CWE carnegie wave energy limited
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BB said that at the expo he was told the cost would be between...

  1. acees
    1,592 Posts.
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    15/10/09
    15:32
    Post #: 5784649

    BB said that at the expo he was told the cost would be between 36-40 mill.

    My understanding is that the REDP money could be set against this if CWE are successful in getting a grant, so no need to raise any more money (or the investec money).

    If the REDP money didnt come through, or the 50MW site was located elsewhere, i guess they'd have to raise about 20 mill.
    CWE Price at posting: 22.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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