Green Impact Partners Inc · TSXV:GIP
Green Impact Partners — Investor Presentation (March 2023)
25 slides from Green Impact Partners's investor presentation, March 2023
Slide 1: Investor Presentation
Investor Presentation March 2023 investors@greenipi.com
Slide 2: Disclaimers
Disclaimers CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION AND IMPORTANT – YOU MUST READ THE FOLLOWING BEFORE CONTINUING FORWARD-LOOKING STATEMENTS The information contained in this presentation has been prepared by Green Impact Partners Inc. (the "Company") Certain statements in this present
Slide 3: Disclaimers
Disclaimers Events or circumstances could cause the actual results, performance or achievements of the Company or industry THIRD PARTY INFORMATION results to differ materially from any future results, performance or achievements implied by the forward-looking This presentation includes market and in
Slide 4: About Us
About Us Green Impact Partners (“GIP”) intends to create a sustainable and inclusive planet, through the development of some of the world’s cleanest energy, with a near term focus on developing renewable natural gas (“RNG”) projects throughout North America • Focused on net zero earth impact energy
Slide 5: $545 Million Accretive Financing Partnership
$545 Million Accretive Financing Partnership Completion of Accretive $545 Million Financing • Total investment represents up to $545 million for up to a 50% project-level equity interest in GreenGas Colorado, Iowa RNG and Future Energy Park o Available excess cash of ~$200 million(1) : including $14
Slide 6: Potential Equity Valuation Range Following Announcement
Potential Equity Valuation Range Following Announcement Completion of Accretive Strategic Financing Process >$1.0 Billion Equity Value Valuation Methods: $2,000M Peer Group Trading Multiple (10x 2025 Exit EBITDA) Equity Value: $1.8 Billion $1,500M Fully Funded NAV (10% Discount Rate) Equity Value1:
Slide 7: Investment Highlights
Investment Highlights Fully Funded to >$225 Million of EBITDA • Following accretive Strategic Partnership financing, GIP is fully funded to over $225 million in EBITDA exiting 2025 $3 Billion Growth Pipeline • Over 15 shovel-ready, or near shovel-ready projects already in-house Achieving measurable
Slide 8: RNG: The Most Impactful and Important Clean Energy Source Available Today
RNG: The Most Impactful and Important Clean Energy Source Available Today • RNG is processed methane produced from renewable, Examples of RNG Feedstock natural sources such as manure, food waste and gasified biomass Poultry Waste • RNG is interchangeable with conventional natural gas, Wheat / Spent
Slide 9: What is Carbon Intensity (CI)?
What is Carbon Intensity (CI)? Range of Carbon Intensity by Source • Measurement of carbon dioxide escaping into the atmosphere, relative to the energy intensity of a specific activity • Typical RNG project has a negative CI score – indicating that through the entire life cycle of the project, more
Slide 10: RNG is Expected for Robust Growth and Broad Market Adoption
RNG is Expected for Robust Growth and Broad Market Adoption Two principal factors driving RNG demand Tremendous Growth Opportunity Potential greenhouse gas emission reductions, especially when compared to other fossil fuels and conventional natural gas It can be consumed, one-for-one, like conventio
Slide 11: Regulatory Tailwinds in Canada
Regulatory Tailwinds in Canada Alberta Technology Innovation and Emissions Reduction Canada Clean Fuel Regulations Regulation (“TIER”) • On June 20, 2022, the Clean Fuel Regulations under the Canadian Environmental Protection Act were registered, bringing a Canadian Clean Fuel Standard (“CFS”) into
Slide 12: Low Carbon Fuel Standard (LCFS)
Low Carbon Fuel Standard (LCFS) Government support for RNG continues to expand LCFS Map California and • Renewable natural gas production is <0.1% of the current US Oregon have LCFS programs natural gas supply mix; anticipated to account for ~10% of the that are currently natural gas supply mix by 2
Slide 13: Project Investment Criteria
