Comment by
TheBridge on Jul 05, 2022 10:16am
Thank you for posting this article mrbb. This is going to be an even bigger money maker than originally perceived and another disappointing factor is that PPL cancelled their proposed construction of a plant and then didn't buy out IPL whose plant was getting close to completion.
Comment by
CHECKMATE77 on Jul 06, 2022 7:29pm
Not so fast re profitable. original thought was cheap cheap natural gas a feed stock well you know what is happening , at least for the moment
Comment by
mrbb on Jul 08, 2022 11:51pm
i believe IPL had signed long term contract on propane as well as plastic pellet buyers IE, IPL would have steady buyers for the polyP pellet and extra cheap propane to sell to or make plastic into the spot market
Comment by
bttmfischer on Jul 11, 2022 9:50am
First, IPL is wholly owned by Brookfield. Secondly, once the hostile takeover is complete, it is hard to say what that would result in some of the contract signed by IPL, prior to it. As we all heard, the DEVIL IS IN THE DETAILS. Looking at the price of BIPC shares, it does not reflect any bonanza.