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That's probably a bit high, given that utilities would have a cost of capital of 8-10% and debt costs around 6%. Even a more aggressive owner with costs of capital at 12-15% will leverage 70 (debt):30 (equity) for an average cost of capital of 8% or so.

Wind power
by Jerome a Paris (etg@eurotrib.com) on Mon Oct 15th, 2012 at 02:22:57 AM EST
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