InvestorsHub Logo
Followers 4
Posts 186
Boards Moderated 0
Alias Born 07/27/2016

Re: Hugodrax post# 25585

Tuesday, 08/09/2016 5:18:03 PM

Tuesday, August 09, 2016 5:18:03 PM

Post# of 36208
Compare notes? Following today's Docket 942 filing (Stalking Horse) I have a pipeline of 5,257 MW as of 4/2/16 per SEC filing of 3/17/16. Stalking Horse takes out approximately 2,000 MW and the India sale takes out another 1,400 MW. If both deals close 65% of the pipeline goes away for $250 million, less cash to release vendor liens. That leaves 1,857 MW in the pipeline more than half of which is either zero or n/a POC(%). Even if they received cash of $1 million per MW for the balance of the portfolio they still come up short $1.5 billion to the lenders and $2 billion to creditors. So it looks like the sale of TERP and GLBL is their last hope. Thoughts?

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.