RE: RE: Gaz de France Suez sells Can you tell us how you get this?
It says Enterprise Value (EV) was over $2 Billion but gave no total value. I don't see where the press release indicates the price that GDF Suez obtained as the purchase price. EV is equity plus debt. In the press release it says they raised $1.1 billion in Project debt.
So what purchase price are you asumming? $2 Billion?
Are you also assuming that the $1.1 billion Project debt raised just replaces other existing debt or is in addition to other debt? Either way, I see no definitive purchase price, and as usual, the typical wind and solar companies don't give the public anywhere near enough information to know what is happening.
Western Wind is much more open about operations than most or all of its peers.