Many thanks for recording @LifeUniEvery42. Just a few points...

Many thanks for recording @LifeUniEvery42. Just a few points that I think this is a great opportunity we are embarking in the USA at this juncture.

I think we are in a good place to have Jason joining our team in April this year. He comes with 15 years of experience in Industrial wastewater and deriving from the webinar, he had closed at least 1 waste to energy deal within the 9-10 months prior to joining us. As the Inflation Reduction Act (IRA) was only put in place from August 2022, he had managed to strike deals qualified for the tax credit with one as high as 45%.

There is some inbuilt urgency in the IRA as one of the condition to qualify for the tax credit is the projects must begin before 31/12/2024 with 5% of CAPEX spent; and must be completed by 2028 and show progress throughout. This gives the industry from now the next 18 months to see deals coming through.

Understand that we are able to at least achieve a minimum of 30% tax credit, that would effectively reduce the CAPEX of the projects by a minimum of 30% which not only would make the projects viable, but in most cases, its turning a cost to the customers to an earnings proposition.



https://www.fluencecorp.com/cases/waste-to-energy/

I am quite sure with our 41 plants references spread from Italy to South America, we would have an edge to compete in this venture in USA.

If the deals go the way of BOOT and O&M contracts or a recurring revenue model, it will be added to our predictable income stream which will add to the valuations of our company.