Mercury Nz Ltd. · NZX:MCY
Mercury Nz — Corporate Update (September 2023)
7 slides from Mercury Nz's corporate update, Sep 19, 2023
Slide 1: For personal use only
For personal use only 19 September 2023
Slide 2: Disclaimer
DISCLAIMER. For personal use only This presentation has been prepared by Mercury NZ Limited and its group of companies ('Company”) for informational purposes. This disclaimer applies to this document and the verbal or written comments of any person presenting it. Information in this presentation has
Slide 3: Mercury commits to high quality geothermal generation
MERCURY COMMITS TO HIGH QUALITY GEOTHERMAL GENERATION. Value accretive OEC5 geothermal expansion Nga Tamariki power station was commissioned »\ Nga Tamariki OEC5 geothermal expansion in 2013 and currently comprises of four Ormat a Engineering, Procurement and Construction EXP, Energy Converter (OEC)
Slide 4: High quality generation investment
HIGH QUALITY GENERATION INVESTMENT. OEC5 expansion part of long-term development plan For personal use only Key messages * Nga Tamariki OEC5 capital expenditure of $220 million is primarily driven by a high-cost certainty Ormat EPC contract. Other major costs related to the transformer supply and th
Slide 5: Strong generation development performance
STRONG GENERATION DEVELOPMENT PERFORMANCE. For personal use only OUR TRACK RECORD Turitea South wind farm fully operational in FY23, increasing annual generation by 370 GWh Kaiwera Downs 1 wind farm remains on track to be fully operational in October 2023, increasing annual generation by 147 GWh. Si
Slide 6: High quality generation pipeline
HIGH QUALITY GENERATION PIPELINE. For personal use only FID expected in FY24 for ~$1b in generation investment Capacity Generation Type & Project (MW) (GWh pa) Location _St89° Progress Comment Kaiwera Downs! 43, yay Wind farm construction Fully operational Sep-23 near Gore Wind farm Kaiwaikawe 74 22
Slide 7: For personal use only
For personal use only