Not sure what other alternative ID has? Massive $500m capital raise and associated dilution to avoid going into debt? What a joke.
BPT, STO, WPL, BHP in fact most ASX companies have debt...
Somehow the Jemena deal is bad? Jemena have a lot lower WACC than SXY so it is a no brainer for SXY to outsource/rent the infrastructure side of their gas business, particularly to an experienced operator to Jemena.
Not sure what other alternative ID has? Massive $500m capital...
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