EOIs sought to provide Monash University with 55000 MWh of renewable electricity per annum.
I estimate that to be the output from 20MW of capacity, or half of Cherry Tree (40 MW of capacity * 31% utilisation * 97% availability * 365 days in a year * 24 hours).
It would be a valuable PPA to Infigen because, like Bodangora, it should enable debt funding for 40-50% of the project ($80/MWh * 55000 MWh * 10 years = $44M)....... Infigen could cover the rest - est. $55M - from existing cash, or future cash flows.
IFN Price at posting:
98.5¢ Sentiment: Buy Disclosure: Held
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