11/14/2023 0 Comments Diablo 3 wings of the betrayer![]() ![]() The details of the bonds, including how much GAM paid and the underlying business, also haven’t previously been reported. GAM has seen a more than billion-dollar drop in its stock market capitalisation and placed restrictions on client withdrawals following a wave of redemption requests. Reuters’ analysis is based on benchmark figures from published market data, equipment manufacturers and regulatory information, which it confirmed with at least four industry experts. They said the cost of biodiesel and the sale price of power can vary over time but said the business model was unlikely to be break even due to the high cost of the fuel, let alone generate sufficient profits to repay the bond holder. ![]() “Diesel generation is not very common because it’s expensive. ![]() Given that biodiesel is even more expensive than diesel, it’s not really something that has been used,” said Prashant Vaze, Head of Policy at advisory group Climate Bonds Initiative. GFG named the bond plan Project LRB, or “Little Red Boxes,” a reference to the red-painted steel shipping containers that held the generators, according to one of the people familiar with the matter. These had been installed at its factories in Wales, Scotland and Northern England in 20. GFG planned to run the generators on hydrotreated vegetable Oil or HVO, the person added Ofgem data shows the generators did a short run with HVO. ![]()
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