XYZ Corporation, a publicly traded company in the renewable energy sector, has a forecasted EBITDA of $200 million for the upcoming year. Industry analysts have identified comparable companies that trade at an average Enterprise Value (EV)/EBITDA multiple of 10x. Additionally, XYZ Corporation has net debt of $300 million. Using market-based valuation approaches, the analysts are determining the fair value of XYZ Corporation's equity. What is the calculated fair value of XYZ Corporation's equity based on the available information?