Why does Cartwright want to raise $6 billion? How has the industry changed in recent years…

Why does Cartwright want to raise $6 billion? How has the industry changed in recent years (deregulation and technology)?

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Did Calpine’s strategy of using project finance make sense prior to 1998?

What are the benefits of using project finance for power plants with long term power purchase agreements (PPA)?3.Calculate the Free Cash Flow and WACC for a typical plant.