Doesn't really help (if Brookfield purchase) if all these assets already have long term PPAs in place, short of Cherry Tree and Kiata which are already with IFN for off take which I think was in their last annual results preso?
Renewables are only struggling in rural areas with skinny/stringy lines, I don't think that statement can be applied generally. Build some wind (preferably) or solar around the hunter or Dubbo regions with strong transmission and you're unlikely to see another Broken Hill curtailment scenario.
It's standard Aus mentality, the closer it is to population the better (generally) the transmission, but also you get the NIMBYs burring up. Makes it hard to get Devs off the ground in strong transmission areas.
I don't think IFN needs more debt. I'd prefer they get a PPA from someone else in one of these areas and have the financial contract only, not the balance sheet weight!
IFN Price at posting:
70.0¢ Sentiment: Hold Disclosure: Not Held
