Frontier Energy Limited · ASX:FHE
Frontier Energy — Non-Deal Roadshow (April 2025)
19 slides from Frontier Energy's roadshow presentation, Apr 2, 2025
Slide 1: Waroona Renewable Energy Project
Waroona Renewable Energy Project Near term energy solution in Western Australia’s industry heartland For personal use only Non-Deal Australian Roadshow – April 2025 Artist impression of solar facility
Slide 2: Disclaimer
Disclaimer FORWARD LOOKING STATEMENT Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from those expressed or implied by such forward-looking information, including risks associated with invest
Slide 3: Near-term renewable energy production to meet Western Australia's increasing energy demand
Near-term renewable energy production to meet Western For personal use only Australia’s increasing energy demand Stage One – Ready for development 120MW solar / 80MW 4.75hr (380MWh) battery Strategically located in close proximity to grid and customers Management Major potential for Retail 24% 13% o
Slide 4: Energy Market
For personal use only Energy Market
Slide 5: Australian Energy Markets – WEM and NEM
Australian Energy Markets – WEM and NEM Wholesale Electricty Market (WEM) For personal use only • Largest micro grid in the world Network • ~21TWh of electricity annually Annual operational • Current ~17TWh demand • Growth – 4.5% pa (54% by 2033) • Australia’s only capacity market Capacity market? •
Slide 6: WA already seeing rising electricity prices prior to transition
WA already seeing rising electricity prices prior to transition WA Wholesale Electricity Price1 WEM electricity prices have increased consistently over the past four years 280 • Average price – electricity prices have increased by ~61% For personal use only over the past three years, from A$50/MWh i
Slide 7: The challenge facing WA's energy market
The challenge facing WA’s energy market Demand Supply For personal use only Showing no signs of slowing Coal closure + Delays in new generation State owned coal assets New generation delayed AEMO forecast 57% demand closures from 2025-2029 by network constraints and growth over the next 10 years exp
Slide 8: Waroona Renewable Energy Project
For personal use only Waroona Renewable Energy Project
Slide 9: Waroona Renewable Project – In the heart of Industrial WA
Waroona Renewable Project – In the heart of Industrial WA Ideally located • ~120km south of Perth in the Shire of Waroona For personal use only • Approved connection point – ETAC • Connection to 330kV transmission line • Exceptionally high Marginal Loss Factor • Surrounded by major loads with limite
Slide 10: DFS confirms Stage One is a long-life, profitable Project
DFS confirms Stage One is a long-life, profitable Project Stage One – 120MW solar / 80MW 4.75hr battery (380MWh) • DFS confirms the Project as a highly profitable renewable For personal use only energy project, with long life (30 years) and low operating costs, providing strong returns on all key me
Slide 11: Reserve Capacity provides additional financial support
Reserve Capacity provides additional financial surport 2027/28 BRCP and historical BRCPs/RCPs Reserve Capacity Mechanism • The Reserve Capacity Mechanism (RCM) is only in WA and For personal use only designed to ensure adequate generation capacity is available to meet forecast peak electricity deman
Slide 12: Energy strategy – Creating our own arbitrage opportunity
Energy strategy – Creating our own arbitrage opportunity Energy sales (battery charging / battery and excess solar sales) Creating our own arbitrage whilst minimising curtailment • Battery was sized (80MW / 380MWh) to match the lowest For personal use only generation periods (June/July) • Integratin
Slide 13: Financing Update
For personal use only Financing Update
Slide 14: Strategic investor process moves into next phase
Strategic investor process moves into next phase Strategic Partnership – Multiple offers revied • Received multiple Non-Binding Indicative Offers – encouraged by the number and calibre of interested For personal use only parties1 • NBIOs were received prior to the Project being selected for CIS • St
Slide 15: Waroona selected for Capacity Investment Scheme
Waroona selected for Capacity Investment Scheme How CIS works What is CIS? • An Australian Government initiative aimed at accelerating the transition towards renewable energy and storage For personal use only • This is the first tender for the CIS in Western Australia • Waroona is one of only four P
Slide 16: Why are there only a limited number of listed pure-play renewables?
Why are there only a limited number of listed pure-play renewables? They have all been taken over • Listed renewable energy companies in Australia are typically subject to competitive takeovers, resulting in generous premiums • Frontier offers unique exposure to returns from a renewable energy devel
Slide 17: Near Term Energy Solution – Waroona Renewable Energy Project
NEAR TERM ENERGY SOLUTION For personal use only WAROONA RENEWABLE ENERGY PROJECT Stage One development • 120MW / 80MW 4.75hr (380MWh) • Lower capex and strong returns • Development ready Strategically located proximal to grid and customers Fundamentals for grid connected electricity stronger than ev
Slide 18: Appendix
Appendix 1 • Listed renewable energy companies in Australia are typically subject to competitive takeovers resulting in generous premiums • For investors seeking exposure to a renewable energy development, Frontier, as the only standalone renewable energy company listed on the ASX, represents a uniq
Slide 19: For further information, contact
For personal use only For further information, contact Adam Kiley CEO +61 8 6117 0479 akiley@frontierhe.com ASX: FHE | OTCQB: FRHYF frontierhe.com