aet&d, page-68

If we go by the ATCO press release today stating they are paying ~1 billion (including 644 million of debt) for 100% of WAGN, it means AET&D will only receive 0.741 x ~356 million = ~263 million.

If we add to that the $168m being paid by DUET for 20% of DBP that gets us to $431m. Frankly I find these results very dissapointing.

By my calculations our investment (20.1%) in Multinet Gas is being sold for around $40m so that then makes approx $470m.

We better hope for a good price for Tasmania Gas Pipeline...

Anyone have different numbers to the above?

svdm