General GNX News, page-1774

My understanding id its $50m p.a. from the date of operation - expected in 2025. CPI is then added each year thereafter. So the current peak energy wholesale prices and high inflation doesnt help the returns. Also the costs are fixed with the construction companies, so they should be wearing it.

On a side note, Canadian pension find CDPQ is interested in a $4bn stake in Energy Australia. They have a claise to buy the pumped hydro for $250m in 30yrs.