Great outcome. I believe we will see this trend continue. The big O&G players are hell scared of their primary business model being disrupted and they will continue to diversify at all cost. Renewable and reliable power generation being a natural fit for them. There aren't many similar players to ERM out there, that have a renewables plus gas portfolio. IFN would be comparable and may be bought out soon as well. Does anyone know any similar ones?
Ann: Shell Energy Australia proposal to acquire ERM Power, page-11
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