IFN infragreen group limited

IFN and Batteries, page-264

  1. 621 Posts.
    lightbulb Created with Sketch. 229
    I'm not sure what you mean by J-POWER.

    EA has the option to purchase our 50% for a significant fixed-fee after 30 years. It is optional and, of course, they must exercise their ten and twenty-year extension options to be eligible. Who knows what the market/asset will look like then. They're enabling us to pay it off and pay dividends so I can't complain as it feels win/win.

    Also, there are still our K2H equity partners 50% which will likely acquire/obtain fractional ownership of if this eventuates and we prefer to retain ownership instead of utilising the lump sum.
    Last edited by jezyh: 04/08/20
 
Add to My Watchlist
What is My Watchlist?
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.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.