External broker reports(aggregated public sources), Moelis Australia Ltd

MA Moelis Australia

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External broker reports(aggregated public sources)

Moelis Australia Ltd

Equity Bottom-Up

<div><div><div><div><ul><li><p>Rewiring the nation presents a generational structural opportunity: Electrical transmission and distribution construction requires significant 10,000km addition to the transmission network.</p></li><li><p>Coupled with the replacement of ageing assets, these demand drivers provide GNP with full cycle, long duration exposures to energy transition requirements, including increased firming capacity (doubled NEM capacity by 2040) and storage capacity (25x by 2030) from growing renewable energy mix.</p></li><li><p>Specialist and scale workforce with outsized capability is well supported by national footprint: The business has a strong west coast history with deep tier 1 customer relationships to support its east coast expansion. </p></li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p></div></div></div></div>

Rewiring the nation presents a generational structural opportunity: Electrical transmission and distribution construction requires significant 10,000km addition to the transmission network.Coupled with the replacement of ageing assets, these demand drivers provide GNP with full cycle, long duration exposures to energy transition requirements, including increased firming capacity (doubled NEM capacity by 2040) and storage capacity (25x by 2030) from growing renewable energy mix.Specialist and scale workforce with outsized capability is well supported by national footprint: The business has a strong west coast history with deep tier 1 customer relationships to support its east coast expansion. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

GenusPlus Group Limited (GNP-AU) – Buy – TP: $1.56