20% Roi is good but....17 May 2021 13:55
'The O&M contract value for the Company is expected to be approximately EUR215,000 per annum'.
This is the really interesting part for me because it confirms why I am so inappropriately overweight here - its all about the way these agreements generate the 'cash cow' effect. An actual figure has not been available before.
There will, of course, be some margin on the euro1.75m engineering/parts, and the 20% ROI is very attractive but that yearly income, Euro200K on a 1MW facility, lets say Euro 1-1.5mil on a 15MW facility, repeated many times is where to money rolls in. Before long pump priming the equity will not be necessary (hopefully), so that will be the key figure. May not see one again if confidentiality included as part of the deal also.