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clock Created with Sketch. 19/10/22
10:58
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Originally posted by emptytrolly:
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As far as I understand it they take 12% on the amount they invested. So essentially they will get first grab of any profits up to 12% if the plants don't hit 12% then the excess is deferred and payable the following year. However, it also seems DEL will extract an amount of profit before this 12% comes into effect (assuming I'm following correctly).
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VIC1 is fairly average but SA1 is a major one as it has partnerships with AGIG & Origin. If the projects can make 17-20% IRR still solid cash flow. They'll probably do a partnership with Richgro for fertiliser distribution so that would bump up profits and you have ACCU, LGC Certificates. I'm just glad they're being built, that's the positive.
