Solaer Renewable Energies Ltd. · TASE:SOLR
Solaer Renewable Energies — Q3 2024 Earnings Presentation
17 slides from Solaer Renewable Energies's earnings presentation, 2024
Slide 1: Solaer Renewable Energies, Ltd. Investor Presentation Q3 2024
Solaer Renewable Energies, Ltd. Investor Presentation Q3 2024 Com pany’s Cacin P roje ct in Spain 1
Slide 2: Legal Disclaimer
This presentation was prepared by Solaer Renewable Energies Ltd. (the "Company" or "Solaer") as a general presentation about the Company and the corporations held by it (the "Group"). This presentation does not constitute an offer to purchase or sell securities of the Company or an invitation to rec
Slide 3: Executive Summary at the Time of Publication
Executive Summary at the Time of Publication 273 MW Connected and In Construction Hedging Electricity prices – PPAs Around NIS 724 million forecasted FFO 1 GW in Preconstruction around 650 MW under PPAs for for 2027 3GW In Advanced Development(1) periods of 10-25. Financially robust The company's sh
Slide 4: Map of the Company's Global Activities
Map of the Company’s Global Activities Power Storage Power Spain Poland (MW) (MWh) (MW) Connected (2)50 - In Construction 3 In construction (2)143 - Early Poland development 200 Preconstruction 551 600 (1) Italy Advanced Spain 430 860 Power Development Italy (MW) Early 233 466 In Development 140 (3)
Slide 5: Workplan for 2025
Workplan for 2025 Continue construction momentum in Spain & Chile Target of 1GW connected and ready to connect by YE 2026 Optimize Sources and Uses Realize projects with development premium and extend the average debt term) Series A Bonds and development loan)(2,3,5) Continue strategic partnerships
Slide 6: MOU with Global Infrastructure Fund – Sale of 100MW in Spain at a premium
MOU with Global Infrastructure Fund – Sale of 100MW in Spain at a premium Sale of in-construction and Amount: €81-88 million Contractor profit for Company connected projects Approximately € 810-880 K from construction and maintenance ALIZARSUN, VILLENA, CALASPARRA per MW Partial realization of compa
Slide 7: Spain - Mequinenza Project About to Begin Construction
Spain - Mequinenza Project Spain Country About to Begin Construction Power (MW) 125 Financial data in millions of NIS, in terms of 100% ownership Holding 47.4% The Company developed the project to “Ready to Build” and hedged Effective Holding(6) 84% revenue with a long-term PPA with a rated industri
Slide 8: Chile – Ready to Build (RTB) Projects
CALBUCO Chile – Ready to Build (RTB) Projects Project CACHIYUYO QANQINIA WIND Cachiyuyo, Qanqiña, Calbuco Wind Country Chile Chile Chile Power (MW) 51 84 48 Projects were developed by the Company up to achievement Storage (MWh) 330 450 - of all authorizations, including mining rights, regional permi
Slide 9: Sources and Uses Until Year End 2025
Sources and Uses Until Year End 2025(7) Sources (NIS Millions) Uses (NIS Millions) Cash and equivalents as at Sep. 30 2024 124 Debt service 160 FCF from sale of electricity and General and Administrative contracting profit 260 Expenses 30 FCF from project realization(2,3) 200 Investment by partners
Slide 10: Forecasted Financial Performance of Projects in Existing Pipeline
Forecasted Financial Performance of Projects in Existing PIpeline EBITDA FFO Revenue 1,600 1,600 1,600 1,412 1,400 (649) 1,400 1,400 1,141 1,200 1,200 1,200 (497) 972 1,000 (432) 1,000 1,000 782 724 (345) 800 (331) 800 800 498 600 600 600 (221) 400 244 400 400 212 174 (123) 155 175 (103) 146 (100) (
Slide 11: Notable Financial Indicators
Notable Financial Indicators Significant Revenue and Profit Growth in Quarter 120% 95% Around NIS 10 Million Cashflow from Operations Increase Revenue Increase Total Profit in Quarter Vs. same Quarter in previous year Vs. same Quarter in Previous year Vs. NIS 3 Million loss in same Quarter in previo
Slide 12: Summary of Financial Information
Summary of Financial Information Summary of Summary of Consolidated P&L Statement Consolidated Statement of Financial Position NIS Thousands For 9 months For Q3 For year דוח מצב פיננסי30.9.2024 30.9.2023 NIS Thousands 2024 2023 2024 2023 2023 Revenue 62,206 39,529 30,060 15,440 47,671 Cash and cas
Slide 13: ENAPAC Project Status
ENAPAC Project Status as of the End of Q3 2024 ENAPAC Estimated Phase 1 construction cost Expected Ready-to-Build Project US $1.5 Billion in 2025 Forecasted revenue (first year) Water capacity and solar power Around US $ 227 million 150 MW + 1,750 L/s EBITDA (first year) Negotiations for 15-20 Yr. A
Slide 14: Connected and In-Construction Pipeline
Connected and In-Construction Pipeline Expected CoD Connected Ready to Connect 2025 Total ESMARALDA TARAZONA פורטפוליו POLAND FARGUE + Project (2)ALIZARSUN הגגות 1A + (2)CALASPARRA CACIN (2)VILLENA + HORTENCIAS ESPARTALES Country Spain Israel Poland Chile Spain Spain Spain Spain Power (MW) 50 71
Slide 15: Pre-construction Pipeline
Pre-construction Pipeline Expected CoD 2025 2026 ELCHE ALIZARSUN MEQUINENZA ASHDOT ALFONSO ALFONSO ALFONSO CACHIYUYO QANQINIA CALBUCO ENAPAC GRAVINIA Total Project 1 1B YAAKOV EL SABIO EL SABIO EL SABIO WIND PV DE 1A(5) 1B(5) 2(5) PUGLIA(3) Country Spain Spain Spain Israel Spain Spain Spain Chile Ch
Slide 16: Pipeline in Early and Advanced Development
Pipeline in Early and Advanced Development Advanced Development Early Development Expected CoD 2026 2027 2027 Project Chile Italy Spain Spain Italy Spain Spain Spain Poland Italy Italy Israel Total ALFONSO ELCHE GENZANO ELCHE POLAND MATERA Country (1)LIBERTAD FERRANDINA EL SABIO 3 2-5 ENERGIA ALIZAR
Slide 17: Thank you for reading
Com panyP roje ct:Horte ncias in Ch ile Thank you for reading
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