Western Wind Energy Corp V.WND

Gaz de France Suez sells

[dirac]

GdF Suez sells 60% of its wind and solar 680MW park in Canada for $ 2billion, gives an idea what our 165 MW are worth

https://www.gdfsuez.com/en/journalists/press-releases/joint-venture-canada-gdf-suez-pursues-asset-optimization-program/

[madmoney92]

IF you do the math you will get a 800 million dollar evaluation for WND I like that alot.    

[bakken13]

"If you do the math you will get a 800 million dollar evaluation for WND" ----------------------------------------------- Since you have already done the calculations, would you mind sharing? Thanks

[agrossfarm]

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

[dirac]

Since it lowers net debt by $1.3 billion for Suez it must be at least  that amount i think

[dirac]

According to Mitsui the whole project is valued at $2B ( capital plus debt) for 680 MW, so our 165MW can de valued at $ 485 ( debt plus capital)https://www.mitsui.com/jp/en/release/2012/1199414_3607.html

[agrossfarm]

The way I read their PR, the Deal, "currently developed and operated by GDF SUEZ Canada" is worth OVER $2 billion.  They don't say how much over. And they don't say how much they paid for projects still not producing. They also don't give gross revenue or EBITDA for the existing operating projects (WND gives these numbers every Q). They don't say how much they

[dirac]

Here it says they received $1,5 Bhttps://www.rechargenews.com/energy/wind/article329680.ece

[Xtrykr0]

1.5B is for 60% sold to Mitsui and Fiera meaning the total value of assets are 2.5B.