Ann: RCR Prospectus - Entitlement Offer, page-22

“RCR appears to be taking a step back from the solar industry, saying it would increase its exposure to the rail and transport sectors, and would “selectively pursue” renewables opportunities. It would seek “alliance style” contracting models rather than fixed price contracts.
It hinted that the Daydream/Hayman project was not the only problem, with negotiations being conducted with other customers for variations and claims....
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Interestingly, Grant Finn, the head of another major solar contractor Downer Group, noted in his company’s recent results, that the renewables business was booming and most projects were large-scale and “were not particularly difficult in themselves engineering wise.”
But he said: “Because they’re bid at pretty tight margins, you can’t have too many things that upset you. Whether it be ground conditions or weather or whatever. I think all of the contractors are still in a position of making sure that they have very good execution on construction of these projects.
“Every man and his dog is in there trying to build these things,” Finn said.