See announcement - Major Shareholder (Kairos Fund) is starting to dump their shares. Quite surprised they waited this long. Obviously have lost faith in any turn-around.
Infigen was trying to sell Capital Wind Farm by 30-Jun. Been silent on the process over the last few months. Delays likely mean sale is struggling (not many buyers interested based on reports). No surprise given the merchant exposure of the PPA given the Sydney Desal project is shut down and need to get around $350 mil to justify sale.
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See announcement - Major Shareholder (Kairos Fund) is starting...
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