Kalina Power Limited · ASX:KPO
Kalina Power — Jefferies Company Presentation, November 2025
14 slides from Kalina Power's conference presentation, Nov 13, 2025
Slide 1: ASX Announcement: Company Presentation
ASX ANNOUNCEMENT 13 NOVEMBER 2025 Company Presentation Kalina Power Limited (ASX: KPO) (the Company) is pleased to release copies of a Presentation to be delivered at a meeting arranged by the New York based Power, Utilities, Midstream, & Clean Energy Research team at Jefferies (a full-service inves
Slide 2: Powering the Future of AI Data Centers
Powering the Future of AI Data Centers For personal use only KALiNA Power Limited (ASX:KPO) Jefferies Presentation - November 2025
Slide 3: Disclaimer
Disclaimer This presentation has been prepared by Kalina Power Limited (“Kalina” or the “Company”). This presentation is revocation of governmental approvals; title risks; delays or unavailability in financing; failure to comply with not a prospectus, product disclosure document or other offering do
Slide 4: Corporate Snapshot
For personal use only Corporate Snapshot Financial Profile1 Top Shareholders Share Price AU$0.021 SinalungaPty Ltd (HNW) 16.9% BasicShares O/S 2.93B Market Cap AU$61m Sassey Pty Ltd (HNW) 5.9% Debt AU$0.0m Ross MacLachlan (CEO) 4.3% Cash AU$19m Citicorp Nominees 4.1% Incentive Options 227.8m Rights
Slide 5: Experienced Board of Directors and Project Development Team
Experienced Board of Directors and Project Development Team ~20 GW of global power project development (~3.5 GW for the Alberta team) Board of Directors Stephen White Ross MacLachlan Matthew Jenkins Peter Littlewood Timothy Horgan Malcolm Jacques Chairman Managing Director and CEO Executive Director
Slide 6: KPO's focus on AI data center activity
KPO’s focus on AI data center activity Addressing the surge in demand for Power by AI data centers in Alberta Opportunity Highlights Alberta KALiNA’s 100% owned subsidiary, KDP is an Alberta-based power developer with a 1.7 GW portfolio under development. Initial projects are being developed to co-s
Slide 7: Recent Surge of AI Data Center activity in Alberta
Recent Surge of AI Data Center activity in Alberta Power access, land scale and tax incentives supports robust interest from potential offtakers Bring Your Own Power New Entrants to the Alberta Data Center Market “The province asks companies to ‘bring your own power’ and build their own infrastructu
Slide 8: Strategic Sites to Power up to 1.7 GW of AI data center activity
5 Strategic Sites to Power up to 1.7 GW of AI data center activity Clairmont – 160 Acres Myers – 65 Acres - Co Sited [3] Capacity for up to 1 x 200 MW Power-CCS Plant[1] Each Power-CCS Plant: Capacity for up to 2 x 200 MW Power-CCS Plants[1] Electrical ~ 3 km new 144 kV to existing major regional ~
Slide 9: First mover advantage to service Growing Data Center Demand
First mover advantage to service Growing Data Center Demand Pipeline of large-scale projects highlights KDP’s status in the interconnection queue Growing Data Center Development in Alberta(1) Geographic Spread of Projects Active in the Queue Proposed Data Center Demand on Alberta Grid Project Name P
Slide 10: Data Centers Co-Sited with Power Plants
Data Centers Co-Sited with Power Plants Pipeline CO2 Stripped For personal use only Natural Gas Exhaust ~ 36,300 GJ/d PCC Unit Captured CO2 Exhaust Gas Exhaust Gas Data Center CC Unit Cooler ~ 1730 tonnes/d Computing Equipment Gas Turbine Steam CO2 Absorber Cooling Systems Electricity He
Slide 11: Long-term Offtake and Gas Supply Overview
Long-term Offtake and Gas Supply Overview Commercial offtake strategy provides projects with stabilized cash flows and de-risks commodity price exposure Offtake Strategy & Gas Supply Entire Portfolio will have indicative Power Purchase Agreements (“PPA”) with an investment grade or otherwise credi
Slide 12: KPO's Commercial Interest & Funding Strategies
KPO’s Commercial Interest & Funding Strategies Investment Strategy Financing Pre FID Costs (Pre-FEED & FEED) Developing projects through Pre-FEED, For personal use only Pre-FEED & FEED costs will be financed through the most accretive FEED and construction of: Anticipated contributions from In
Slide 13: Transaction Structure Overview
Transaction Structure Overview Overview of indicative transaction structure and development capital needs for the Portfolio Key Points Illustrative Transaction Structure Through Project Stallion, KDP is seeking strategic pre-FID investment to develop its Portfolio. CAPEX of each initial 200 MW Combi
Slide 14: Timeline to FID
Timeline to FID Overview of key milestones to achieve FID for the Portfolio Key Points Pre-FEED Stage – FEED Stage – The funding plan is structured to Q2 2025 – Q2 2026 Q3 2026 – Q2 2027 progressively de-risk the Portfolio, for the 5 projects in the Portfolio For primary 3 projects to be advanced
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