Janus Electric Holdings Limited · ASX:JNS
Janus Electric — ReNu Energy — Shareholder Meeting (November 2017)
18 slides from Janus Electric's shareholder meeting presentation, Nov 9, 2017
Slide 1: 2017 Annual General Meeting
2017 Annual General Meeting 9 November 2017
Slide 2: Disclaimer
Disclaimer The material in this presentation has been prepared by ReNu Energy Limited (ABN 55 095 006 090) and is general background information about ReNu Energy’s activities current as at the date of this presentation. This information is given in summary form and does not purport to be complete.
Slide 3: CEO's Presentation
CEO’s Presentation Chris Murray
Slide 4: Delivering innovative clean energy products and services
— — q change. \ deliver innovative clean energy products and services, creating sustainable value for our customers and shareholders.
Slide 5: FY17 – Laying the Foundations
FY 17– Laying the Foundations Stated objective Key achievements Strengthen the Company’s ✓ Re-launched the Company as ReNu Energy position as a diversified clean ✓ Expanded into solar PV, battery storage and hybrid energy solutions energy company ✓ Appointed two new directors with significant renewa
Slide 6: FY17 - Health and Safety & Environment
FY 17 - Health and Safety & Environment Nothing is so important it can not be done safely • For the twelve months to June 2017, ReNu Energy recorded zero lost time injuries and zero medical treatment injuries • ReNu Energy’s current projects will generate approximately 10,000 MWh of renewable energy
Slide 7: FY17 - Financial Results
FY17 - Financial Results Financial year 2017 laid the foundation for the growth of ReNu Energy • $10.89 million cash at 30 June 2017, boosted by: – Placement and entitlement offer - $1.42 million before costs – R&D tax incentive $3.79 million with respect to FY16 Cooper Basin expenditure • Increase
Slide 8: FY17 - Growing an asset portfolio
FY17 - Growing an asset portfolio ReNu Energy has circa 5.4 MW of renewable energy projects in operation or under development Griffin Plaza, Griffith NSW 360kW Amaroo, ACT 600kW The first of four Solar PV Embedded Network Projects Goulburn Bioenergy Project, NSW 1.6 MW second of two bioenergy projec
Slide 9: VivoPower Alliance Agreement
VivoPower Alliance Agreement ReNu Energy has first right of refusal to acquire projects originated by VivoPower in Australia • Five year Alliance Agreement with VivoPower Pty Ltd to acquire solar PV projects in Australia • VivoPower has a solid pipeline of solar PV projects in Australia and a strong
Slide 10: Solar PV Embedded Network Agreement
Solar PV Embedded Network Agreement Agreement with SCA Property Group (SCA) for ~2MW of solar PV and four embedded networks • Installation of solar PV system at Griffin Plaza now complete – commercial operation in 2017 • Next 3 projects at Lismore, Mt Gambier and Murray Bridge in the first half of 2
Slide 11: Bioenergy Projects
Bioenergy Projects Goulburn Bioenergy project on schedule for operations in early 2018 AJ Bush Bioenergy Project, QLD Goulburn Bioenergy Project, NSW Upgrade of the generators complete, Construction in progress and commercial resulting in higher and more reliable operation of the project scheduled f
Slide 12: Four business streams
Four business streams Solar PV Power Purchase Agreements Installation of solar PV on commercial and industrial premises, and sale 1 of renewable electricity to customers behind the meter under long dated Power Purchase Agreements (PPAs). Behind the meter Solar PV Embedded Networks Installation of so
Slide 13: FY18 - Current Financial Position
FY18 - Current Financial Position ReNu Energy is well positioned to grow its business • Executed a term sheet for circa $10 million debt facility to fund solar PV assets – $1.4 million to fund the settlement of Amaroo Solar PV project – $3.0 million for the solar PV embedded network projects • Seeki
Slide 14: FY18 - Operations and Earnings Update
FY18 - Operations and Earnings Update Material reduction in corporate overheads with clear path to positive EBITDA in CY2018 on a run-rate basis • Cost and operational review resulted in material reduction of corporate overheads • Annual corporate overheads are estimated to be $2 million on a run-ra
Slide 15: FY18 - Opportunities
FY18 - Opportunities Corporate PPAs with energy consumers - rapidly emerging sector providing exciting opportunities and scale • Allows an energy generator to contract with a consumer at a pre-agreed price for a pre-agreed period of time • The supply of energy can be notional – the generator does no
Slide 16: FY18 - Opportunities
FY18 - Opportunities Solar PV embedded networks in the retail property sector – a large opportunity According to the Urbis Australian Shopping Centre Industry report (August 2015) there were 1,753 shopping centres in Australia which exceeded 1,000 square metres of gross lettable area • Many of these
Slide 17: FY18 - Strategic Objectives
FY18 - Strategic Objectives ReNu Energy is on track to create sustainable value for customers and shareholders by delivering the following strategic objectives Establish the Develop the Build the Create brand pipeline organisation shareholder • Establish ReNu Energy as • Acquire new projects • Devel
Slide 18: Thank you Questions
ReNu ENERGY Thank you