Ashentegra’s post above gives a detailed knockdown. I believe...

Ashentegra’s post above gives a detailed knockdown. I believe $648 m is the discounted value from the senior secured bank debt (haven’t seen a figure for that).The project was budgeted at $500 odd million and ended up costing around $850 million. As APA acquired the senior debt which presumably includes accumulated maintenance and other capex ( they had a severe breakdown which is what sank Basslink Jin the first place), I would guess the original value of bank debt closer to $1b.

If the idea is to have an understanding of what the value of APA’s outlay of $813 million is actually worth now a better measure is what the Marinus Link is estimated to cost (and which will essentially do the same thing Basslink can do) - it is more than $3.3 bn. Note that Marinus is to be Builth as two stages of two 700 MW lines and stage 1 alone will cost $3.3 bn.

When valuing APA I would take a value of $3bn for Basslink alone.