Altea Green Power S.p.a. · MIL:AGP
Altea Green Power — STAR Conference 2026
22 slides from Altea Green Power's conference presentation, Mar 26, 2026
Slide 1: STAR Conference
STAR Conference March 26th, 2026
Slide 2: Speakers
Speakers Giovanni Di Pascale Salvatore Guarino Giancarlo Signorini CEO General Manager CFO alteagreenpower.com 2
Slide 3: At a glance
At a glance COMPANY KEY FINANCIAL OVERVIEW KEY OPERATIONAL KPI FIGURES Leading player, listed on Euronext STAR Strategic partnerships in the US and TOTAL REVENUES FY Milan, in project co-development, in the CAGR +38% Italy with companies such as Iberdrola, 35.4 BESS storage sector and in Enlight, Ae
Slide 4: Our history
Our history Altea Green Power (AGP) Start of BESS plant BP24-28 presented. In development addition, AGP completes its activities in the translisting process by United States moving to the Euronext The core business AGP through the American STAR Milan segment shifts to co- listed in Euronext subsidia
Slide 5: How we operate
How we operate Altea Green Power: a solid partner for your investment Land Preliminary Connection Engineering & Authorization scouting agreement requests submitting procedure We carry out We proceed We take care We carry out We take care a preliminary with negotiation of the energy preliminary of th
Slide 6: FY 2025 Highlights
FY 2025 Highlights 2025 closed with results near the lower end of the 2025 guidance range, driven by the strategic decision to enhance the BESS projects pipeline to “ready-to-build” status. The Group has maintained high margins (EBITDA margin of 58%) and strong cash generation, significantly strengt
Slide 7: UPDATE, PIPELINE & BACKLOG
UPDATE, PIPELINE & BACKLOG
Slide 8: 2025 – Business update
2025 – Business update BESS PROJECT IN BASILICATA AUTHORISED BY MASE • BESS plant project with a capacity of 200 MW 17th • Authorization process completed in 21 months Jan. • Generate cash flows of around €13 million over the next 18 months AUTHORIZATION PROCESS INITIATED FOR BESS PROJECTS 26th • Th
Slide 9: 2025 – Business update
2025 – Business update SALE OF PV PROJECT IN SOUTH OF ITALY TO A LEADING INTERNATIONAL PLAYER IN THE ENERGY SECTOR 26th • Located in Molise and fully developed by Altea Green Power Jun. • Total capacity of 9,624 kW • Sale value approximately € 1.3 million SUCCESSFULLY PLACED € 10 MILLION NON- CONVER
Slide 10: AGP In Italy and worldwide
AGP In Italy and worldwide Expertise, professionalism, quality and a focus on local communities TOTAL PIPELINE PIPELINE ITALY 5.0 BESS 0.7 PHOTOVOLTAICS & USA GW GW WIND ENERGY 1.4 GW ITALY under development 5.7 GW STORAGE PV AND WIND of which 25% under development AGP Share 20 MW installed (EPC) al
Slide 11: Focus on pipeline in permitting phase
Focus on pipeline in permitting phase BESS • Co-Development: 1 GW in permitting phase + 450 MW already authorized in permitting phase • Development: 2.8 GW in permitting phase 3.8 GW PV • Co-Development: 369 MW in permitting phase + 14 MW already authorized in permitting phase • Development: 93 MW i
Slide 12: Actual Backlog
Actual Backlog CASH FLOW CONTRACTS VALUE TYPE FORECAST (€/M) 2026 - 2028 (€/M) BESS 117.9 + premium* 64.0 PV/WIND 32.6 6.2 EPC 1.6 0.6 Co-Development Backlog 152.2 + premium* 70.8 yet to be collected • Contracts value represents the total signed contracts • Cash Flow Forecast 2026 - 2028 represents
Slide 13: FINANCIALS
Saitea Green Power FINANCIALS
Slide 14: FY 2025 Key Results
FY 2025 Key Results Total revenue EBITDA AGP REVENUE CLOSE TO THE LOWER END OF THE 2025 GUIDANCE RANGE € 22.5 M € 13.0 M vs € 35.4 M vs € 21.9 M • Revenue decline mainly driven by a strategic decision • Evolving regulatory environment • Temporary impact on revenues, no change in long-term outlook EB
Slide 15: EBITDA Bridge
EBITDA Bridge € 13M EBITDA 58% EBITDA Margin vs € 21.9M in FY2024 62% in FY2024 alteagreenpower.com 15
Slide 16: NFP Bridge
NFP Bridge €/mln alteagreenpower.com 16
Slide 17: Outlook & 2028 Financial Targets
Outlook & 2028 Financial Targets • Disciplined and value-oriented strategy in a complex macroeconomic and regulatory environment, with a focus on long-term value creation Targets 2028 • Ongoing expansion of project pipeline and Revenues € 60 - 73 M execution of industrial investments expected to sig
Slide 18: ANNEX
Saitea Green Power ANNEX
Slide 19: FY 2025 Income Statement
FY 2025 Income Statement €/000 FY 2025 FY 2024 % Revenues 21,709 34,913 -38% Other revenues 829 461 80% Total Revenues 22,538 35,374 -36% Purchases, services and other operating costs (6,759) (10,239) -34% Personnel Expenses (2,774) (3,221) -14% Operating costs (9,533) (13,460) -29% EBITDA 13,005 21
Slide 20: FY 2025 Balance Sheet
FY 2025 Balance Sheet €/000 31-dic-25 31-dic-24 Non-current assets Intangible assets 319 180 Tangible assets 589 739 Deferred tax assets 44 93 Other non-current assets 1,400 1,544 Total non-current assets 2,352 2,556 Current assets Current assets 46,733 48,234 Other current assets 1,225 1,419 Cash a
Slide 21: FY 2025 Net Financial Position
FY 2025 Net Financial Position €/000 FY 2025 FY 2024 A. Cash (25,424) (1,870) B. Cash equivalents and cash - - C. Other current financial assets (192) - D. Liquidity (A + B + C) (25,616) (1,870) E.Current financial debt (including debt instruments, but excluding 2,113 2,288 the current portion of no
Slide 22: Altea Green Power S.p.A.
Altea Green Power S.p.A. Operational office via Chivasso, 15/A - 10098 Rivoli (To) - Italy Registered office corso Re Umberto, 8 - 10121 Torino - Italy Immagine che contiene simbolo, cerchio, giallo, Carattere www.alteagreenpower.com | info@alteagreenpower.com Descrizione generata automaticamente In