RE:Change in directors I don't see that happening if Brookfield has a say. I find it odd that the latest presentations don't mention much about the expiry of the AB hydro PPA. Slides 4 and 5 in the
Nov 18 Presentation give some useful information i.e. TA owns and operates over 90% of AB's hydro and there is significant upside when the PPA expires in 2021+. Given the rosy picture in Nov 18, it would be nice to get an update.
My guess is Brookfield makes an offer for TA prior to the expiry of the PPA. Once they have TA they will also own a majority stake in RNW. They will then make a miserly offer for the publicly held portion of RNW and roll the RNW stake along with the other renewables in TA into Brookfield Renewable. The non-renewable TA assets will be sold. Like spitting the pit out of a cherry. Pure speculation on my part.
stockstarker wrote: .................. The future is looking much better and we could see both the dividend and share price rising significantly in the future.