Enbw Energie Baden-wuerttemberg Ag · XETR:EBK
Enbw Energie Baden-wuerttemberg — EnBW Energie Baden-Württemberg — Merger or Acquisition (February 2018)
15 slides from Enbw Energie Baden-wuerttemberg's merger presentation, Feb 12, 2018
Slide 1: EnBW market entry offshore wind in Taiwan
EnBW market entry offshore wind in Taiwan: - Acquisition of 37,5% stake in 2 GW pipeline - Joint development with Macquarie Capital & Swancor Press Call 12.02.2018 Dirk Güsewell, SVP Generation/Portfolio Development Stefan Kansy, Director Generation/New Projects Marcel Münch, Head of Mergers & Acqui
Slide 2: EnBW Energie Baden-Württemberg AG
EnBW Energie Baden-Württemberg AG One of the largest energy supply companies in Germany. › Business segments: renewable energies, grids, sales, generation and trading › Annual revenue: more than 19 billion euros › Customers: around 5.5 million › Employees: around 20,000 2
Slide 3: EnBW 2020 strategy
EnBW 2020 strategy Focused on a new energy world – growth in wind on-/offshore and grids. Business segments Status in 2012 Target for 2020 Shares of result 2020 Focus of growth Renewable EnBW 2020 €0.2 +250% €0.7 30% Strategy Energies billion billion Grids €0.8 +25% €1.0 40% billion billion Sales €0
Slide 4: EnBW onshore wind portfolio
EnBW onshore wind portfolio Becoming a leading player in the German onshore wind market. MW 2.000 Hamburg 1.500 Berlin 1,100 1,000 1.000 Erfurt +61% 540 53 Trier 500 336 204 Stuttgart 0 In New In Installation Development Target operation installation operation ongoing pipeline 31.12.16 2017 31.12.17
Slide 5: EnBW offshore wind portfolio
EnBW offshore wind portfolio An experienced offshore wind developer and operator with a highly attractive growth outlook. MW Germany 2.000 In operation Baltic 1: 48 MW Baltic 2: 288 MW 900 Under construction Hohe See: 497 MW Albatros: 112 MW 1.000 945 Development stage He Dreiht: 900 MW 609 500 336
Slide 6: Offshore wind projects Hohe See and Albatros
EnBW offshore wind portfolio Offshore wind projects Hohe See (497 MW) and Albatros (112 MW) on their way – in time, quality and budget. Development Fabrication Installation › Design ready and › Fabrication started › Installation 2018: certified for FOU, OSS and scour protection; › Partner on board
Slide 7: Offshore wind project He Dreiht (900 MW)
EnBW offshore wind portfolio Offshore wind project He Dreiht (900 MW) - the first zero-subsidy project is taking shape. Auction for feed- Permitting Tender process Final investment in-tariff decision › Won the first › Relevant › Invitation to › Expected German offshore application for tender in 2023
Slide 8: Offshore wind markets
Offshore wind markets Traditionally a European business - future growth prospects on a global scale. Established European markets Europe 11 26 GW GW Developing markets ›Established supply chain ›Auction-based tender procedure ›Limited potential for future growth beyond 2016 2020 existing projects un
Slide 9: Transition of the Taiwanese energy market
Transition of the Taiwanese energy market Market liberalization, nuclear phase-out and offshore wind development. Key topics in the transition of the Taiwanese Electricity generation 2015 energy market are well-known to EnBW: 2% 3% › So far, monopolistic structure of the energy 14% market dominated
Slide 10: Project location Taiwan
Project location Taiwan A highly developed market economy based on democracy and the rule of law. Taiwan - at a glance › Reliable business partner with a highly skilled workforce, good transport, communication and IT-infrastructure › Democratic political institutions which guarantee the rule of law
Slide 11: Taiwan's offshore wind program
Taiwan’s offshore wind program Long-term growth expected fuelled by ambitious targets. current phase First phase Second phase Third phase Demonstration projects Transition phase Market integration (post 2025) › Six demo turbines in 2016, › 36 potential offshore wind › Full market intregration three
Slide 12: Offshore wind projects: Formosa 3 (approx. 2,000 MW)
Offshore wind projects: Formosa 3 (approx. 2,000 MW) Excellent wind conditions, large development sites and highly attractive feed-in tariff. Taipei Formosa 3 – three project sites with a total capacity City of approx. 2,000 MW Fixed 20-year PPA (power purchase agreement) with Formosa 3 a feed-in ta
Slide 13: Project sponsors
Project sponsors A strong partnership with complementing capabilities creating synergies. › Strong financial capability of a › European offshore wind › Strong industrial knowledge global infrastructure investor development and operating and local network experience › Experienced technical and › Lead
Slide 14: EnBW's holistic, industrial approach
EnBW’s holistic, industrial approach Key success factor – in-house competencies across all stages of a project. Project development › Headquarter for offshore wind energy in Hamburg › Best-in class competencies in relevant engineering disciplines › Comprehensive industrial network Operations and mai
Slide 15: Next steps and outlook for EnBW's activities in renewable energies
Next steps and outlook for EnBW’s activities in renewable energies Next steps offshore wind Taiwan › Obtaining merger control clearance › Establishment of project development team with partners Macquarie and Swancor › Near-term focus on securing grid connection capacity for the three projects › Deta
EnBW Energie Baden-Württemberg — Merger or Acquisition (February 2018) on 6ix