hows the nz bus sale coming along?
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hows the nz bus sale coming along?
Roadshow
CDC My view 3x upside valuation within 2 yrs
RetireAustralia. Valued at asset backing cf Ryman 3x asset backing?IFT have reviewed development pipeline since purchasing.This is why number of units sold was down to 50 from 100.Ramping up to 250-300 in 2-3 yrs.My view 3x upside within 2 yrs.JV with golf clubs great idea.
Longroad Sold 250 MW solar generation in Texas for $30m profit before it was finished.Over 2000 MW ? pipeline of developments in pipeline
NZ Bus: Derisked with councils taking on the risk.$35m income guaranteed?E buses being dropped.NZ bus only has 1 on road.
Haha??? Wellington Council installed E bus charging station in Island Bay but not enough power line capacity so they have installed a diesel generator to power recharging station WTF!
Financing:30% gearing at the moment but likely increasing as more development pipeline ramps up
DRP plan likely to be reinstated at the end of this year
This is an issue I pointed out in one of the gentailer threads some time ago. It isn't just a matter of installing charging stations around the country, the untalked about issue is that there just isn't the powerline capacity to install sufficient charging stations to cope. This is particularly so in the more remote areas, but the fact that it has arisen in a city does surprise me. I would have thought that factor would have been thought out in advance.
Government funding for NZBus charging stations at Kilbirnie and Karori. Looks like Wrightspeed is now out of the picture for conversions, now a Chinese supplier.
More than 50 old trolley buses should be converted to battery-power and put back on Wellington's streets from January thanks to a $763,000 government grant.
http://www.stuff.co.nz/business/1060...-get-subsidies