Infratil Limited · NZX:IFT
Infratil — Investor Presentation (September 2021)
15 slides from Infratil's investor presentation, Sep 10, 2021
Slide 1: Establishment of Gurin Energy: Infratil Investor Presentation
Establishment of Infratil Investor Presentation 10 September 2021
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Infratil Limited (NZ company number 597366, NZX:IFT; ASX:IFT) (Company). To the maximum extent permitted by law, the Company, its affiliates and each of their respective affiliates, related bodies corporate, directors, officers, partners, employees a
Slide 3: Transaction Summary
Transaction Summary Infratil has made • Infratil has made a capital commitment of US$233 million (NZ$331 million) to establish Gurin Energy, a pan Asian renewable energy development platform a capital • Gurin Energy will at heart be a greenfield developer, but will invest in projects at all stages o
Slide 4: Investment Thesis
Investment Thesis This is an idea An Asian Market entry Asia presents an that matters development platform roll-out opportunity for Infratil to enter markets which are following the ‘transition to renewables’ • Decarbonisation is essential to combat • Asian markets are characterised by • Augment the
Slide 5: Snapshot
Snapshot Asia remains Overview consistent with • Gurin Energy is a Singapore-headquartered, pan Asian platform with three distinct areas of focus: Three Pillared Asian Strategy our strategy of • the developing SE Asian market (initially Philippines, Vietnam, diversified Indonesia & Thailand); • the
Slide 6: A Strong, Diverse Team
A Strong, Diverse Team Highly qualified on-the-ground teams 5GW track record in the region in previous and current roles We have selected 1 staff Assaad Razzouk a strong team Chief Executive Officer ⚫ Operations & development: 1 ⚫ Co-founded Sindicatum Group and is responsible for overall strategy,
Slide 7: A Proven Track Record
A Proven Track Record Carbon mitigation track record Renewables track record The senior team has been operating in the VAM Ventilation Air Methane Charleston WtE Greenbrier WtE PT Biogas Biomass Simbhaoli (60MW) Chilwaria (38MW) USUPL (35MW) Alex 1 (24MW) region for over a decade as Duerping Malan M
Slide 8: A Global Renewables Platform
A Global Renewables Platform
Slide 9: A Global Renewables Footprint
A Global Renewables Footprint Infratil is one of the pioneers in renewables investment • Established February 2020 • Wind, Solar & Storage • 2GW development pipeline • 16 employees • Established July 2021 • Wind, Solar & Storage • 600MW development pipeline • Established October 2016 • 29 employees
Slide 10: Longroad Energy
Longroad Energy Sun Stream 2 Solar Project • In July, Longroad announced the completion and funding of the Longroad term financing for Sun Streams 2, its 200MW solar project located in Maricopa County, Arizona. Longroad owns 100 percent of the continues to project after acquiring it in early 2021 fr
Slide 11: Galileo Green Energy
Galileo Green Energy Focussed on greenfield development, acquisitions and strategic co-development opportunities • Ireland, GGE formed a joint venture with EMP, which is participating in a number of offtake bids with across multiple global tech companies as it finalises planning submissions for thre
Slide 12: Infratil's Renewables Platform
Infratil’s Current portfolio mix – operating and near-term pipeline (MW)1 Renewables By technology By company/region 2% 9% Platform 30% Infratil’s renewable 47% 33% energy portfolio 59% evolving to offer a highly 20% diversified Solar Solar / Battery Wind Wind / Solar Longroad (US) GGE (Europe) Guri
Slide 13: Infratil's Renewables Platform
Infratil’s Longroad operating assets and future additions (MW)1 Renewables 2,500 Expected MWs added Platform 2,000 1,500 Longroad 1,000 illustrates the 500 platform’s - potential to grow FY18 FY19 FY20 FY21 FY22 EBITDA steadily Longroad net operating assets Longroad new additions Longroad MW sold in
Slide 14: Infratil's Renewables Platform
Infratil’s Renewables Longroad EV / EBITDA based on March-2021 Tilt EV/EBITDA (x)4,5,6 independent valuation (x)1 Platform 40x 35x 40x 35x The recent Tilt 30x 30x Tilt sale transaction premium at Based on Dec-21 run- 28x EV / EV / EBITDA (x) EV / EBITDA (x) 25x rate EBITDA estimate, 25x EBITDA illus
Slide 15: Ideas That Matter
“Ideas That Matter” Nee O © == _longroad Oe) eee QUIrIN ENERGY® ENERGY Enersy Oascan Pacific Radiology » Ons GROUP. australia