POW - Ca Mau PPA negotiations enter final phase - AGM Note
  • 2021-05-27T20:25:52
  • Company Research
We attended POW’s virtual AGM during which discussions about future capacity expansion, bad debt from EVN Electric Power Trading Company (EVNEPTC) and the Ca Mau plants’ power purchase agreement (PPA) review grabbed the most attention from shareholders. Overall, we see insignificant changes to our 2021F forecast, pending a fuller review.