Doral Group Renewable Energy Resources Ltd · TASE:DORL
Doral Group Renewable Energy Resources — Investor Presentation (March 2022)
30 slides from Doral Group Renewable Energy Resources's investor presentation, March 2022
Slide 1: Capital Market Presentation March 2022
Leader of the Renewable Energy Market in Israel Capital Market Presentation March 2022 The Company’s project at Kibbutz Karmia
Slide 2: Legal disclaimer
This presentation of Doral Renewable Energy Resources Group Ltd. (hereinafter: Israel Securities Law, 1968, based materially on expectations and assessments the “Company”) was prepared for general presentation about the Company and regarding economic, industry-specific and other developments, as wel
Slide 3: Energy of Innovation
Energy of Innovation Israel Europe USA Projects with a capacity of 2.1 GWp3 Projects with a capacity of 1.85 GWp3 Projects with a capacity of 6.7 GWp3 The largest backlog of facilities under In Italy, Romania, Poland and Denmark in leading markets (MISO, PJM) development in Israel Doral-Tech Environ
Slide 4: Project Backlog 10,655 MWp
Project Signed PPAs 1,250 MWp Backlog Won in tenders 630 MWp Under construction/ pre-construction 841 MWp Total capacity: 3,4 Connected* 206 MWp Under + 2,927 MWp6 advanced development evelopme 1,485 MWh 10,655 MWp + 6 376 MWp + 3,347 MWh Under 56 MWh development + 7,352 MWp 1,806 MWh The Company’s
Slide 5: 3,000 MWp income-generating facilities
3,000 MWp IL EU US income-generating 2,927 MWp facilities 2024 (1,215 MWp) Projected capacity of income-generating facilities for the 2023 1,677 MWp ( 810 MWp) coming years 2022 329 MWp • The figures in parenthesis reflect the Company’s projected weighted holding rate (156 MWp) of the facilities. •
Slide 6: Annual rate of income-generating projects
Annual rate of income- Growth of 427% Over NIS 1 billion generating in project FFO Run rate in 2024 1,003 projects 785 576 638 490 435 Projected financial data 377 334 317 of income-generating 190 254 239 195 135 160 systems in Israel, 64 75 92 Europe and the USA4,5 2022 2023 2024 2022 2023 2024 202
Slide 7: Global Construction Momentum
2022 Israel USA Global Indiana iana project pro Solar + storage Construction Agrovoltaics Momentum Roofs and reservoirs 2,927 MWp 3,4 Europe Poland and Italy 206 MWp | 07 Capital Market Presentation, March 2022 March 2022 2022 2023 2024
Slide 8: Israel
Israel The Company’s system | 08 at Kfar Menahem Capital Market Presentation, March 2022
Slide 9: Leader of the Renewable Energy Market in Israel
Leader of the Renewable Energy Market in Israel Leader in the field of Supplier of Largest backlog of solar + storage Electricity facilities in Israel The largest winner of The electricity market is open Over 2,000 MW under solar + storage tenders to competition operation, construction & development
Slide 10: Launching construction Tender 1
Launching construction Tender 1 Positive distributor responses* Purchase of key equipment ey equipme Statutory progress solar + Allows connection of the facilities to the 280 MWp receptors and 450 MWh storage at a Building permits/final stages of statutory electricity grid cumulative cost of USD 175
Slide 11: 2,058 MWp solar project backlog in Israel
Doral’s total solar project backlog in Israel 3, 4 853 MWp + Ground-mounted projects combined with storage 1,666 MWh 2,058MWp Of which 1,142 MWp are expected to be connected by 2024 (inclusive) 320 MWp 885 MWp High voltage Hig Dual-use facilities* *The project capacities are presented in terms of 10
Slide 12: Dual-Use
Dual- Use Israel is on the way to meeting its 2030 targets 4 Optimal utilization of areas Agrovoltaics, reservoirs, rooftops, through dual-use facilities parking lots, fences, enclosed areas, landfills, etc. Significant statutory relief that Integration of advanced technologies leads to quicker proj
Slide 13: USA
| 13 Capital Market Presentation, March 2022
Slide 14: Tail Wind for Renewable Energies in the USA
Tail Wind for Renewable Energies in the USA Historical U.S. Power market capacity addition v. Biden’s Mega programs Build Back Better Plan (3BP) estimates passed by the Biden administration * Infrastructure Bill Investment in infrastructure, an *** amount of USD 12 trillion, of which Additional 150
Slide 15: Mammoth Solar
Mammoth Solar Conclusion of PPAs for the entire project 1,600 MWp March 2019 March 2021 July 2021 October 2021 March 2022 March 2022 First land agreement PPA in the Indiana PPA in the Indiana Launch ceremony of EPC agreement PPAs with AEP and in the project out of North project with South project wi
