John Laing to sell Oz wind assets, page-22

Interesting line of thought, Art.

WiND has a number of operating WF's. But.

Coopers Gap QLD WF 453Mw is contracted to AGL..

Oakland Hills VIC WF 63Mw is also contrasted to AGL.

Kiata VIC WF 31Mw is already contracted to IFN.

Coonooer Bridge VIC WF 20Mw is tiny.

Collgar WA WF 206Mw is contracted to Synergy.

Kennedy QLD with 43Mw Wind, 15Mw Solar and 2Mw/4Mwh of batteries is mired in litigation with the construction contractor.over connection issues. See: https://renewablesnow.com/news/hybrid-solar-wind-battery-complex-in-australia-facing-more-delays-675979/

IFN has likely already been offered WND prior to the WND BoD accepting Federation's bid. I surmise IFN was not interested enough, even though $60m is ~4 months IFN cashflow and very do-able.

WND has a wealth of early stage projects and IFN holders would value a broader, deeper project pipeline as RR & team would have more development options, including selling on projects while contracting for despatch - Capital Lite. There was recently plenty of capital around to fund wind farm construction. Whether this is still the.case is an open question give the recent tighter grid constraints.

Ash