Even if true today, very unlikely to be true in the long run. From the numbers provided in the title, this deal is like an effectively risk free 16% yielding bond, except the revenues will also grow with inflation.

And it's definitely not true on a risk adjusted or cash flow basis. Also these deals can be (and probably was) levered to levels which equity investments cannot. Borrow at SOFR+x% and earn on the spread between that value and 16%. Extremely profitable and uncommon carry trade