[darwink]

If Enmax did sell Versant right now, would they get their $1.8B back?

"
The U.S. regulated electric utility industry currently exhibits a weighted average P/E ratio of approximately 19.80 to 21.54, with industry-specific analysts noting a 19.99 TTM (Trailing Twelve Months) P/E for 4Q 2025
. "
They'd get maybe $2.6B.

 

[trtcttc]

If Enmax did sell Versant right now, would they get their $1.8B back?

It’s estimated that Versant could be worth as much as $2 billion, and provide a shot in the arm to help pay for mounting costs related to aging water infrastructure.

Mayor Farkas favours Versant Power sale, review of all city assets - LiveWire Calgary

No sale is imminent, though there’s a movement afoot to evaluate the potential value of Enmax, or at least parts of Calgary’s wholly owned utility to generate cash and capacity. While Postmedia columnist Don Braid delivered a glancing blow on the potential sale of the Versant Power property, it...

livewirecalgary.com

There it is... this isn't about some bad investment. It's a way to fund water infrastructure without raising taxes. No different than selling of public assets.

 

[Mountain Man]

Seems like selling it could be a good idea then.

 

[Mountain Man]

Took a couple pictures of the work in North Edworthy beside the Shaganappi Pump Station. The excavation in the first couple pics is where they exposed the pipe I believe, can't get high enough to see what they dug. Not sure what the giant round part is in the last couple pics. Maybe some sort of hoarding where they can lower equipment down into the excavation where the TBM is digging the new pipe.