Westbridge Renewable Energy Corp · TSXV:WEB
Westbridge Renewable Energy — Investor Presentation (March 2023)
26 slides from Westbridge Renewable Energy's investor presentation, March 2023
Slide 1: Corporate Presentation March 2023
Corporate Presentation March, 2023 westbridge.energy Greenfield solar site developer with the potential for outstanding returns. Clear Business Model designed to Global Development Team with track Flexible Monetization Approach deliver exceptional risk-adjusted returns record of delivering large-sca
Slide 2: Disclaimer
PAGE 2 Disclaimer The information contained in this presentation has been prepared by Westbridge the Company’s operations or financial performance as a result of such strategies and Renewable Energy Corporation (“Westbridge” or the “Company”) and contains implementation, trends in the Company’s busi
Slide 3: About Us
PAGE 3 We are a About Us fast-growing solar Developing best-in-class, utility-scale Solar developer with a PV and Battery Energy Storage projects. Our target is to reach 2GW within 2 years substantial project of RTO pipeline being Focused in three strategic markets: Canada, the US and the UK.
Slide 4: Why Westbridge?
PAGE 4 Why Westbridge? ADVANCING UTILITY UNIQUE INVESTMENT INDUSTRY EXPERTS SCALE PROJECTS TOWARD OPPORTUNITY THAT HAVE DONE IT BEFORE MONETIZATION First publicly listed pure play solar 40+ projects developed with capacity in Strong and growing portfolio energy developer. excess of 2GW. in key
Slide 5: Built for short & long-term shareholder value
PAGE 5 Built for short & long-term shareholder value CAPITALIZATION TABLE MARCH 1ST, 2023 Fully Basic Diluted 40% INSIDERS COMMON BASIC SHARES 96.46M CEO Stefano Romanin owns 19.9% (partially diluted) STOCK OPTIONS @ $0.30 EXPIRY 11/02/2026 5.95M @ $0.30 EXPIRY 04/30/2027 0.20M Well COMMON SHARES FU
Slide 6: The Westbridge Team: deep expertise, proven track records
PAGE 6 The Westbridge Team: deep expertise, proven track records STEFANO ROMANIN MAGGIE MCKENNA PHILIP STUBBS CEO & BOARD DIRECTOR COO & DIRECTOR CFO Stefano Romanin is an experienced investor in the Maggie McKenna is a lawyer with a Philip Stubbs is a qualified CA. His strong private equity and ene
Slide 7: Why now?
PAGE 7 Why now? Need for innovation and investment to enable further growth to reach net-zero by 2050 Solar is growing at Renewables are a staggering rate the lowest cost form of energy Encouraging regulatory framework TSXV: WEB FRA: PUQ OTCQX: WEGYF
Slide 8: Any scenario for reversing global warming includes a massive ramp-up of solar power
PAGE 8 Any scenario for reversing global warming includes a massive ramp-up of solar power by mid-century.
Slide 9: Key growth strategies
PAGE 9 TSXV: WEB FRA: PUQ OTCQX: WEGYF Key growth strategies ORIGINATE ORIGINATE a portfolio of greenfield solar developments featuring energy storage and enabling technologies. ATTRACT institutional and corporate buyers at or before the construction stage. ATTRACT MONETIZE projects with a mix of ca
Slide 10: Current Project Portfolio
PAGE 10 TSXV: WEB FRA: PUQ CAPACITY INCREASE OTCQX: WEGYF SINCE Q2/2021 RTO SOLAR PV 6x Current Project Portfolio BESS Project Solar PV Capacity 1 BESS Capacity Location Status 6.5x 1 GEORGETOWN 278 MWp 100 MW /200 MWh Alberta AUC Approval SUNNYNOOK 330 MWp 100 MW / 200 MWh Alberta Stage 3 AESO TECH
Slide 11: Investment Landscape
PAGE 11 Investment Landscape ACTIVE DEVELOPERS ACTIVE BUYERS OFFTAKE PURCHASERS
Slide 12: Our strategy is governed by five principles
PAGE 12 TSXV: WEB FRA: PUQ OTCQX: WEGYF Our strategy is governed by five principles OPERATING AGILE, USING BUILDING IN THE RIGHT LOW-CAPEX TECHNOLOGY POSITIVE LONG-TERM 1 2 3 4 5 RENEWABLES BUSINESS TO OPTIMIZE COMMUNITY SHAREHOLDER MARKETS MODEL RETURNS RELATIONS VALUE Canada, US and UK sites Site
Slide 13: Operating in the Right Renewables Markets
PAGE 13 Operating in the Right Alberta, Canada: Renewables Markets One of the best places for solar projects Alberta’s renewable energy act seeks to achieve 30% electrical power production from renewables by 2030 (5,000MW) Exceptionally high solar irradiation Open and deregulated electrical gene