Project Investment Criteria Four primary metrics for evaluating expansion projects and acquisition opportunities 1. Significant and Sustainable Environmental Impact • Net zero means truly assessing the full cycle impact of all business operations and decisions 2. Late-Stage, Proven Technology Enviro
Slide 14: Future Energy Park – Largest Expected Carbon Negative Project in North America
Future Energy Park – Largest Expected Carbon Negative Project in North America • $1.2 billion capital investment in Alberta • Net CO2 negative biofuels facility using non-food grade wheat to produce RNG and bioethanol • Final Land Use approval received Jan. 17, 2023 • Finalizing engineering, procure
Slide 15: Future Energy Park
Future Energy Park Direct benefits to the City of Calgary and Province of Alberta including: • Approximately 800 jobs over 24 months during construction and 50 jobs during operations • Direct revenue of over $150 million annually to rural wheat producers • Provincial and municipal tax revenues • Sal
Slide 16: Dairy RNG Projects
Dairy RNG Projects GreenGas Colorado • On budget; fixed price EPC to mitigate risk on technology and pricing; first gas imminent • Manure to pipeline quality RNG with offtake in competitive jurisdiction • Long-term feedstock supply from two national dairy producers with on-site gas offtake and conne
Slide 17: Executive Leadership Team
Executive Leadership Team Jesse Douglas Kathy Bolton Nikolaus Kiefer Chief Executive Officer Chief Financial Officer Chief Investment Officer • Founder with 20 years of successful • 20 years of financial management and • Co-Founder with 15 years of capital markets entrepreneurial experience business
Slide 18: Board of Directors
Board of Directors Geeta Sankappanavar Jeff Hunter Chair of the Board of Directors • 25 years investment experience and has successfully • Experienced energy investment professional, built multiple businesses board member and operating executive with 25 • Co-founded Grafton Asset Management and rais
Slide 19: Development, Commissioning, & Leadership Team
Development, Commissioning, & Leadership Team Jeffry Myers – Special Advisor, Development John Paul Smith – Vice President, Commercial • Senior Operating Partner, power generation with Stonepeak Infrastructure • Former corporate commercial counsel • Over 40 years experience in mid market energy and
Slide 20: Capitalization & Research Coverage
Capitalization & Research Coverage (in 000s unless indicated otherwise) Current Institution Research Analyst Share price as of Feb 3, 2023 $7.10 Basic Shares Outstanding 20,300 Nelson Ng Balance Sheet (as at September 30, 2022) Cash $2,233 Christopher Jones Long Term Debt $55,559 Current Debt $1,655
Slide 21: Appendix
Appendix investors@greenipi.com
Slide 22: Operational Business Model
Operational Business Model GIP makes money by selling renewable natural gas to utilities and trading the clean fuel / carbon credit generated into the production process Carbon Market Gas Prices Credit Trading $ • RNG produced at a facility is sold • Carbon credit markets have grown rapidly as the t
Slide 23: ESG & Corporate Responsibility
ESG & Corporate Responsibility “Sustainable Investments in Sustainability” – GIP is committed to the highest levels of ESG standards and accountability ESG Policy Highlights • ESG elements are a primary consideration when evaluating investment decisions • Every element of operations should be as sus
Slide 24: Contact Us
Contact Us Jesse Douglas Chief Executive Officer Kathy Bolton Chief Financial Officer Nikolaus Kiefer Chief Investment Officer info@greenipi.com investors@greenipi.com 24
Slide 25: Statutory Rights of Action for Damages or Rescission for Canadian Investors
Statutory Rights of Action for Damages or Rescission for Canadian Investors Securities legislation in certain of the provinces of Canada provides purchasers with rights of rescission In no case will the amount recoverable in any action exceed the price at which the securities were offered to the or
Green Impact Partners — Investor Presentation (March 2023) on 6ix