Interesting, I am not familiar with this. What does, "transition period" and "transition capital structure" mean.. is this in existance for a defined period of time, or do they mean it in the ambiguous, "we are transitioning to green" so at some point this revenue will go away?
Thanks. Very informative
Interesting, I am not familiar with this. What does, "transition period" and "transition capital structure" mean.. is this in existance for a defined period of time, or do they mean it in the ambiguous, "we are transitioning to green" so at some point this revenue will go away?
I had pretty much the same thoughts when I first read the details of the deal:
1) They still retain the FCF so what's the point? Is this an attempt to appease the ESG cult or am I missing anything?
2) Why would I want to own this?
3) I wonder how it goes