couple of things come to my mind..
1. Australian super is doing to org, what mcb did to agl
2. mcb would likely be very keen to work with Brookfield as he is highly motivated towards the transition of energy generation - which BIPC/BEPC have 4 billion flagged for spending on their successful purchase with additional investment
3. if big fish continue to block... I can see them potentially making a direct entry by themselves - so rather than benefit AGL or ORG, it will actually be more competition.
both of these companies have a firm hold on the lions share of the retail energy market here - they are both appealing targets for the benefit of vertical integration and therefore better margins than wholesale.... but the level of new competition from international players should not be ignored.
Australia is a small fish in a pig pond
dyor mtfbwy
hold: agl, nyse:bipc, bepc, jxi
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couple of things come to my mind..1. Australian super is doing...
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