IFN infragreen group limited

Windlab has a new owner...

  1. 3,890 Posts.
    lightbulb Created with Sketch. 409
    https://www.asx.com.au/asxpdf/20200304/pdf/44fr6cxqlnb438.pdf

    In short - WIndlab has agreed to a SoA which will see it acquired by a consortium led by LT shareholder and a consortium of companies - Twiggy Forest is the chair of part of the consortium companies (Squadron Energy) - interesting to see if any of his capital is deployed into scaling up Windlab... I know LT he and his wife have very philanthropic intentions, but they will not be crying poor in the meantime.

    Looks like a loan to Windlab of 20 million - even if SoA is not successful.
 
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