Independent valuation of Tilt 'very optimistic' - Infratil

Tue, 18 Sep 2018

By Gavin Evans Sept. 18 (BusinessDesk) - Some of the assumptions in an independent valuation of Tilt Renewables have resulted in a “very optimistic” view of the firm’s long-term prospects, suitor Infratil says. Chief executive Marko Bogoievski said some of the assumptions are significantly more favourable than market comparatives. There are also material differences in both the expected rates of return on contracted and uncontracted cash flows, as well as the valuation of Tilt’s proposed 336 MW Dundonnell wind farm in Victoria. “Infrat...

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