The Henrietta and Stateline projects are expected to generate approximately USD11 million and USD32 million in annual cash distributions respectively and both have 20 year contract lives
. We are pleased to add these assets to our portfolio as they are in line with our long-term strategic focus of acquiring solar assets with strong, cash flows with investment grade offtakes.'
The projects are fully contracted under long-term power purchase agreements with strong creditworthy counterparties and remaining average contract lives
of 21 years.
Nearly identical salaries over the last 4 years of their contract lives
. Big money for Crawford early on with the Red Sox.
But Patriarch had traditionally recorded all his revenues at the contract dates, while the managers - conservatively planning for the future - record revenue over the contract lives
. Although the new accountants for the managers support their conservative policy, the CPAs become the targets for Patriarch's litigation.