SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Thermo Tech Technologies (TTRIF)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Zeev Hed who wrote (3799)3/29/1998 3:02:00 PM
From: Casey  Read Replies (1) of 6467
 
<< $1.5 billion in "non recourse financing" is a very big number, and
frankly I do not expect this money to be raised either as debt or as equity, at least not "very shortly".

The financing of a plant will typically consist of a mix of debt and equity.... The senior debt will be non recourse backed by the put and pay and take and pay contracts to cover the debt service requirements. Municipal bonds is one source of debt financing. The cash flows will cover the operations costs of the plants, plus the debt service plus the return on the equity. The IRR on the investment is high and will get higher as plant efficiences work their way in. Since the plants are spread throughout diverse regions, if there were 100 of them, then finding the debt financing is not such a big deal. All it takes is to get the put and pay and take and pay contracts in place. There will be no shortage of funds chasing after low risk returns...no matter how big the eventual total, and yes it will eventually be in the $billions.

Read this and Ted B.'s latest post and you may get the picture, although I don't expect you to admit it - you are clearly negative on this company...probably because you lost some money in the past. That's tough and I feel for you<g>, but that still doesn't negate the fact that this company has a technology and product whose time is coming and it's going to be a significant investment success for those who hang through the next few months.

As far as poor one track mind trooper David Alon - get a life.<g>
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News