Capital Structure ImprovementManagement's plan to address upcoming CEPF buyouts involves higher cost of capital on refinanced and new debt raised, but if executed according to plan, the company should reemerge with an improved and less complex capital structure.
M&A PotentialM&A appetite for renewable portfolios remains strong despite IRA uncertainty, such that there is upside potential once CEPFs are addressed.
Portfolio ValueManagement has described wind repowerings as NPV positive, extending asset life and cash flows.