Plutus Powergen Share Discussion Threads

[bmcb5] 31/5/2018 12:48

Sembcorp Industries has struck a deal to buy peaking plant operator UK Power Reserve (UKPR) for £216 million.

[bishopawn] 31/5/2018 11:29

1renard, I thought the same, but the judgement on the Ofgem decision will be in July I discovered, but it is not guaranteed to be in our favour. Hopefully by then we will already have news on the funding of gas sites and other things, and the Ofgem decision one way or the other will be less significant in the bigger picture.

The quantum will be interesting to see when it is revealed, and presumably the time taken would indicate the complexity of the inter-relatedness of the various parties to the deal(s). But by now things should be well progressed.

If, as I am hoping, June is going to be the month for big news on the raising of funds from the likes of Reliance Energy, the banks and other financial institutions, then the current weakness in the share price provides an opportunity on timing for newcomers or "bottom feeders."

Good luck to all!!!

[bishopawn] 31/5/2018 11:09

A Cut and Paste from the Plutus Website, whilst we wait for news.....

Reliance Energy
We have a formal partnership with Reliance Energy to share solar generation sites (SolarFlex), and to raise funds. When procured, each project will be developed by Reliance Energy, and constructed and managed by PPG in return for a management fee. The equity in each project will be split 70:30, with the majority interest granted to the party that successfully introduces the site.

Funding

Debt Markets
There are emerging opportunities to provide development capital for management contracts.

Banks
We have strong relationships with banks and other financial institutions to provide debt financing.

Third Party Investors
Continuing to work actively with other potential and credible investors. The Company agreed an indicative partnership with a Big Six utility company to fund 20% of future renewable fuel and gas powered projects in line with the Company’s strategy to own 80% of future flexible generation and gas powered projects.

[1renard] 30/5/2018 22:07

what a complete twit talking to himself on the other thread. compulsive repetition on a daily basis just to try to keep his pathetic thread open. Good news on Triad. Shows that the cold February was indeed the time of most activity . Will be interesting to hear when Rockpool companies report their winter earnings. I presume the judicial review has sunk without trace unless anyone has heard otherwise. I seem to recall from energyst site that date for decision was end April. Anyone heard anything?

[bmcb5] 30/5/2018 17:11

actually, there's almost no difference, so i'll stick with the 5.25m

[bmcb5] 30/5/2018 17:10

maybe that's a touch high. I was using 2018/9 tariffs.

[bmcb5] 30/5/2018 17:05

So we'll have to assume that the Ipswich sites will have captured 2/3 of the periods, and therefore captured 2/3 of the benefit, approx £650k imo.

I estimate that Triad 'gross' revenue will be £5.25m - if the available units hit all of the periods with a full 20MW

[pbanus] 30/5/2018 16:34

good to hear from you again Savvy and thanks for the news.

[1savvyinvestor] 30/5/2018 14:53

Just a quick dip in here while waiting for further news. I only just noticed that the TRIAD dates were on 11th December, 5th and 26th Feb. That is good news as Ipswich wasn't online until mid Jan. It means that all 6 sites will have had the benefit of Triad payments this winter... which should be approx £1 million per site....and now back to my self induced purdah....

[marvin9] 29/5/2018 16:18

What ya doing CEO to earn ya fat cat pay and freebies shares?

[marvin9] 25/5/2018 21:36

What ya doing CEO?

[maybesum] 24/5/2018 14:59

Funding for gas sites is clearly proving to be problematic.

[maybesum] 21/5/2018 14:39

A whole lot of nothing going on by the looks of things. No tweets either ,zilch...

[1renard] 14/5/2018 10:03

it certainly will and more if we get news on gas!!

[bishopawn] 13/5/2018 16:52

Looking at the Charts for 2015,2016, and 2017, it would seem that April/May was the turning point to significant percentage rises in the share price. I wonder if history will repeat itself for 2018.

[jackspratt] 13/5/2018 08:13

I believe so yes - the RTO company has no outstanding debt but had declared losses which can be used to offset against future tax payments on profit

[1renard] 11/5/2018 16:15

so ; does that mean they don't actually owe the money to a particular beneficiary and that it is a smart tax device?

[bmcb5] 11/5/2018 15:51

It's one of the benefits of an RTO, i think. If there's a shell of a company with years of losses on the books, that can be attractive, rather than setting up a new company