IFN 0.00% 93.0¢ infigen energy

takeover potential, page-5

  1. 27 Posts.
    I agree they are ripe for the picking. Along with the bigger boys like Origin and AGL there may be some other potential buyers.

    For example - I think Energy Developments (ENE) may be a contender. It recently sold its 50% interest in the Gastec French landfill gas (LFG) joint venture to its joint venture partner for 26.5 million and executed a growth focused debt facility with its major shareholder, Greenspark Power Holdings Ltd (who own 80% of the company and control the board)

    This asset sale and $45 million one year debt facility are part of ENE's strategy to rebalance the company's global asset portfolio. ENE's current assets are pretty boring - low growth, low return. They may choose to redeploy capital to attractive, higher growth, long term assets such as IFN.
 
watchlist Created with Sketch. Add IFN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.