Tecogen Inc. · AMEX:TGEN
Tecogen — Rodman & Renshaw 19th Annual Global Investment Conference 2017
17 slides from Tecogen's conference presentation, Sep 5, 2017
Slide 1: Rodman & Renshaw 19th Annual Global Investment Conference
Rodman & Renshaw 19th Annual Global Investment Conference John Hatsopoulos, Co-CEO NASDAQ: TGEN September 12, 2017
Slide 2: Safe Harbor Statement
Safe Harbor Statement This presentation includes forward-looking statements within the meaning of Section 27-A of the Securities Act of 1933, and Section 21-E of the Securities Exchange Act of 1934. Such statements include declarations regarding the present intent, belief, or current expectations of
Slide 3: John N. Hatsopoulos: Co-CEO & Director
John N. Hatsopoulos: Co-CEO & Director 3 • Retired President and Vice Chairman of the board of directors of Thermo Electron Corp. (now Thermo Fisher Scientific) • Developed Thermo’s famous ‘spinout’ strategy, resulting in the spinout of 24 public companies from the parent • Raised nearly $5B from 19
Slide 4: Genesis of a Pioneering Clean Energy Company
Genesis of a Pioneering Clean Energy Company 4 Born out of the R&D New Business Center of Thermo Electron Corp., Tecogen technology was developed by leading thermodynamic experts with funding from the Gas Research Institute, Department of Energy, and others. In 2000 a group of private investors, inc
Slide 5: Leading Manufacturer of Clean Energy Solutions
Leading Manufacturer of Clean Energy Solutions 2000 2002 2004 2006 2008 2010 2012 Thermo sale of TECOGEN to private investor group First (and only) engine- driven CHP module to obtain full California Electric Rule 21 certification CEC awards TGEN Research Contract for development of new Microgrid CH
Slide 6: Why Tecogen? Heat, Power & Cooling Cheaper, Cleaner, More Reliable
Why Tecogen? Heat, Power & Cooling that is Cheaper, Cleaner, & More Reliable Tecogen’s compelling ROI proposition meets the needs of a diverse range of customers. Hospitality Health Care Education Multi-Unit Residential Industrial Municipal Recreation “Unregulated Utility” CHP Modules Electricity &
Slide 7: Opportunities & Outlook
Opportunities & Outlook a growing company in a growing industry •High ROI product •Technological innovation •Relationships with key partners •Increasing environmental and regulatory pressures •Resiliency and Demand Response concerns Sales •Turnkey installation •Long term service agreements •Nationwi
Slide 8: Diverse Range of End Market Customers
Diverse Range of End Market Customers Installed Base* Compelling value proposition across customer market segments reduces volatility from individual customer verticals. 8 *Approximate recently installed base by end market at YE2016. Recreation 3.5% Education 19.8% Other 9.8% Health Care 9.5% Hospit
Slide 9: Merger with ADGE
Merger with ADGE 9 Successfully completed merger with Tecogen and became a wholly-owned subsidiary on May 18, 2017 On-Site Utility business model installs, owns, and maintains natural gas powered cogeneration systems Fleet: 93 systems, 5.5MW of installed capacity One 500KW site under constru
Slide 10: Ultera Emission System Features & Advantages
Ultera® Emission System Features & Advantages Non-invasive emissions system − Reduces criteria pollutants (NOx, HCs & CO) to near-zero fuel-cell equivalent levels − Simple retrofit to existing engines with no performance degradation Proven in Tecogen, Ford, GM, Caterpillar, Generac, etc. Paten
Slide 11: Non-stationary Ultera Applications
Fork trucks that operate indoors must meet stringent emissions standards − CO and NOX can be deadly Significant interest from manufacturers − Propane is already the fuel of choice thanks to affordability, robust distribution network, and good power profile − Batteries and fuel cells greatly comp
Slide 12: TTcogen JV: Infinite Potential
TTcogen JV: INFINITE POTENTIAL 12 Features 50/50 Joint Venture launched in May 2016 with European CHP expert TEDOM Brings TEDOM packaged CHP portfolio to U.S. via Tecogen sales & service network Combined product portfolio serves energy needs from 35 kW – 4 MW – quadruples addressable market fo
Slide 13: Indoor Agriculture
Indoor Agriculture 13 Tecochill natural gas powered chillers provide a unique value proposition for indoor farming -Only natural gas powered chiller on the market -No need to upgrade electrical system -Removes heat generated by lighting -Dehumidifies the air -Virtually pure CO2 exhaust can be utiliz
Slide 14: 2Q Financial Metrics
2Q Financial Metrics Revenues, Margins, Growth Four revenue streams − Product sales − Long-term service contracts provide stable ongoing revenue − Turnkey Installation through Tecogen service operations − Energy production from ADGE provides second source of stable ongoing revenue Quarterly Prod
Slide 15: YTD Financial Metrics
YTD Financial Metrics 15 *Adjusted EBITDA is a non-GAAP financial measure. Please refer to our earnings press release dated August 14th, 2017 for a discussion of management’s use of this non- GAAP measure and a reconciliation to the most directly comparable GAAP measure. The first half of 2017 was t
Slide 16: Growth Opportunities
Growth Opportunities Core Business – Robust Demand for CHP Systems and Chillers • Economic Fundamentals drive long term adaption of distributed generation – high electricity prices, low cost natural gas, grid and building resiliency concerns – >$40B market potential for CHP • Technological innovatio
Slide 17: Q&A Company Information
Q&A Company Information Tecogen Inc. 45 First Avenue Waltham, MA 02451 NASDAQ: TGEN www.tecogen.com Contact John Hatsopoulos, Co-CEO 781.622.1122 John.Hatsopoulos@tecogen.com Jeb Armstrong, Director of Capital Markets 781.466.6413 Jeb.Armstrong@tecogen.com 17
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