Alerion Clean Power S.p.a. · MIL:ARN
Alerion Clean Power — Investor Presentation (June 2025)
27 slides from Alerion Clean Power's investor presentation, June 2025
Slide 1: Business Plan 2025-2028 Investor Presentation
Milan, June 2025 Business Plan 2025-2028 Investor Presentation 1
Slide 2: Agenda
Agenda Market Overview Results Review Strategy And Targets Closing Remarks
Slide 3: RES Market Evolution
Res Market Evolution Both the European Union and Italy have established aggressive renewable energy targets as cornerstones of their decarbonization and energy independence strategies. The EU aims to source at least 42.5% of energy consumption from renewables by 2030, with an aspirational goal of 45
Slide 4: Structural challenges in scaling up renewables
Structural challenges in scaling up renewables Solar Deployment After growing by 53% in 2023, EU solar installations slowed to 4% growth in 2024. 65.5 GW of new solar PV was added in 2023, but the EU must sustain 70 GW/year to stay on course for 2030 targets. Italy added ~5 GW in 2023, but most from
Slide 5: New energy demand drivers
New energy demand drivers A new wave of structural demand is reshaping electricity consumption globally. Beyond traditional industrial and residential needs, three key megatrends are driving incremental electricity demand: Artificial Intelligence The exponential growth of AI models, data processing,
Slide 6: Growing Power Demands of Digital Infrastructure
Growing Power Demands of Digital Infrastructure Digitalization and AI are becoming major drivers of future electricity consumption globally. Data center growth in Europe could reach 35 gigawatts by 2030, increasing by 20 percent per annum. Data centers will account for up to 25% of new net electrici
Slide 7: Ambitious Targets, Structural Challenges: The Outlook for Power Markets
Ambitious Targets, Structural Challenges: The Outlook for Power Markets EU has ambitious targets for energy transition Strong regulatory push for renewables Still lagging deployment Permitting and grid constraints slowing growth Rising electricity demand due to new drivers Electrification and AI dri
Slide 8: Agenda
Agenda Market Overview Results Review Strategy And Targets Closing Remarks
Slide 9: Financial Performance FY23 vs FY24
Financial Performance FY23 vs FY24 Significant growth in revenue and Revenue (€ Mln) EBITDA (€ Mln) EBITDA from FY23 to FY24. 243,6 188.4 Key metrics demonstrate positive 187,8 138.3 financial trajectory in deployment of industrial plan. FY 2023 FY 2024 FY 2023 FY 2024 Net Profit (€ Mln) NFP (€
Slide 10: Highlights FY 2024
Highlights FY 2024 Bond 2024 - 2030 In November 2024, issue of €250m Green Bond, at a rate of 4.75 percent, for the purpose of: 50-50 Joint Venture Agreement with Alperia SpA on a 120 MW asset portfolio Refinancing of existing bond Generated €80 million of EBITDA in 2024 validating the value of our
Slide 11: H1 2025 Interim Results
H1 2025 Interim Results Production Revenues EBITDA -15% compared to H1 2024 due to Strong and solid performance Maintaining profitability margins. below-average wind conditions. under stressful conditions Production (GWh) Revenues (€ Mln) EBITDA Adj. (€ Mln) 775,5 91,3 67,9 655,8 77,6 57,3 H1 2024 H
Slide 12: Agenda
Agenda Market Overview Results Review Strategy And Targets Closing Remarks
Slide 13: Key Strategic Pillars
Key Strategic Pillars Secured Growth Plan Diversification Access to selected attractive geographical Approx. 400 MW in construction markets with strong growth perspectives 750 MW ready to build and start investing in new storage Flexible and modular capex plan technologies Value Creation Equity Recy
Slide 14: Secured growth plan
Secured growth plan The installed capacity target has strong visibility, driven by projects under construction, a solid ready-to- build portfolio, and a sizable development pipeline. 0.1 GW ~ 2.5 GW Gross installed capacity 0.3 GW 0.8 GW 0.4 GW 946 MW Installed 2024 & Ready to build Main Further Tar
Slide 15: Strong visibility on growth in the coming years
Strong visibility on growth in the coming years Growth prospects over the next few years benefit from a high degree of visibility, thanks to a robust and well-structured pipeline of projects: Approximately 0.4 GW of capacity currently under construction. All those projects are expected to contribute
Slide 16: Leadership in Italy, growth across key markets
Leadership in Italy, growth across key markets Strong and diversified presence across Europe, underpinned by market leadership in Italy. Significant growth in Romania, a country highly promising for the development of renewable energy. Active presence in the United Kingdom and Spain, further strengt
Slide 17: Romania: Emerging Renewables Leader
Romania: Emerging Renewables Leader Faster Permitting Large Scale Projects Romania has implemented centralized approval The market is attracting substantial investments processes for large-scale renewable projects exceeding with average wind projects exceeding 100 MW - more 100 MW, dramatically redu
Slide 18: Repowering: A Strategic Opportunity for Growth
Repowering: A Strategic Opportunity for Growth Repowering is a key lever to increase installed capacity and energy production >2x Installed capacity on limited wind sites. It enables higher output with fewer turbines, faster permitting, and efficient use of existing 3x Production infrastructure. As
Slide 19: New technologies: storage
New technologies: storage BESS- Battery Energy Storage System PSH – Pumped Storage HydroPower 220 MW in Development | 36 MW RTB > 500 MW in Development Grid stability & flexibility Pumped storage hydropower is a type of Rapid response to imbalances enables participation in hydroelectric energy stora
Slide 20: Equity Recycling (Partnership)
Equity Recycling (Partnership) Asset Rotation Strategy – Rationale Behind Equity Recycling plan Unlocking Value from Our Pipeline Reinvesting in full-ownership core projects and scale faster Improved financial stability Strategic Partnerships for Long- Term Growth Gross installed capacity 2024 2028
Slide 21: Installed Capacity Target
Installed Capacity Target Gross installed capacity 2.5 GW Country Split Technology Split <0.1 +175% 0.5 0.8 Italy WF Other 946 MW 2.5 GW 2.5 GW PV Countries BESS Romania 1.6 2 0.1 FY 2024 FY 2028 21
Slide 22: Financial Targets
Financial Targets EBITDA (€ Mln) EBITDA Growth From €200M in FY 2025 to €380M in FY 2028 380 200 Strategic Investments FY 2025 FY 2028 €1.8B primarily in large-scale projects Investments (€ Mln) Project Pipeline >7 GW total pipeline under development 950 700 120 Italy Romania Other Countries 22
Slide 23: Solid and Sustainable Financial Structure
Solid and Sustainable Financial Structure NFP / EBITDA Ratio Balanced Debt Maturities NFP (€ Bln) Maintained around 4x Minimizing throughout the plan period refinancing risks 1.5 Progressive Deleveraging Sustainable Financing Relative debt reduction as Focus on ESG-linked EBITDA grows instruments 0.
Slide 24: Agenda
Agenda Market Overview Results Review Strategy And Targets Closing Remarks
Slide 25: Our Path to Sustainable Growth
Our Path to Sustainable Growth Clear Strategic Vision Committed to sustainable growth and long-term value creation Solid Project Pipeline Over 1 GW in construction or ready-to-build projects Strategic Equity Recycling Unlocking pipeline value while enhancing financial stability Doubling Capacity by
Slide 26: Alerion
* Alerion IN
Slide 27: Disclaimer
Disclaimer This presentation contains forward-looking statements regarding future events and the expected financial and operational performance of Alerion Clean Power and its subsidiaries. These statements are based on current expectations and projections and are subject to risks and uncertainties t
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