The REC management flagged many moving parts in terms of the final Go for the re-start, but the US government is preparing the industry and others for a fairly clear sky scenario. This should support the management’s case for a positive decision on the re-opening of the Moses Lake site.
After the call, we have concluded that it would be wrong to be too enthusiastic about Q3.
The reported figures were a mixed bag as profitability came in below our expectations.

17 Aug 2022
A final decision is still to be made

Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
A final decision is still to be made
The REC management flagged many moving parts in terms of the final Go for the re-start, but the US government is preparing the industry and others for a fairly clear sky scenario. This should support the management’s case for a positive decision on the re-opening of the Moses Lake site.
After the call, we have concluded that it would be wrong to be too enthusiastic about Q3.
The reported figures were a mixed bag as profitability came in below our expectations.