re: Ann: TSE: TSI Fund Capital Structure Revi...
I sure wish I could figure out the credit 'earned' for supplying wind power. When I read on TSI it almost sounds like the wind power LOSES or has to pay carbon tax. So, since that does not make sense, I give up trying to figure it out.
In this reading though, I was happy that TSI has right of first refusal on the pipeline of TSE wind farms. So I guess in a year or three if wind farms are profitable, then TSI having first right is a good thing.
Also, I read about possible conversion of one coal station to natural gas (coal seam).
But as you say glew, it will be many years before we figure out what is going on. In this climate, I am just happy to get 11% dividend and hope the share does not go down much. It is all about bunkering down until this soverign debt thing is solved. Probably in that 50 year time frame you mention, glew!
TSI Price at posting:
72.0¢ Sentiment: LT Buy Disclosure: Held
