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egco/glow/ratch
Fundamentally, Glow is totally different from RATCH and EGCO. RATCH and EGCO is mostly IPP revenue (lower risk, lower return). Glow is 1/3 industrial customer, 1/3 SPP, 1/3 IPP (more diversified, higher risk, higher return). We are talking Electricity sector; risk term is still more stable than othe...