Everyone is thinking about the takeover.
Meanwhile, David Leitch at RenewEconomy has discovered utility solar is a marginal proposition and the real dough is in utility wind.
HC contributors have been across this for some time.
https://reneweconomy.com.au/utility-solar-may-be-low-cost-but-it-is-even-lower-value-86536/Iderdrola should be paying a premium - not just asset backing - for a pure wind-only operation with battery and gas 'firming' and no solar.
If IFN retains its independence after this battle, a real case can be made for buying second-hand wind farms. Adding a battery to soak up intermittent volts to despatch into peaks transforms them. If it later wants to re-turbine with bigger more efficient models, fine.
Ash
(20min delay)