RE:RE:Anyone buying?Ripper
That is not how project finance works. Western Wind did not have a pot to piz in when it receievd a $313 million project loan to build Windstar and own it 100%. Project finance is all about the project and the board of directors. Likewise, the value created at Sage is immense and the project loan is on the assets, not the earning history. Go look at the yieldco's AQN and NPI and their shareprice. They have tons of revenues and are hurt because of stupid deals. Look at their 12 month share price.
Anyway, do not invest in GRB. Its not good for you