snoopy I have been pondering over your last posting and the cost of building a new CCGT and the need capital raising.
With closure of the rankine units Genesis would have spare land/site/electricity transmission in place.
They have the gas from kupe which will be cheap.
Perhaps it might not be such an additional cost.
Interest rates on borrowings would be less so a capital raising might not be necessary.
Possibly a smaller unit.
I seem to recall Todd have plans to build a gas plant and much lower cost-but that might be a peaker