Electricity is an infrastructure business.
- Jake If you only spend 20 minutes of the rest of your life on economics, go spend them here.
There's still no reason why Unitisation could not be used as a complementary funding mechanism to conventional debt and equity.
Indeed, as a "one time" conversion, unitisation within a partnership framework could release enormous value.
And the result would be an enterprise model that works, and keeps on working, for the benefit of all stakeholders, and not distorted for the benefit of unproductive rentiers. "Any economic unit can emit money. The serious problem is to get it accepted" Hyman Minsky
