David, I believe you sent me some comments to the Fuel Cell equipment purchase contract. I now cannot locate those comments. Could you resend them? Thanks,
Answer: Fuel Cell
Attached for your information is a memo that we plan to send out to employees worldwide Monday afternoon or Tuesday morning discussing the Policy Committee's cost saving recommendations. To the extent there are unique aspects of these policies as they apply to your business unit, please follow up with a further communication to your employees. We will send you a list of frequently asked questions that deal with systems issues. Thank you.
Answer: Cost Savings Memo
MWHRs = 4 Years and 1 quarter Flat so that equals approximately 37,250 Hours The difference between 102 (the new amount) and 94.5 (the old average flat amount) = 7.5 MW * 37,250 HRs = 279,375 MWhrs I was under the impression that a 100 MW flat amount would equal $3 million value (a $16 difference between market and $21.50). This would indicate the 102 equals a $4,100,000 valuation. As to the discount in value due to the flexibility and delivery point I am looking to you for leadership. If my assumptions are wrong then let me know. Stewart
Answer: Valuation Overview
fyi. also, I just spoke with Sarah Wesner (ext. 35261) who will coordinate with you. You can review the note with her and let's talk about their guaranty (will our guaranty format work?). Also, I'm almost inclined to go with their commitment letter (if revised) in lieu of a lengthier agreement. SS
Answer:
Differences