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These 9 sites funded by EIS investors could be sold in 2019 if desired, Plutus would then get 45% of the proceeds. .I presume the current electricity income is held within each of the generating companies. Can anyone confirm this.
Plutus has 45% ownership of each of the 6 completed sites generating electricity. I would put a valuation of �4.45m per site to Plutus making a current value of �26.7m rising to �40.05m when all 9 sites are producing.
Never mind a placing at a discount to this very low price, I would much prefer the PPG holding to be directly distributed to shareholders pro rata, so we would at last get some value from this share.