Alternus Energy Group PLC. · OTC:ALTNF
Alternus Energy — Q1 2021 Earnings Presentation
12 slides from Alternus Energy's earnings presentation, May 20, 2021
Slide 1: First Quarter 2021
First Quarter 2021 May 20th 2021
Slide 2: Caution Forward Looking Statements
Q1’2021 Financial Presentation 1 Caution Forward Looking Statements Some of the statements contained in this document, including information incorporated by reference, discuss future expectations, plans or prospects, or state other forward looking information Words such as “intends”, “believes”, "ex
Slide 3: Q1'2021 At a Glance
Q1’2021 AT A GLANCE Q1’2021 Financial Presentation 2 Composition of Assets (MW) § Owned Assets increased 45% to 64 MW 1.824 § Producing Assets increased 73% to 45 MW 260 § Annual Recurring Revenues (ARR) up 147% to EUR 9.7 million § Power production consistent with forecasted levels § Booked Revenue
Slide 4: Owned Assets Portfolio Increased by 45% During Q1'2021
Q1’2021 Financial Presentation 3 OWNED ASSETS PORTFOLIO INCREASED BY 45% DURING Q1’2021 Total Owned Assets (MW)1 Diversified Plant Portfolio Comments As of March 31, 2021 § Overall owned assets increased by 45% 64 during Q1’21 to 64 MW 21 § Producing Assets increased 73% from 26 44 44 MW to 45 MW fo
Slide 5: 147% Increase in Annual Recurring Revenues
Q1’2021 Financial Presentation 4 147% INCREASE IN ANNUAL RECURRING REVENUES Annual Recurring Revenues (‘ARR’) (EUR million) ~9 years weighted +147% 20.8 average 15.9 contract term remaining 9.4 3.8 4.0 As at As at As at Incl. 20MWp Incl. pending Mar-20 Dec-21 Mar-21 acquired in 68 MWp 45 MWp April ’
Slide 6: Stable Diversified Power Production Portfolio
Q1’2021 Financial Presentation 5 STABLE DIVERSIFIED POWER PRODUCTION PORTFOLIO Comments Power Production (GWh) Power Production Mix Q1’21 § Overall portfolio power generation within 2% of previous year § Full park availability and uptime during Q1’21 30% 30% § Weather effects key influence for 4.3 i
Slide 7: Revenues and EBITDA Up Year on Year on Same Capacity
REVENUES AND EBITDA UP YEAR ON YEAR ON SAME CAPACITY Q1’2021 Financial Presentation 6 Revenues (EUR 000’s)1 EBITDA (EUR 000’s) 1 800 800 700 600 113 600 157 400 162 (489) 500 (1) 180 200 318 400 17 103 700 0 300 636 (200) (428) 200 346 100 (400) 0 (600) Q1'20 Italy Germany Netherlands Romania Q1'21
Slide 8: Much Improved Balance Sheet Provides Stronger Financial Position
MUCH IMPROVED BALANCE SHEET PROVIDES STRONGER FINANCIAL POSITION Q1’2021 Financial Presentation 7 As of March 31, 2021 Consolidated financial position (EUR million) Consolidated Project Corporate Balance Sheet Level Level Group Investment in Energy As of December 31, 2020 As of March 31, 2021 147.8
Slide 9: Backlog Grew by 1.2 GW in First Quarter
Q1’2021 Financial Presentation 8 BACKLOG GREW BY 1.2 GW IN FIRST QUARTER 70 251 417 1,414 108 MW 287 277 Netherlands Poland Italy Spain Greece Ireland In order to qualify as backlog, Alternus has reached an exclusivity agreement with the relevant counterparty and the asset price has been agreed upon
Slide 10: Sustainability Highlights Q1'21
SUSTAINABILITY HIGHLIGHTS Q1’21 Q1’2021 Financial Presentation 9 Equivalent to the carbon sequestered by 58,700 trees grown for 10 years Equivalent to CO2 emissions from 350,000 gallons of diesel consumed Equivalent to removing 770 fossil fuel-based passenger vehicles from the road for one year Alte
Slide 11: Top Shareholders
Q1’2021 Financial Presentation 10 TOP SHAREHOLDERS 10 Owner Total Shares Vincent Browne1 (Chairman & CEO) 18% 4,248,034 Goldman Sachs & Co. LLC2 11% 2,565,212 Skandinaviska Enskilda Banken AB 5% 1,172.230 Telenergia Europe S.R.L 5% 1,152,108 Skandinaviska Enskilda Banken AB 5% 1,150,000 Spesia Flond
Slide 12: The Sun Delivers More Energy to Earth in an Hour Than Is Used Worldwide
Q1’2021 Financial Presentation 11 THE SUN DELIVERS MORE ENERGY TO EARTH IN AN HOUR THAN IS USED WORLDWIDE IN A YEAR MOST OF THIS ENERGY IS LOST ALTERNUS HAS MADE ITS MISSION TO MAKE THIS ENERGY WIDELY AVAILABLE
Alternus Energy Group — Q1 2021 Earnings Presentation on 6ix