Securing assets it is. Given that replacement cost per Kw for new plant would be around $1.4m/Kw, and Alinta have until recently had 3000Mw, then it translates to $4.2b
Even if a distressed value is realised at a miserable $900k/Kw, it translates to $2.7b
Then there is the customer base >580,000 customers factored at the very cheap value of $700 each, which translates to more than $400m. More than likely though, the customer base is worth far more
It goes on, but logically the American company, TPG, have entered the fray for good reason.
AEJ Price at posting:
6.0¢ Sentiment: Hold Disclosure: Held
