"And while Sumitomo, via its subsidiary, is already an investor in the Australian energy sector, Infigen notes that the sale marks the first time the Japanese company has acquired a distributed energy business around the world, “marking a big shift to distributed energy.”
WA probably has the most favourable conditions of any Australian state in which Sumitomo can make it's mark in distributed energy.
TNG Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held
