"PREL Peterborough Energy Park 80 MW UK - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
The "PREL Peterborough Energy Park 80 MW UK - Project Profile" is part of Timetrics database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.
Summary
The Peterborough Renewable Energy Ltd (PREL), a subsidiary of Green Energy Parks, is undertaking the development of Peterborough Energy Park project in Peterborough, the UK.
The project involves the construction of an 80MW energy park on 13.7ha of land and planned to be developed in different phases. The first phase of the project will produce 36MW of energy.
The project includes the construction of a research and development center, two three-story buildings, a combustion chamber and plasma treatment chamber, powerhouse and substation, the installation of turbines and the laying of transmission lines.
The facility would be capable of processing or recycling up to 650,000 tons of commercial, agricultural and other waste, biomass and bio-crops and would generate 80MW of electricity annually.
The waste will be sorted into recyclables and leftovers. The recyclables will be recycled and the biomass residues will be gasified, creating electricity.
In November 2009, the project was approved. Davis Langdon was appointed as the lead consultant and owners representative for the project in October 2010.
In November 2010, Tetronics was awarded the supply contract to supply Plasma Hazardous Waste Treatment Technology.
In December 2010, KNM Group Berhad was appointed as an EPC contractor for the project. In December 2015, the project is moving in slow pace due to funding issues.
On May 11, 2016, Export-Import Bank of Malaysia Berhad (EXIM) announced US$50million funding for development and construction of the first phase.
In October 2017, KNM Group awarded US$454 million engineering, procurement, construction, and commissioning (EPCC) contract to China Western Power Industrial Co Ltd (CWPI) for the project.
Construction activities are expected to commence in 2018, and are expected to be completed by the first quarter of 2021.
Scope
The project involves the construction of an 80MW energy park over an area of 13.7 ha in Peterborough, East of England, the UK.
The US$740 million project includes the following:
1. Construction of a research and development center
2. Construction of two three-story buildings
3. Construction of a combustion chamber and plasma treatment chamber
masterchef cooked since 2009, it took about 10 years for them to finally realize no gain here (trade war and uncertainties of Europe economy) thus PN17 incoming.
Those that are invested in this company are mainly bullish on the potential earning boost that will come from the Petersborough projects. Based on the company's projection, it should be completed by 2021. Since first announced back in late 2010, it has faced with multiples delays most of them in relation to funding issues. Hopefully the project can move forward and be completed on schedule this time around.
The Impress Ethanol plant in Thailand is still loss making but will see a doubling of its capacity to 500,000 barrels by next year. With the higher capacity, there is potential for the plant to start contributing some profit to the company. Management did not provide any updates on the expansion progress in the most recent quarter. Hopefully they are on schedule for 2019 completion.
However, i still think the company would be posting losses and negative cash flow from operation until Petersborough plant is completed and running.
Investors need to be prepare to face volatility in the near and mid term. You would need to have a longer time investment horizon (beyond 2021) to see the company posting meaningful profit.
Those looking to diversify their portfolio in companies that can provide profit growth in 2019 should consider MBMR.
MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 5.8x PE (based on target FY18 PATAMI of RM145mil. 9m PATAMI is already RM106mil). PB is low at only 0.6x BV. 4Q18 results is expected to be higher than 3Q18 and last year's 4Q17.
For FY19 growth will be driven by the still high demand of new Myvi and the launch of the new SUV in 1Q19.
That fellow is trying to be very smart, but if you click on his comment, he is asking people to support MBMR.. If you don't believe, you go to his portfolio and click his comment. He posted everywhere about MBMR
As I said earlier , pls don't ever touch KNM or Bornoil ( penny among the pennies ) if u hv not strong enough holding powers. I 'm ready to hold n willing to wait . Sadly is no more bullets yo buy at such low price , hopefull ppl work harder yo push further down at 0.05 b4 skyrocketing .
As my prediction comes true. KNM is already under 10cents stocks now. So still wants to listen to sardin or goldenboy or whoever ah? Attend so many annual meeting and read so many annual report got use ah if end of the day you losing money like crazy? More pain to come becareful, whats left 10% of your capital maybe gets reduced another 50% from it later.
Careful privatised privatised until later become bankruptcy or PN17 company. But its up to you to believe whichever makes you feel better. You can keep buying it thinking it will be privatised later at price maybe 20cents? If privatised at 5cents maybe you still got some hope to get back 5cents per share. Dont worry sardine will come to your rescue with a very nice figure that is only limited by your imaginations.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
PeterPan
1,582 posts
Posted by PeterPan > 2018-12-03 19:26 | Report Abuse
KNM up 9.09% today. Margin much much higher than FD...HAHAHA