What's not to like here? We get to keep the Northam and Garden solar farms -- two great projects that should generate revenue for cce. (Fund wave development?) We create a much larger company under a single brand -- a strong brand with a specific focus on solar and micro grids. (Massive? Mobile? Micro? Empowering? Whatever the m stands for it works.) Moon power -- lol This brand will be seen by the deniers, the non-believers and the economical rationalist as a real option for affordable and effective power generation -- we are now talking about solar projects that pay for themselves in years not decades. (A decarbonised power option without the ideology.) Nice. We now have some amazing tie ups with government, csiro, lendlease to name a few. And, so so many potential projects in Australia and the South Pacific. I have been to every Carnegie investor presentation over the last 8 years and I'm staying to see Carnegie crack wave energy. Al Gore once said something like, "it happens slower than you expect, but then happens much faster than you were expecting". (No it wasn't bedroom talk either.) It's great to see Carnegie become a company focused on wave energy again -- they can always team up with mpower on projects -- since mpower now plan to do 'build own and operate' and even 'finance'. Zero up front on projects that pay for themselves quickly and start generate returns on decarbonised power. Very nice.
CCE Price at posting:
2.2¢ Sentiment: None Disclosure: Held
