Which suggests good opportunities for Smithfield and BESS, and higher average electricity prices over summer at non-solar times.
IFN is enjoying solid cashflows, directed to building its cash position to aid Smithfield-related futures trading and to debt principal repayments. RR & team will be looking closely at the next addition to the generating kit - batteries, Forsayth (capital lite), fresh projects or M&A.
Each geographically diverse addition to IFN's generating assets makes all existing more reliable, more consistently able to meet demand.
Ash
IFN Price at posting:
50.0¢ Sentiment: Buy Disclosure: Held
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