RE: PPG Vs VELA25 Oct 2020 12:26
It was something i predicted a long time ago, PPG have shovel ready gas sites.
This placing will see the company being demerged debt free and an easy way to buy stakes in many little power projects, something that would make nice reading for a company trying to sell an IPO.
"RE: Still alive6 Jul '20
I have a theroy for a potential buyer of the gas sites.
If you read
“ Various “shovel ready” sites have already been identified in the UK, capable of sustaining gas fired power generators and ancillary structures from 20MW upwards. Financial modelling indicates projected IRRs of 13-16% and NPVs of GBP16-19 million for the initial assets.”
Would PpgS gas Sites come to Mind?"
"RE: RTO?6 Jul '20
Chances are An RTO will be the eventual outcome (subject to cash).
That quote Earlier was from the MAST ENERGY Page of kibos website, they are a subsidiary of KIBO who are completing their first gas plant by year end.
Mast And Kibo have little cash (Kibo just raised £1m for other projects) but they are looking for UK gas sites and there cannot be many around, it caught my eye last week and all I could think of was little old Ppg.
What do you think?"
"RE: The predicted 2p on Share Talk would be nice7 Jul '20
the more i think about it the more i think they are a potential buyer / partner for the Flexgen sites.
Makes perfect sense for them to merge with PPGs assets and if anything give them access to more market money without diluting Kibos primary listing, expands their portfolio. Med is almost certainly a potential RTO target.
It doesnt look like it but i assure you i have some method behind my madness here :)"