NEW new energy solar limited

Insanely cheap, page-27

  1. 4,222 Posts.
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    May not be much point in looking at the 2019 accounts to see whether income is sufficient to fund distributions. The 2019 figures include only partial income from Organ Church and Beryl, and effectively none from Mount Signal 2. Beryl and Mount Signal 2 are large plants and together are 42% of the total generation capacity of NEW's portfolio. MS2 PPA does not start until June 2020, and there is no guarantee that the plant willl have been able to reach full generation capacity or realise power prices in the merchant market that will happen when the PPA comes into effect.

    The 2021 accounts should be a lot closer, but that's nearly a year away unfortunately.
 
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