Hi Dabozza,
Did you take into account growth from the electricity retail arm in your calculations? Seems they are actively trying to grow this outside they own assets. I haven't looked into this part of the company much myself yet, but since they already have a license to enter the NEM it seems promising. In future they may be able to put in place off take agreements for future plants they build that are not self owned.
Ann: DEVO Project - Final Investment Decision, page-23
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