FLC 9.09% 12.0¢ fluence corporation limited

Media update, page-1548

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    75% from NA Development Bank, the remaining 25% is presumably Desaladora Kenton (51% Fluence, 49% local partners).

    This is from my own notes after a recording of the Investor Roadshow presentation in Melbourne late 2017.

    "San Quintin, final approval from the local government in Baja California expected in 1Q18 which will trigger revenue recognition. It was $14m of slipped revenue from 2017, however total revenue recognition from this deal expected in 2018 is $24m. Of the $44m capex, 75% is funded by the North American Development Bank. The remaining 25% is equity funded, 51% of which is from us, and 49% from our local partner. After construction we get recurring revenue of $11m per year for the next 27 years, and then a % on the operation and maintenance of the plant."

    https://hotcopper.com.au/threads/let-us-enjoy-fly-soon.3813000/page-74?post_id=28930892#.WrwtJsIUmVd
 
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