Friday, January 30, 2009
MMA New $200M fund - $10/watt?
News on MMA's new fund - http://greenwombat.blogs.fortune.cnn.com/ - stated $200M fund, 20.6MW = approx. $10/watt.. This seems high in relation to the prices we are seeing and what most lenders will fund. Possible developer note/other depreciation or tax credit multiplier?
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