RE: Repowering19 Feb 2026 15:33
Tichitch - divi cover I’m expecting to be be north of 2x although depends when they report from
Wind has been up significantly from when they were c1.5/1.7x covered
NAV might be down again on power price assumptions but doesn’t mean a whole lot, if divi cover is north of 1.7x this just has to rerate. Can’t have an 11% divi that well covered it’s completely ludicrous. Usually when a company has an 11% divi, it isn’t covered, so less than 1x