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My initial reaction was one of surprise because €650m is big enough to normally get media attention and yet I hadn't seen anything in the business news.

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Moralltach offers to purchase the property from the owner at an independently appraised value.This gave me the impression that they had property worth €230m, WTE projects already valued at €359m and Blue Sky projects worth €53m.I was surprised by this because I never expected that they would have WTE projects worth €359m!In this profit sharing example, Moralltach owns the facility.It finances the WTE System, both construction and installation.

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