Adani Green Energy Limited · NSE:ADANIGREEN
Adani Green Energy — Barclays ESG Conference 2024
30 slides from Adani Green Energy's conference presentation, Jun 23, 2024
Slide 1: Intimation of interaction with investors / analysts
Date: June 23, 2024 To BSE Limited The National Stock Exchange of India Limited P J Towers, “Exchange Plaza”, Dalal Street, Bandra – Kurla Complex, Mumbai – 400 001 Bandra (E), Mumbai – 400 051 Scrip Code: 541450 Scrip Code: ADANIGREEN Dear Sir, Sub: Intimation of interaction with Investors / Analys
Slide 2: Adani Green Energy Limited ESG Presentation
1 Adani Green Energy Limited ESG Presentation June 2024 Photo: AGEL’s Solar-Wind Hybrid plants at Jaisalmer, Rajasthan
Slide 3: Table of Contents
Table of Contents 1 Adani Portfolio – Overview 2 AGEL – Company Profile 3 AGEL – ESG 4 AGEL – Investment Rationale 2
Slide 4: Adani Portfolio
adani Renewables O71 Adani Portfolio
Slide 5: Adani Portfolio: A World class infrastructure & utility portfolio
Adani Portfolio: A World class infrastructure & utility portfolio Flagship Infrastructure & Utility Core Portfolio Primary Industry Emerging B2C Materials, Metal Direct to Incubator Energy & Utility Transport & Logistics & Mining consumer (100%) (100%) (72.61%) (100%) (50.00%) (100%) (100%) ANIL Ada
Slide 6: Adani Portfolio: Decades long track record of industry best growth
Adani Portfolio: Decades long track record of industry best growth with national footprint Secular growth with world leading efficiency National footprint with deep coverage Growth 3x 6 Growth 4x 6 EBITDA 71% 1,2 EBITDA 92% 1,4 AEL Growth 3x 6 Growth 1.4x 6 APSEZ AGEL Adani’s Core Infra. ATGL Platfo
Slide 7: Adani Portfolio: Repeatable, robust & proven transformative model of investment
Adani Portfolio: Repeatable, robust & proven transformative model of investment DEVELOPMENT OPERATIONS CONSUMERS 1 New C.E.O. Adani Infra (India) Limited (AIIL) Operations (AIMSL) Consumer I Employees I Other Stakeholders Origination Site Development Construction Operation Inspired Purpose & Value C
Slide 8: AGEL: Replicating Group's Simple yet Transformational Business Model
AGEL: Replicating Group's Simple yet Transformational Business Model Secure Sites & Connectivity Resource Assessment Construction Readiness ~2,50,000 acres of resource rich Geotechnical studies Development sites for renewable in strategic locations 50+ GW potential & Special studies (AIIL) Resource
Slide 9: Adani Green Energy Limited (AGEL): Company Profile
Adani Green Energy Limited (AGEL): Company Profile Photo: AGEL’s Solar plant at Anjar, Gujarat
Slide 10: AGEL: Committed to a sustainable future
AGEL: Committed to a sustainable future Holding Structure ESG Ratings Adani Family Ranked 1st in Asia Ranked Top 10 Scored 70/100, and amongst Top Globally one of the best in 5 globally in RE India Electric 56.4% sector Utility 19.7% 12.8% #1 Constituent of CSRhub (Consensus Other Public Ranking in
Slide 11: AGEL: Leading India's Energy Transition
AGEL: Leading India’s Energy Transition Growth Strategy – 2030 Well secured resource rich sites CAGR 29% 50.0 GW Solar, Wind & CAGR 41% Hybrid Development in Rajasthan & Gujarat 10.9 GW Hydro PSP development in 2.0 GW Maharashtra, Andhra Pradesh, Telangana & Tamil Nadu FY19A FY24A FY30E Focused on d
Slide 12: AGEL: Renewable energy portfolio evolution up to 2030
AGEL: Renewable energy portfolio evolution up to 2030 Today 2030 100% Must-run Portfolio 10.9 GW Resource Mix 50 GW 25-Year Fixed tariff PPAs for contracted portfolio Attractive tariffs in merchant and C&I 6% 15% Strong counterparty Contract Mix profile 94% 85% Contracted Merchant Contracted Merchan
Slide 13: AGEL: Growth & Cash Generation Capability De-risked
AGEL: Growth & Cash Generation Capability De-risked Operational Capacity & EBITDA from Power Supply EBITDA from Power Suppply (INR Cr.) 43% CAGR 10,934 Run-rate EBITDA of Operational Capacity (MW) Rs. 10,462 Cr. 34% CAGR 8,086 7,222 5,410 5,538 3,470 1,918 2,545 3,508 1,970 834 1,710 1,859 2,207 FY1
Slide 14: Consistent Strong Credit Performance
Consistent Strong Credit Performance • Actual (“x” times; unless specified otherwise) —Stipulated / Threshold CFCR Disc. FCFE / Net Senior Debt Net Senior Debt/ NTM FCFE Consol Net Debt /RR EBITDA AGEL 3.96 2.90 3.20 3.10 3.59 3.36 Holdco 2.64 3.33 5.00 7.50 6.53 5.93 4.04 5.39 Ba3 4.99 1.10 1.60 2.
