Q: Could you tell me your thoughts of the deal CPX just announced with Apollo Global Management to acquire 3B worth of Natural Gas facilities in the U S and also the MOU with an un named company for 250 Megawatts of electricity for a data center in Alberta the market didn’t seem to like it down almost 10% at one point,what are your thoughts on this deal,company and would you add on this news thank you
5i Research Answer:
Please see this answer from yesterday. We like the longer term prospects here. If owned already, we might wait into the new year to add, as the recent news may result in a bit more selling or year-end positioning. But ultimately the two announcements we think look good for longer term investors.