Solaer Renewable Energies Ltd. · TASE:SOLR
Solaer Renewable Energies — Q2 2025 Earnings Presentation
25 slides from Solaer Renewable Energies's earnings presentation, 2025
Slide 1: Capital Market Presentation
Capital Market Presentation Company Project: CALASPARRA in Spain Solaer Renewable Energies Q2 2025 - Summary
Slide 2: Legal Disclaimer
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
Slide 3: Q2 2025 - Summary
Project Construction Momentum Construction of a wind project in Chile started 1 5 Around 365 MW in Spain, Chile and Poland under Preliminary construction work began and an 11-year PPA construction or connected. Projects capacity of agreement was signed with one of the largest energy groups in around
Slide 4: 4.8 GWh + 4.3 GW
Country Credit Rating Project Pipeline(1) Spain A 4.8 GWh + 4.3 GW 1.6 1.9 GW GWh Italy BBB+ 1.8 GW Mature Pipeline Chile A+ 0.5 2.2 47 1.4 GW + 1.1 GW GW GWh MW Connected, in construction and in preconstruction Israel A 171 0.7 MW GWh Poland A- 203 MW Photovoltaic Storage Wind Solaer Renewable Ener
Slide 5: Business Strategy – Value Drive Asset Management
Business Strategy – Value Drive Asset Management Focus on with investment grade markets with high growth potential where the company has a competitive advantage Maximize returns Initiate and Develop • Upgrade and Optimize Projects • Development and improvement of early-stage projects • Add storage s
Slide 6: NIS 3.8 Billion Hedged w/ long term Power Purchase Agreements
NIS 3.8 Billion Hedged w/ long term Power Purchase Agreements 10-20 year power sale agreements (ppa) with investment grade customers(4) Country Period Client )MW( Power Total revenues over period* (years) Type (millions of NIS) )4( 13 Generator 780MWH +135MW 1200 Chile 11 Trader 47MW 250 15 Industri
Slide 7: Investments and financing from leading financial institutions
Investments and financing from leading financial institutions)2( Senior debt for Acquisition of projects Senior debt for Rooftop Portfolio of around Projects in Spain for around €80 million NIS 170 Million PRIME CAPITAL Senior Debt Development Loans and Debt Mezzanine and Equity for Projects in Spai
Slide 8: Nearing completion of Infrared Capital Partners Transaction
Nearing completion of Infrared Capital Partners Transaction )2( Binding Sale Agreement with Global Infrastructure Fund) at project Connection to a fund managing over US $13 Billion ~ 810 € Around €81 million transaction value Cashflow of around €30 million to Company + contingent consideration for c
Slide 9: Sancho Project in Spain - 100MW in Construction
Sancho Project in Spain - 100MW in Construction EBITDA CAPEX =11.4% - Acquired July 2025 - Expected total cost (including construction) Country Spain approximately €620,000 per megawatt H1 Expected connection date 2026 - Commercial operation expected in H1 2026 Power (MW) 100 - An EPC agreement has
Slide 10: Calbuco Project – PPA Signed and Early Works Started
Calbuco Project – PPA Signed and Early Works Started EBITDA CAPEX =14.6% - 47 MW, annual output of about 135 GWh Country Chile Power (MW) 47 - A binding PPA agreement for the purchase of electricity with a total financial scope of approximately $75-95 million over 11 years Holding % 47.4% Effective
Slide 11: Mequinenza Project - Preconstruction
Mequinenza Project - Preconstruction EBITDA CAPEX =12.4% - The company developed the project to Ready-to-Build and Country Spain hedged revenues with a long-term PPA with a investment grade industrial company Power (MW) 125 - The joint connection infrastructure work has begun, 140MVA Holding % 47.4%
Slide 12: Cachiyuyo Project - Preconstruction
Cachiyuyo Project - Preconstruction EBITDA CAPEX =12.6% Country Chile - The company developed the project to Ready-to-Build and Power (MW) 51 hedged revenues with a long-term PPA with a investment grade industrial company Storage (MWh) 330 - A proposal was received to finance the construction of the
Slide 13: ENAPAC PV - Preconstruction
