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Re: Neophius post# 19740

Monday, 11/02/2015 1:01:57 PM

Monday, November 02, 2015 1:01:57 PM

Post# of 50725
Graecrest is what changed. They facilitate this kind of thing, it's what they do. They provide administrative and cost over sight, assist with labor capital, offer institutional experience, engineering expertise, etc. GC then gets to buy the power at a profit to dnrg but a discount to the market and sell it at a markup. GC profits off of the spread. That's how GC gets paid back. It's like 'here's 1.2bil, and a ready and garunteed customer, and enough consulting and efficiency experts to get it done on time and cheaply'

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