So it seems that Genex intend to go on developing. What will be...

So it seems that Genex intend to go on developing. What will be interesting is their business model. Possibilities include:

• Build/own/operate - will require raising new capital (equity or finance) for each new project
• Build/Operate - sell off the asset once complete but continue to operate/maintain
• Build only - sell off the entire project once complete.

Could be a mix of the three - for example they might sell part or all of Stage 1 (with Govt-backed power price guarantee this could be attractive to the likes of New Energy Solar) but keep Stage 2 (more upside revenue potential with the ability to provide a lot of dispatchable power during the evening peak).