ENAPAC PV - Preconstruction EBITDA CAPEX =13.4% Country Chile - EPC contractor selected and agreement for executionAs part of the Power (MW) 150 ENAPAC water project, the company is developing the ENAPAC PV project Storage (MWh) 400 - With the grid connection, Company received a 20-year concession f
Slide 14: Gravina de Puglia Project – 140 MW
Gravina de Puglia Project – 140 MW - Binding Sales Agreement Country Italy In September 2023, a binding sale agreement was signed with a global company in the field of renewable energies for realization upon the project's arrival at Power (MW) 140 Readiness for Construction (RTB) Storage potential (
Slide 15: Market Overview : Spain - RDL/7 Law Revolution
Market Overview : Spain - RDL/7 Law Revolution A "fast lane" for the company to add storage to all projects in Spain • Massive and abrupt power outage in April Alfonso El Sabio 1 Espartales 200 MW, 200 MWh 8 MW raised the need to urgently stabilize the grid and accelerate battery adoption Alizarsun
Slide 16: Market Overview : Chile – World Leader in Storage
Market Overview : Chile – World Leader in Storage Qanqiña Market Trends 84 MW PV 440MWh Storage • Active PPA market For the sale of electricity from renewable energies and high availability fees for battery storage systems San Camillo 150 MW PV • Power Grid Limitations 400MWh Storage 5,909 GWh renew
Slide 17: Market Overview: Italy – Huge Potential Despite Bottlenecks
Market Overview: Italy – Huge Potential Despite Bottlenecks Milestones • In H1 2025, around 2.33 GW of PV capacity were installed in Italy • In 2024, 800 MWh of storage was connected Bottlenecks • Bureaucracy: Backlog in government planning and licensing ministries has led to delays in obtaining per
Slide 18: ENAPAC Project Status
ENAPAC Project Status Solaer Renewable Energies Q2 2025 - Summary
Slide 19: A significant increase in the expected demand for water in the project area
A significant increase in the expected demand for water in the project area Partnership between Codelco (National Corporation) and Rio Tinto near ENAPAC East line Mining giants Rio Tinto and Codelco have announced a partnership to develop a lithium project in Salar de Mericunga, located near the eas
Slide 20: ENAPAC Water Project
ENAPAC Water Project - The company has saved around $20-50 million through Country Chile planning and statutory changes due to the implementation of creative solutions, which will make the construction of a Annual Volume (Cu. Meter) ~80M transmission line about 50 kilometers redundant Maritime Conce
Slide 21: Forecasted economic performance from existing pipeline of projects (NIS Millions)
Forecasted economic performance from existing pipeline of projects (NIS Millions)(1) Revenue *Data are presented in realistic terms. The data in parentheses represent the company's share of the project's holdings. The Company's effective share in the free cash flow of these projects is approximately
Slide 22: Financial Information Summary
Financial Information Summary Overview of Consolidated Statements of Total Profit or Loss Overview of Consolidated Statement of Financial Position For period ended Thousands 30.6.2025 30.6.2024 NIS Thousands 6.2025 6.2024 12.2024 Cash and cash equivalents 43,994 200,805 Revenue 38,958 32,146 105,720
Slide 23: Connected and In Construction Pipeline
Connected and In Construction Pipeline Connected and Ready to Connect In Construction Total ESMARALDA TARAZONA POLAND FARGUE + Project (2)ALIZARSUN Rooftops 1A + (2)CALASPARRA CACIN + SANCHO (2)VILLENA HORTENCIAS ESPARTALES Country Spain Israel Poland Chile Spain Spain Spain Spain Spain Power (MW) 5
Slide 24: Preconstruction Pipeline
Preconstruction Pipeline ALFONSO Total ALIZARSUN ASHDOT ELCHE CALBUCO ENAPAC GRAVINIA ALFONSO EL Project 1B YAAKOV 1 MEQUINENZA EL SABIO CACHIYUYO QANQINIA WIND PV DE PUGLIA(3) SABIO 1B(5) 1A(5) Country Spain Israel Spain Spain Spain Chile Chile Chile Chile Italy Spain Power (MW) 6 8 16 125 100 51 8
Slide 25: Thank you for reading
25 25 Thank you for reading
Solaer Renewable Energies — Q2 2025 Earnings Presentation on 6ix