| 11. | Iberdrola will pay $ 310 of Coelba's firm value per megawatt hour, according to Robert Fleming's Stoeppelwerth.
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| 12. | Iberdrola paid just over $ 400 firm value per megawatt hour, a yardstick commonly used by financial analysts.
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| 13. | Last month, two other energy distributors in southern Brazil were sold for an average of $ 308 firm value.
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| 14. | Brazilian utilities traded at an average of $ 230 firm value per megawatt hour before last week's market plunge.
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| 15. | Firm value is a measure obtained by dividing market capitalization and company debt by sales and megawatt hours produced.
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| 16. | Enersul could be sold at $ 400 firm value, near the highest end for utilities sold to date, Barnett said.
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| 17. | Hewitt Associates, a leading US based Human Resources consultancy firm valued the human resources capital of DSQ at $ 1bn.
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| 18. | CPFL will sell higher than what most Brazilian utilities trade at, though it won't reach Chilectra's firm value, Boente said.
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| 19. | The winning group will pay $ 406 firm value per megawatt hour sold, " right in line with recent utility sales,"
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| 20. | Analysts gauge the value of energy distributors by dividing their market value by debt and megawatt hours sold, a method called firm value.
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