Reading the announcement that certainly seems to be the messaging. After selling down tilt they appear to be positioning new Trustpower as a pure play generator/ new plant developer. After the tilt experience they seems to be comfortable to manage their risk without a direct retail book.. looks positive for IFT and Trustpower shareholders although it might move them away from a bond like dividend investment into more growth, which might not align with all shareholders.. but then they don’t really matter since infratil has 51%
With power demand & prices likely to go up ,significantly? looks like a good move for TPW.
Just the "An electricity hedge structure has been agreed to support the customer retail demand. More details
of this are provided in the separate Investor Presentation released along with this statement. The
terms of this hedge underpin Trustpower’s earnings for the medium term and the initial price has
been set taking advantage of current firm wholesale prices."
to consider
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Originally Posted by kiora
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