Slide 14: Georgetown Solar PV Project 278 MWp
PAGE 14 Georgetown Solar PV Project Development to be completed within 18 months of RTO. Stage 3 AESO interconnection process underway. Utility-scale solar project is expected to be the first exit. Site secured for 5-years of development and 30 years of operation, with option to extend. Proj
Slide 15: Sunnynook Solar PV Project 330 MWp
PAGE 15 Project Size: Sunnynook 330 MWp Special Area No. 2 Solar PV Project Southern Alberta, Canada Development to be completed within 24 months. Stage 3 AESO interconnection process underway. Second utility-scale solar PV project in Alberta. Site secured for 4-years of development, and for
Slide 16: Dolcy Solar PV Project 250 MWp
PAGE 16 Project Size: Dolcy 250 MWp Municipal District Solar PV Project of Provost No. 52 East-central Alberta Stage 2 AESO interconnection process underway. Environmental field studies completed. Third utility-scale solar PV project in Alberta. Site secured in the form of a long-term lease
Slide 17: Eastervale Solar PV Project 300 MWp
PAGE 17 Project Size: Eastervale 300 MWp Municipal District Solar PV Project of Provost No. 52 East-central Alberta Stage 2 AESO interconnection process underway. Environmental field studies completed. Fourth utility-scale solar PV project in Alberta. Site secured in the form of a long-term
Slide 18: Red Willow Solar PV Project 295 MWp
PAGE 18 Project Size: Red Willow 295 MWp Stettler County No. 06 Solar PV Project Central Alberta Stage 2 AESO interconnection process underway. Environmental field studies completed. Fifth utility-scale solar PV project in Alberta. Site secured in the form of a long-term solar lease with pri
Slide 19: Accalia Point Solar PV Project 221 MWp
PAGE 19 Accalia Point Project Size: Solar PV Project 221 MWp Cameron County Fully-funded development to be completed within Southern Texas, USA 18 months. Screening and Congestion studies completed, Full Interconnection Studies (“FIS”) underway with Sharyland Utilities (“Sharyland”), the transmi
Slide 20: Fiskerton UK BESS Project
PAGE 20 Project Size: 53 MW / Fiskerton UK 106 MWh BESS Project Lincolnshire, East Midlands, England Adjacent to an existing solar farm previously developed by the Westbridge team. Interconnection secured. Option to lease secured. Planning application and environmental studies underway.
Slide 21: Compelling Risk-Reward Model Designed for Investors
PAGE 21 TSXV: WEB FRA: PUQ OTCQX: WEGYF Compelling Risk-Reward Model Designed for Investors Flexible Monetization Approach to Support Future Growth Managed Project Development Risk Available Cash-Flow For Growth Low Operating Cost
Slide 22: Accomplishments & 2023 Key Objectives
PAGE 22 TSXV: WEB FRA: PUQ OTCQX: WEGYF Accomplishments & 2023 Key Objectives 2021/2022 2023 Completed business combination with Complete first project exit (H1 2023) Georgetown Solar File AUC Application for Sunnynook Strengthened leadership & technical team Continue Portfolio Expansion in Canada L
Slide 23: Pure-play exposure to solar energy development
PAGE 23 TSXV: WEB FRA: PUQ OTCQX: WEGYF Solar industry is on the verge of extraordinary growth Pure-play exposure Deploying a proven business model in lucrative and rapidly expanding markets to solar energy Experienced management, with more than 40% insider ownership development. Well capitalized to
Slide 24: Appendix
PAGE 24 Appendix TSXV: WEB FRA: PUQ OTCQX: WEGYF
Slide 25: Board of Directors & Advisors
PAGE 25 Board of Directors & Advisors ALEX DICKINSON STEFANO ROMANIN MARGARET M. MCKENNA SPECIAL ADVISOR, DIRECTOR & CEO DIRECTOR & COO ENABLING TECHNOLOGIES Stefano is an energy sector Maggie is an energy sector operator with Alex has 30+ years’ experience in the energy entrepreneur and investor wi
Slide 26: TSXV: WEB FRA: PUQ OTCQX: WEGYF
PAGE 26 WWW.WESTBRIDGE.ENERGY STEFANO ROMANIN, DIRECTOR & CEO SROMANIN@WESTBRIDGE.ENERGY TSXV: WEB SCOTT KELLY, DIRECTOR & EXECUTIVE CHAIR FRA: PUQ SKELLY@WESTBRIDGE.ENERGY OTCQX: WEGYF
Westbridge Renewable Energy — Investor Presentation (March 2023) on 6ix