RE: Anyone seen this?29 Jun 2020 22:39
What PRD had to say about infrastrata..
Predator noted the announcement on 28 May 2020 by Infrastrata plc in relation to their proposed FSRU Project, located in Barrow-in-Furness, northwest England. Comparative CAPEX costs are signi?cantly less for the Predator FSRU solution due to the potential to utilise existing infrastructure which ties directly into the Irish gas transmission network. This eliminates the requirement for any new ?xed infrastructure. Predator scoping technical capacity is not over-sized and is tailored to favour the strategic importance of securing premium prices for immediate access to indigenous local gas and energy supply during peak demand days when demand cannot be met by other sources of energy. Predator estimated project revenues are consistent with those quoted for the Barrow-in-Furness FSRU Project of £80 to £100 million. (EDIT per year) Predator scoping technical capacity is approximately 40% of that for the Barrow-in-Furness FSRU Project but generates high pro?t margins due to lower capital and operating costs resulting from the mature nature of the infrastructure that can be potentially utilised. This signi?cantly reduces the lead time to a Financial Investment Decision, as lower levels of risked capital can be absorbed as an operating cost over the anticipated 20 to 25-year life of the FSRU Project. Paul