$IFN:ASX - INFIGEN ENERGY - Clean Energy CompanyInfigen is a developer, owner and operator of renewable energy generation assets delivering energy solutions to Australian businesses and large retailers with a development pipeline comprising equity interests in approximately 1,100 mw of large-scale wind and solar in Australia. I think there will be a steadily increasing demand to move away from fossil fuel and mining type resources to sustainable / renewable energy by the bigger portfolio managers and super funds over the next few years. Up 70% over the last year and still priced under $1, IFN could be worth a look.
Infigen invests in renewable generation and is developing firming capabilities to deliver reliable energy to Australian businesses. As the Australian energy market transitions to lower emission energy, Infigen meets this transformation through its geographically diverse clean renewable generation portfolio of assets, proven operating expertise and focus on energy firming technology. Infigen is a licenced energy retailer in the National Electricity Market (NEM) regions of Queensland, New South Wales (including the Australian Capital Territory), Victoria and South Australia. The company has wind generation assets in New South Wales, South Australia and Western Australia. Infigen is also developing options for firming in the NEM to support its business strategy. Infigen is proudly Australia’s largest listed owner of wind power generators by installed capacity of 557MW, with a further 113.2MW under construction in New South Wales, and actively supports the communities in which it operates.
