Darren Myers: Yes, Richard. No, let me start just directly to your question. It does not change the outlook from our January update or for the renewables business. I think as you know, the Texas market has been a tougher market, and this is part of our annual impairment testing. There’s really two pieces to it. There’s the Senate asset, which was a 2012 kind of vintage asset that really is just being the impairment as a result of the forward pricing curve today versus where it was when the original business case was done, which has obviously changed since 2012. And then on the Texas coastal wind assets, it’s really around the congestion and basis issues that we’ve been discussing. So I would say that it reflects everything that that we’ve been discussing on the previous calls and just part of our annual impairment testing and no change going forward.
And the deferred asset that just the result of the losses that we have in the business. Just ability its tax and accounting thing and ability to use them in the short term, it doesn’t change our outlook on the tax expense or on the business.
Richard Sunderland : Got it. Very clear. Actually one follow-up for me on the Kentucky side. I think the release notes that HSR approvals have lapsed. What’s the time line to receive HSR again?
Arun Banskota: Yes. Richard, we’ve already refiled the HSR approval, and we do not anticipate that to be an issue.
Richard Sunderland: Okay. I’ll leave it there. Thank you.
Operator: There are no further questions registered at this time. I would like to turn the meeting back over to Mr. Banskota.
Arun Banskota: Thank you for taking the time to listen to our fourth quarter and full year 2022 call today. Please continue to stay on the line for our disclaimer.
Brian Chin: Our discussion during this call contains certain forward-looking information, including, but not limited to, our expectations regarding earnings, capital expenditures, pending acquisitions, asset sales and growth. This forward-looking information is based on certain assumptions, including these described in our most recent MD&A and annual information form filed on SEDAR and EDGAR and is subject to risks and uncertainties that could cause actual results to differ materially from historical results or results anticipated by the forward-looking information. Forward-looking information provided during this call speaks only as of the date of this call and is based on the plans, beliefs, estimates, projections, expectations, opinions and assumptions of management as of today’s date.
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