I will also add regarding cost of capital. if borrowing is needed to build, yes, interest costs have risen.
catch is, most of the capital coming into Australia at present to build is investment capital (not borrowing)... infrastructure funds, pension/super, oil.... BIPC/BEPC have their capital at call, when they say $30b... I believe them. renewables isn't the alternative asset that it used to be, but the returns are very stable and predictable once PPAs or federal government energy policies start putting defined levels of returns into the investment
Why is AGL down 4% today?, page-119
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$11.95 |
Change
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Mkt cap ! $8.039B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1329 | $12.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.36 | 52 | 2 |
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