Ann: Pacific Energy Secures New 12.9MW Power Station Contract, page-2

This brings contracted capacity to a shade under what it was at end of FY18 (371MW) - not bad, because it means new capacity between then and now almost offsets the loss of the large contract with Newmont (approx. 44MW) at the turn of the year.

Data from the last 8 years Financial Reports show that PEA makes between $85k and $170k EBITDA each year per contracted MW ($130k EBITDA/MW-year on average over the period).

So buying new capacity at under $200k / MW plus cost of optimisation looks like a reasonable deal.