1. The investor owns the total project if they buy all 146 million units.
6 million units at $1 equals 6 million dollars
140 million units at $1.27 equals 178 million.
Total I vestment is $184 million
2. We own the development agreement and it all gets sold into the investor. There is no residual or share to the developer.
3. There is no PPa as we merchant and sell all the electricity on the Farm.
4 we operate the farm in model which all fees etc come to 0.05c per kwh of electricity produced. This includes operation and maintenance.
The 15percent return is net of all fees, and based on a 220 million valuation. Actual cost to the investor is 184 million dollars so the return is actually higher.
Expected net revenue is 90k per day, or 33 million per annum.
The entire asset sits in the Managed invesment scheme.
The farm has land ready, development agreent in place and connection agreement ready. Just got to pay for them. It is 90 days away from ready to lay panels.