Hey@danhoff- Kidston solar (KS1) was contracted for 20 years to...

Hey@danhoff

- Kidston solar (KS1) was contracted for 20 years to the QLD govt from 2017.

- Pumped Hydro is 'leased' to energy Australia for up to 30 years (renew in increments of 10 years) plus option to purchase for $250Mill at the end of agreement. if you subtract the expected solar revenues from the $82 million a year average estimated that wll you give you some idea of what the 'rental fee' will be, The IRR is around the mid-teens as mentioned in an interview by Simon Kidston yesterday. (no energy price exposure).

- NAIF debt funding I believe is over 30 years at the 15-year govt bond rate plus a small margin (unknown) and the ARENA grant of $47 million I believe there is no obligation to repay that. The rest is being funded with equity.

- Jemalong: The plan is to contract out 50% and maintain 50% at spot price.

- Then you have batteries, Wind and KS2 also in the pipelne.


IMO DYOR - Not financial advice.