LLEG has had all their expences reimbursed in the project and currently has $0 debt. The remaining balance from the "partial payment" made to LLEG is the $2M+ everyone keeps referring to.
LLEG still has an interest to be bought out yet, likely after construction funding is granted, which is after PUC approval of the PPA, the SEC has already APPROVED ALL changes in the Site Permit.
In so far as the Berlin facility; "Cate ends up with an investment of debt $58.7M into a facility that will generate less than $12M by revised PPA figures." here is a link;
You will find that the Berlin plant will generate $1.3B by revised PPA figures, not less than $12M as you stated.
How much LLEG still stands to collect is yet unknown due to a NDA(non-disclosure agreement) still in force. Why? Because opponents of the project would have used the terms therein as a battering ram against the project claiming LLEG had no right to make $X from the project, even though it was their idea and work that made all this happen.
Would I like it to be known? Absolutely. But I have confidence that Mike would not have made a bad deal for LLEG. Some disagree. Each is a matter of opinion and will be the subject of future discussion once LLEG CAN DISCLOSE. Which in my book means, after they get PAID ! ! !
As far as MA and CA deals go, please read the PR's in the I-box, they are fairly self explanatory.
PATIENCE IS STILL KEY WHILE WE AWAIT A FORMAL STATEMENT FROM MIKE / LLEG ! ! !
PANIC IS THE ENEMY ! ! ! !
EVER FORWARD, EVER UPWARD ! ! ! !
LOOKING FORWARD TO ANOTHER GREAT DAY, WEEK, MONTH AND YEAR WITH LLEG !!!
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