Aug 3 (Reuters) - Takeover target Infigen Energy Ltd
said on Monday it expects its revenue and core earnings
in fiscal 2021 to be materially lower than fiscal 2020, as it
grapples with a substantial drop in wholesale electricity
The company also said in a statement that it expects to book
non-cash losses of A$15 million to A$20 million ($10.7 million
to $14.3 million) on its contracted assets in fiscal 2020.
Infigen is set to report its full year results on Aug. 20.
($1 = 1.4002 Australian dollars)
(Reporting by Shriya Ramakrishnan in Bengaluru; Editing by