RE: RE: RE: Thoughts? Financial close at Yabucoa adds significant value per share. There are a number of possibilities related to getting the best offer now that the uncompleted projects are now worth more money to the right buyer.
1. We could see Brookfield revise and extend its offer until after a Yabucoa close in obvious recognition that $2.50 is even more ridiculos now.
2. We could see any one of the bidders recognize the added value and offer an amount that both recognises the increased EBBITDA from production tax credits and values Yabucoa as if it had already had financial close.
3. A buyer could make the best offer with a contingency that the deal would not close until Yab financial close successfully happens. In fact, given that there would be a regulatory delay anyway, if an official deal was presented to shareholders in the last week of January, Yabucoa would already have undergone financial close prior to the "effective" date of the deal.