausgrid agreement was one of the principle assets of REL, it is difficult to imagine that the lenders would have knowingly destroyed that asset.

    Also, I can't see the economic rationale for restarting the station if a supply agreement isn't in place.
 
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