RE: RE: phase 1 ,,,,,,,,INE raises $50 million Seeing as we don't really know any of the other bidders, I believe everyone's passing them all off, and dedicated to INE buying this out-right. I have to wonder where GE sits in this, with their previous agreement with the one project's funding. With INE going ahead with their recent purchases of $68.6M, and their upgrades totalling an expected $28.5M, I can't say for certain that they're gonna be the winning bid.
The speculation in here is that FVR is selling for $50M. A 20yr agreement, and 355mwh accumulitive portfolio which is expected to bring in $100M annually, must be worth a bit more than $50M. Especially when you consider FVR's other assets outside of these 4. Including, their already deposited $4M to the BC gov't for the projects.
With that thought in mind, I really want to see a bidding WAR!! First round, might be in the $1 range..