Ann: TNG Mandates KfW Bank for Debt Finance for Mount Peake, page-100

if PB is targeting financial close by Q'1 2020,there won't be much plant building in 2019 as the senior debt will not be drawable until all conditions precedent are met,which will include raising of the remainder of the debt and equity components.They certainly could raise the equity component early,to start building,but that would likely mean heavier dilution,unless raised at project level.I see production at 2022.....