BBP 0.00% 9.5¢ babcock & brown power

infrastructure spending will kick in soon :-)

  1. 102 Posts.
    I was wondering if anyone knows how the huge infrastructure projects that the government will deploy in Australia will drive up power requirements and thus our share price?

    I know that new roads and railways require huge amounts of cement and steel which requires huge amounts of electrical power.

    As number of new projects will come online, for me I can only see this as a positive news for power companies such as BBP.

    Maybe this is what the banking syndicate also thought about when deciding that BBP was worth while.



 
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