Solar Asset in Puerto Rico Shareholders. The solar asset in PR will be worth a sustainable amount. I called the company to figure out the PPA or purchasing price per kWh. They wouldnt disclose it, which is wierd cause I am shareholder so I think I am entitled to know, but the CFO wouldnt cough of the details. How do I knw how much my investment is worth if they dont disclose the information. Not acceptable.
Anyways, so the agreement has a 30year term on it and I think the PPA is between 10-15 per kWH basis on existing electricity rates in PR.
A 30MW plant could once it is operational couldbe sold for $3 per watt concluding the NPV fto upwards of 90Million. This project should be worth 1 per share easily.
Having 9years of industry experience and being involved in MW`s of solar projects my early indication is that this company is worth about 200MW of power generation. Considering the massive push back from wind power (very few projects moving forward due to `not in my backyard`` attitude) and the delays in solar power in the USA. These are environmental factor and intangible assets.
I would peg these assets at 3per watt at 200mw is 600million in assets divided by 70million on the float is worth about 8.50 share. Lastly, the carbon assets could be sold over the next 30years for 100million which is worth an additional 1 per share brings us to 10.00 in NPV on the company.
If we sell it we need to discount it about 40-50percent which puts the stock at about 5bucks per share.
WE SHOULD NOT ACCEPT ANY OFFERS BELOW 4.50 per share!! THIS IS OPERATION RENEWABLE ENERGY ASSETS! THIS IS BETTER THEN A GOLD MINE.
REJECT ALL OFFERS BELOW 4.50. DONT LET THE CROOKS STEAL YOUR MONEY!!
ReduceCo2