Replies to post #947 on Blue Sphere Corp (BLSP)

[OCKHAM'S RAZOR]

Well someone keeps painting .0035 with 1k shares...a tad annoying..

imo

[OCKHAM'S RAZOR]

Caterpillar will supply the electricity generation equipment and finance 70 percent of the projects' total cost. Caterpillar will provide $14 million in financing for the first $20 million project, and $7 million for the second $10 million project.

These are the first two of ten projects for the generation of 44 megawatts that Blue Sphere is planning in the US.

As a condition for the financing, Blue Sphere has already signed multiyear power purchasing agreements for the two projects with local utilities. The return on investment in the two projects is over 20 percent.