|Bid||78.400 x 0|
|Ask||78.450 x 0|
|Day's Range||78.350 - 78.900|
|52 Week Range||70.250 - 80.400|
|Beta (5Y Monthly)||0.38|
|PE Ratio (TTM)||42.64|
|Earnings Date||Aug 02, 2021|
|Forward Dividend & Yield||3.10 (3.95%)|
|Ex-Dividend Date||Jun 01, 2021|
|1y Target Est||88.14|
Australia's third-largest power retailer EnergyAustralia said on Tuesday it has approved a A$300 million ($232 million) expansion of its gas-fired Tallawarra power station after securing support from the state of New South Wales and the federal government. The plant, which will also be able to use hydrogen, is seen as crucial to help plug a power supply gap looming when rival AGL Energy shuts its Liddell coal-fired plant in 2023.
Rating Action: Moody's assigns A1 rating to CAPCO's guaranteed MTN drawdownGlobal Credit Research - 24 Feb 2021Hong Kong, February 24, 2021 -- Moody's Investors Service has assigned an A1 senior unsecured rating to Castle Peak Power Finance Company Limited's fixed-rate notes drawdown under its USD2 billion medium-term note (MTN) programme guaranteed by Castle Peak Power Company Limited (CAPCO).The rating outlook is stable.The notes will be issued as Energy Transition Bonds under the Climate Action Finance Framework of its ultimate parent company, CLP Holdings Limited (CLPH, A2 stable). Such stability will extend to 2021-2022, maintaining CAPCO's credit metrics in line with the current rating amid increasing capital expenditure.The rating is constrained by CAPCO's carbon transition risk due to Hong Kong's strengthening environmental standards.
Moody's Investors Service has affirmed CLP Holdings Limited's (CLPH) A2 issuer rating and P-1 short term issuer rating. Concurrently, Moody's has affirmed the ratings of CLPH's operating subsidiaries in Hong Kong SAR, and the issuing entities of these operating subsidiaries' perpetual subordinated guaranteed capital securities and medium-term note (MTN) programs.