Bit like HGH and TRA then.
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I think out TRA,HGH,and GNE only TRA would be included in The BCS [Beagle Consumer Staple] Index.
That would be because you need a car to get to work to earn money.
Without at job HGH would not want to know you,and without money GNE would not supply you power....................lol.
who expecting a good result cause of the extra help gne provided to the market
I am expecting a very strong half year result. Happy holder.
meridian buying power from genesis
http://www.sharechat.co.nz/article/f...g-storage.html
will help the result
Does one know Bull if meridian get better out of this deal than buying at a specified rate and being able to sell at spot to users. Is it as simple as assuming GNE are doing better out of this arrangement than selling to the spot market ?
http://nzx-prod-s7fsd7f98s.s3-websit...407/234377.pdf
have to know the fine print terms of the swap option to know if it benefits either one or both but you would imagine it should be a prevailing prices
Hard to think this would be at market as meridian could simply buy spot on market without the hassle of a forma agreement.
From the meridian monthly announcements it appears they make money on aquired generation so wouldn’t be surprised if they pay a fixed rate for this generation.