Financial report context:
in the fourth quarter of 2002 , aes lost voting control of one of the holding companies in the cemig ownership structure . this holding company indirectly owns the shares related to the cemig investment and indirectly holds the project financing debt related to cemig . as a result of the loss of voting control , aes stopped consolidating this holding company at december 31 , 2002 . other . during the fourth quarter of 2003 , the company sold its 25% ( 25 % ) ownership interest in medway power limited ( 2018 2018mpl 2019 2019 ) , a 688 mw natural gas-fired combined cycle facility located in the united kingdom , and aes medway operations limited ( 2018 2018aesmo 2019 2019 ) , the operating company for the facility , in an aggregate transaction valued at approximately a347 million ( $ 78 million ) . the sale resulted in a gain of $ 23 million which was recorded in continuing operations . mpl and aesmo were previously reported in the contract generation segment . in the second quarter of 2002 , the company sold its investment in empresa de infovias s.a . ( 2018 2018infovias 2019 2019 ) , a telecommunications company in brazil , for proceeds of $ 31 million to cemig , an affiliated company . the loss recorded on the sale was approximately $ 14 million and is recorded as a loss on sale of assets and asset impairment expenses in the accompanying consolidated statements of operations . in the second quarter of 2002 , the company recorded an impairment charge of approximately $ 40 million , after income taxes , on an equity method investment in a telecommunications company in latin america held by edc . the impairment charge resulted from sustained poor operating performance coupled with recent funding problems at the invested company . during 2001 , the company lost operational control of central electricity supply corporation ( 2018 2018cesco 2019 2019 ) , a distribution company located in the state of orissa , india . the state of orissa appointed an administrator to take operational control of cesco . cesco is accounted for as a cost method investment . aes 2019s investment in cesco is negative . in august 2000 , a subsidiary of the company acquired a 49% ( 49 % ) interest in songas for approximately $ 40 million . the company acquired an additional 16.79% ( 16.79 % ) of songas for approximately $ 12.5 million , and the company began consolidating this entity in 2002 . songas owns the songo songo gas-to-electricity project in tanzania . in december 2002 , the company signed a sales purchase agreement to sell 100% ( 100 % ) of our ownership interest in songas . the sale of songas closed in april 2003 ( see note 4 for further discussion of the transaction ) . the following tables present summarized comparative financial information ( in millions ) of the entities in which the company has the ability to exercise significant influence but does not control and that are accounted for using the equity method. .

Financial table:
as of and for the years ended december 31,: revenues; 2003: $ 2758; 2002 ( 1 ): $ 2832; 2001 ( 1 ): $ 6147
as of and for the years ended december 31,: operating income; 2003: 1039; 2002 ( 1 ): 695; 2001 ( 1 ): 1717
as of and for the years ended december 31,: net income; 2003: 407; 2002 ( 1 ): 229; 2001 ( 1 ): 650
as of and for the years ended december 31,: current assets; 2003: 1347; 2002 ( 1 ): 1097; 2001 ( 1 ): 3700
as of and for the years ended december 31,: noncurrent assets; 2003: 7479; 2002 ( 1 ): 6751; 2001 ( 1 ): 14942
as of and for the years ended december 31,: current liabilities; 2003: 1434; 2002 ( 1 ): 1418; 2001 ( 1 ): 3510
as of and for the years ended december 31,: noncurrent liabilities; 2003: 3795; 2002 ( 1 ): 3349; 2001 ( 1 ): 8297
as of and for the years ended december 31,: stockholder's equity; 2003: 3597; 2002 ( 1 ): 3081; 2001 ( 1 ): 6835

Additional report context:
( 1 ) includes information pertaining to eletropaulo and light prior to february 2002 . in 2002 and 2001 , the results of operations and the financial position of cemig were negatively impacted by the devaluation of the brazilian real and the impairment charge recorded in 2002 . the brazilian real devalued 32% ( 32 % ) and 19% ( 19 % ) for the years ended december 31 , 2002 and 2001 , respectively. .

Question: what is the implied total value of medway power limited , in us$ ?
Answer: 312000000