From other solar company info, 12MW-15MW plant roughly cost 50mil-60mil.

reNikola is going to build a 330MW solar plant. Whats the cost?

I did ask the reNikola team during the live if they have the funding. They did not really answer the question. The host follow up asking them if they will do private placement to get part of the fund. No definitive answer either.

My main concern is how much funding they required for the 330MW plant?

They raised 390mil from sukuk.Is it enough?

I am a holder.

I like the story.

I am just poking around to try to understand more.

Asking question doesnt mean dislike PEB / dislike solar / spread bad words about the company.

1) PEB - 70 mil asset, 114 mil market cap
2) reNikola will reversetake over PEB
3) Independent party will evaluate reNikola Value
4) PEB will issue share to reNikola at a price 1.07/share (Probably non dilutive as share issued to acquire asset)
5) PEB raised 390 mil from sukuk bond

Things to ponder
- What is the fair value of a 88 MWP solar plant operator. (ESG compliace, recurring income)
- What is the fair P/E value for pure play Solar Plant owner / operator.
- How much additional funding do they need for the 330 MW Bukit Kayu Hitam solar plant development