Goldman reaffirms its conviction buy on this ASX share on Yallourn shutdown
Brendon Lau | March 12, 2021 3:43pm |
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The decision to close the Yallourn power station years ahead of schedule is getting Goldman Sachs more excited about this ASX share on its conviction buy list.
EnergyAustralia sent shockwaves through the energy market and the Morrison government when it said it will close the coal-fired power station four years ahead of forecast.
The move is backed by the Victorian state government but has riled up the federal government who warned of higher power bills.
Origin share price to benefit from Yallourn