Profitability of Welsh onshore windfarms
Windfarms are low risk, and so a 5% return on investment could be considered reasonable, and 9% comfortable.
Earnings before interest, tax, depreciation and amortization (EBITDA)
EBITDA measures the cash generating capacity of the business - turnover less cash operating expenses.
These 24 windfarms have, on average, an EBITDA of more than 70% of gross turnover.