The govt usually calls any new toll road concessions PPP's because the toll road usually are granted a 99 or 50 year lease on the land on which the roads are built. After the concession period ends the govt then gets ownership of the road.
Once Eastlink is finished there has been much speculation that the VIC govt will then put out to tender more PPP's especially ones that will feed Eastlink. When this happens expect CEU to bid on them.
If CEU gets them then you can expect CEU to act more like a growth stock rather than a defensive income payer. Its the best of both worlds, ie has growth opportunities and has defensive charactersitics.
CEU Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
