There is always a scrap of fresh disclosure in reports like these.
We had earlier discussed IFN's PPAs. These share the risk and the revenues.
The ESG Report says: "Infigen has two run of plant PPAs ܥ Alinta Wind Farm, expiring 2026 and Bodangora Wind Farm (60%), expiring 2030."
IFN now likely regrets the Bodangora PPA, though it was probably necessary to get the project up.
The Alinta PPA expires in six short years. This ever-less-distant change of circumstance could prompt further investment in WA WFs. The 400Mw Walkaway project (32% interest) near Geraldton and Alinta has been permitted since 2008. Maybe.
Ash
IFN Price at posting:
51.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)