Slide 16: Business Card
Business Card Control of the entire value chain Experienced and professional staff, direct 1.7 GWp in signed PPAs At high prices transactions with landowners. USD 1.5 billion Self-initiation, development, financing, Projected total revenue from the 4 construction and long-term operation of agreement
Slide 17: Migdal Insurance invests in the Company's operations
Migdal Insurance invests in the Company’s operations USD 110 USD 130 USD 175 million million million Consideration for Credit facility for the Direct investment iin 20% of Doral LLC’s capital required to the Indiana North shares construct the and Indiana South Company’s projects projects | 17 Capita
Slide 18: Activity in the Leading and Most Liquid Electricity Grids
Activity in the Leading and Most Liquid and Marketable Electricity Grids Total Project ISO-NE Capacity ME 300 MWh WI NYISO NY 400 MWh 6.7 GWp 3 IL IN PA WV MD DE MISO 2,664 M MWp + MO KY PJM 1.7 GWp 3 GA 175 MW 2,969 MW 240 MWh Wh SERC TX 180 MWp ERCOT 756 MWp | 18 740MWh Capital Market Presentation
Slide 19: Europe
Europe The Company’s systems | 19 in Poland Capital Market Presentation, March 2022
Slide 20: Europe projects 1.84 GWp
Europe Projects Denmark Capacity Denmark 340 MWp Poland Poland 422 MWp 1.84 GWp 3, 4 Romania Romania 563 MWp Italy Italy 519 MWp | 20 Capital Market Presentation, March 2022
Slide 21: The Company's Operations in Europe
Increase in demand for energy The independence and security due to geopolitical upheaval in Europe Company’s Operations Significant rise in electricity prices in Europe in Europe Development of solar fields Electricity prices in Italy (EUR/MW) 300 Initial development of green 250 200 hydrogen produc
Slide 22: Green Hydrogen
Green Doral will establish the first green Leading technologies Hydrogen hydrogen project in Israel In collaboration with H2Pro at the Yotvata Investment in groundbreaking technologies in the industry project, as part of a pilot financed by the H2PRO, Verdagy Ministry of Energy and Chief Scientist T
Slide 23: Doral-Tech Investment Portfolio
Circular economy Green hydrogen Doral-Tech Investment Portfolio In cooperation with leading international funds and companies Waste 2 Energy Energy storage and batteries IPO SPAC | 23 Capital Market Presentation, March 2022
Slide 24: Doral-Tech Collaborations
Our investment partners include Doral-Tech Collaborations Strategic Academic | 24 Capital Market Presentation, March 2022
Slide 25: Doral Environmental Infrastructures
Doral Environmental technologies Waste 2 Energy Environmental Doral promotes environmental Agricultural and industrial waste treatment 2 commercially operated facilities and 6 facilities under advanced infrastructure technologies: development and under development Infrastructures Keilot - applic
Slide 26: Company Development Targets in the Coming Years
Present situation and revised targets Company Revised targets Development Targets 15,000 MWp Current project backlog in the Coming 7,100 Years 10,655 MWp (3,600)* Under development 7,352 3,500 (3,500)* In advanced development 376 4,400 (3,400)* Connected 2,927 and under construction** March 20223 Re
Slide 27: Key Financial Data
Key Key data of the consolidated statements of financial Financial position (NIS thousands)2 Data December 31, 2021 December 31, 2020 Cash and cash equivalents 601,466 250,143 Other current assets 285,501 37,407 Non-current assets 769,720 341,829 Total assets 1,656,687 629,379 Current maturities 6,9
Slide 28: Key Financial Data
Key Financial Data Key data of consolidated statements of income and other comprehensive income Project data (in NIS millions)5 (NIS thousands)2 Plus IFRS Non-GAAP 2021 2020 2019 December 31, construction, 2021 data Company’s pre-construction Total Revenue 56,578 39,099 28,003 (assuming a full and t
Slide 29: Comments
1 The Company’s targets for 2025-2026 are forward-looking information These assessments are based on the Company's plans in respect of any which is materially based on the Company’s expectations and assessments current system and courses of action in the different markets, which may regarding econom
Slide 30: Renewable energy driven by people
Renewable energy driven by people ISRAEL USA EUROPE DORAL TECH EI ENVIRONMENTAL INFRASTRUCTURES michal@doral-energy.com | www.doral-energy.com
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