Slide 15: AGEL: ESG Framework & Commitments
Adani Green Energy Limited (AGEL): ESG Framework & Commitments Photo: AGEL’s Solar-Wind Hybrid plants at Jaisalmer, Rajasthan (bifacial modules with horizontal single axis trackers)
Slide 16: Assurance backed ESG framework
Assurance backed ESG framework Guiding principles India Business & IFC E&S United Nations UN Sustainable Green Bond SBTi Biodiversity Performance Global Compact Development Goals Principles Initiative (IBBI) Standards Guiding Policies principles Disclosure Standards TCFD TNFD GRI Standards CDP discl
Slide 17: Climate change & Environment – Key Targets & Status
AGEL: Climate change & Environment – Key Targets & Status Material Topic Targets Key ESG Initiatives/Achievements Committed to avoid GHG Climate Change Climate Change emissions through development • Greenfield capacity addition of 2.8 GW in FY24, representing 15% of India’s total renewable energy of
Slide 18: ESG Implementation at Khavda, world's largest single location RE project
ESG Implementation at Khavda, world’s largest single location RE project Standardized ESG Practices Contributing to a greener planet with 30 GW RE plant Study/Assessment Consultant ~81 Billion units of RE electricity generation Environment & Social Impact Assessment (ESIA) Critical Habitat Assessmen
Slide 19: Case Study: AGEL becomes Water Positive
Case Study: AGEL becomes Water Positive Aligning to UN Sustainable Development Goal 6 ✓ Committed to water neutrality through reducing water consumption & conservation of water Potential rainwater Total freshwater intake Water saved is harvested and recharge for consumption created Certified Water +
Slide 20: Case Study: AGEL's Initiatives Towards Water Stewardship
Case Study: AGEL’s Initiatives Towards Water Stewardship Aligning to UNSDG Goal 12 ✓ Committed to reduce the operational water intensity through installation of waterless robotic cleaning of PV solar modules ✓ 42.5% of operational capacity is utilizing robotic cleaning in water-stressed areas leadin
Slide 21: Case Study: AGEL becomes Zero Waste to Landfill Certified
Case Study: AGEL becomes Zero Waste to Landfill Certified Aligning to UN Sustainable Goal 12 ✓ Committed to responsible consumption by reducing waste disposal to landfill to Zero and creating a circular economy Training and Capacity Building Gap assessment & Waste diversion Audited & Certified ‘Zero
Slide 22: Strategy towards Social contribution
AGEL: Strategy towards Social contribution Strategy Key Indicators Implementation • Learning & Development • Employee Capacity building through trainings and webinars (Skill upgradation, Human Rights and ESG / EHS) • Employee Satisfaction • Grievance redressal system, V connect, Maadhyam, Gallup, Gr
Slide 23: Our Key Social Initiatives mapped to UN SDGs (1/3)
AGEL: Our Key Social Initiatives mapped to UN Sustainable Development Goals (1/3) Our Key Social Initiatives mapped to UNSDG o Blood Donation Drive at Head Office, Jaisalmer and Madhopura Site; About 1,135 people Multiple participated in the drive and donated blood Locations o Conducted 2 specialize
Slide 24: Our Key Social Initiatives mapped to UN SDGs (2/3)
AGEL: Our Key Social Initiatives mapped to UN Sustainable Development Goals (2/3) Our Key Social Initiatives mapped to UNSDG o 3477 direct/ indirect job opportunities provided o Conducted Employee Engagement Pulse Survey (employee satisfaction survey) in 6 languages based on the demographics of the
Slide 25: Our Key Social Initiatives mapped to UN SDGs (3/3)
AGEL: Our Key Social Initiatives mapped to UN Sustainable Development Goals (3/3) Our Key Social Initiatives mapped to UNSDG o Cost efficient operation & higher electricity generation through ENOC o Development of semi-automatic module cleaning system to reduce water usage by 46% Multiple o Implemen
Slide 26: Strong Governance Framework
AGEL: Strong Governance Framework Key Governance Areas Key Highlights ESG Governance Structure ✓ 50% Independent Directors Corporate Responsibility Board Independence & Committee at Board level Diversity ✓ 10% Women Directors (to be reinstated to 33% in longer term) ✓ Corporate Responsibility Commit
Slide 27: Investment Rationale
Investment Rationale Photo: AGEL’s Solar-Wind Hybrid plants at Jaisalmer, Rajasthan
Slide 28: Key Investment Highlights
Key Investment Highlights – Resource Availability: Strategic sites with generation potential of ~50+ GW backed by comprehensive geotechnical studies, fully prepared evacuation infrastructure, and meticulously crafted design work & resource analysis. Development & – Project Management, Execution and
Slide 29: Disclaimer
Disclaimer Certain statements made in this presentation may not be based on historical information or facts and may be “forward-looking statements,” including those relating to general business plans and strategy of Adani Green Energy Limited (“AGEL”),the future outlook and growth prospects, and fut
Slide 30: Thank You
adani Renewables Thank You