there is value in Agl's customer book, no question.... ppas on renewables keep being impaired or written up.... Bess additions will be profitable, but lack of direct ownership of future generation fleet raises questions of where AGL wants to be and how they plan to get there... at least they own 20% of powarco, which owns most of their future generation assets.
very much looking to the next report to see if the pants are on when the water goes out... market is betting not
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there is value in Agl's customer book, no question.... ppas...
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