CWE 0.00% 4.2¢ carnegie wave energy limited

ceto emigrating, page-16

  1. Dis
    3,746 Posts.
    Regarding Gardner Island:

    People keep saying they need to raise $37M. They only need to raise $25M don't they? - with the WA govt grant chipping in $12.5M on a 1 for 2 basis. So they (CWE) need to contribute $5M per MW

    Contrast this with OPT 19MW Portland project. They will have to Contribute $130M to match the REDP grant on a 2:1 basis. Therefor they have to contribute $6M + per MW.

 
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