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0.00% 9.5¢ babcock & brown power

Ann: ORG: Origin acquires 180MW longterm power pu, page-13

  1. Jetson5
    1,013 Posts.
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    15/05/09
    09:30
    Post #: 5139395
    re: Ann: ORG: Origin acquires 180MW longterm ... Correction to my last note... Origin already own the plant. BBP obviously had been buying the power through a PPA and selling it in the market.

    BBP have now relinquished the deal and origin as well as owning the plant will also own the output and rights to sell it.

    If this is the case then BBP would only have been earning marginal income anyway....

    BBP Price at posting: 10.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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