Ann: MOU with Total Eren to Develop Green Hydrogen Project, page-131

This explains it all:

After a few readers responded with a different interpretation ofthe announcement wording, we emailed PRL CEO David Francis and asked if he wasable to comment on speculation on the deal, here is what he said:

“The intention is for Total Eren to fund,own and operate the upstream renewable power facility and the partners (TotalEren & PRL) to own all of the downstream assets (hydrogen production anddistribution) 50:50.”

SoTotal Eren could be funding the ENTIRE cost to develop a potential 8GW wind andsolar plant.

This is WAY BETTER for our new 2021 Small Cap Pick of The YearPRL than what we first thought and shared with you yesterday.