Cloudberry Clean Energy Asa · OSL:CLOUD
Cloudberry Clean Energy Asa — Q3 2021 Earnings Presentation
18 slides from Cloudberry Clean Energy Asa's earnings presentation, Oct 27, 2021
Slide 1: Third quarter 2021 Status and outlook
Q Cloudberry Third quarter 2021 Status and outlook 27 October 2021
Slide 2: Disclaimer
Disclaimer This company presentation (the "Presentation" has been prepared by Cloudberry Clean Energy ASA (the "Company") and its subsidiaries (together the "Group" and is made solely for information purposes. This Presentation does not constitute any recommendation to buy, sell or otherwise transac
Slide 3: Agenda
Agenda Overview and highlights Operational update and ESG Key Financials Outlook
Slide 4: Cloudberry owns, operates and develops Nordic renewables
Cloudberry owns, operates and develops Nordic renewables Local owner, developer and operator of renewable power assets in the Nordics Large production portfolio, with both hydro and wind assets Large and growing development backlog and pipeline Solid development track record - 11 projects developed
Slide 5: Business overview per reporting date
Business overview per reporting date Production Develop .) Production Construction permit Backlog incl. under construction * Hydro assets: 23 + Wind assets: 2 * Projects: 13 * Wind assets: 3 + Capacity: 160 MW) + Capacity: 370 MW 0 + Capacity: 139MW * Production: 485 GWh + Pipeline of additional >20
Slide 6: Last year, Today, Year end 2022
• • • • • • Last year Today Year end 2022
Slide 7: Operational update and ESG
Operational update and ESG
Slide 8: Portfolio overview and milestones
. . . ; Portfolio overview and milestones” Milestones 300 60 299 Nessa, Bjorgelva and Usma Construction L 4 and hand-over completed. In production egeni 250 H producing 100 Odal under construction. Slight delays. First Construction power expected in Q4 and full operation during . first half of 2022.
Slide 9: Cloudberry Offshore Wind
Cloudberry Offshore Wind Boosting offshore wind New business area Hired Charlotte Bergqvist to head the unit Stenkalles (VGnern Project) - 100 MW shallow water Grid agreement signed Procurement process on-going with Ventolines Final investment decision extended into 2022 Cloudberry to retain 100% ow
Slide 10: ESG
ESG Integrated in the organisation and throughout the value chain Planet Assessing Task Force on Climate-Related Financial Disclosures (TCFD) EU Taxonomy: * Lifecycle emissions < 100g CO2e/kWh + Cloudberry’s hydro and wind projects estimates far below + Power density > 5 W/m2 on Cloudberry’s powerpl
Slide 11: Key financials
Key financials
Slide 12: Total assets, equity, cash and interest-bearing loans
2500 • 2000 • 1500 • 1000 • • 500 • 0 Total asset Total equity Cash and cash Interest-bearing equivalents loans and borrowings
Slide 13: Profit or loss (consolidated & proportionate)
Profit or loss (consolidated & proportionate’) Consolidated financials NOK 1000 Revenue and other income EBITDA Operating profit (EBIT) Proportionate financials NOK 1000 Revenues and other income Procuction Develop Corporate EBITDA Procuction Develop Corporate Power Production (Wh) Q3 2021 6671 -3.0
Slide 14: Revenue and EBITDA
50 50 • 40 40 • 30 30 • 20 20 • 10 10 • 0 0 • -10 -10 • -20 -20 Revenue EBITDA Revenue EBITDA
Slide 15: Outlook
Slide 16: Market overview
Market overview Strong development in the long-term price forecasts 2025 38 2040 “ (.F (.° Figur 5-6 Utvkling i krafiprisene i de nordiske prisomrédene fra 2025 til 2040 16 Source: Norwegian Water Resources and Energy Directorate; Statnett Market development: Positive development in the long-term po
Slide 17: Delivering on our goals
Delivering on our goals * Strong growth in revenue and a positive EBITDA * Projects delivered according to plan * Projects in production delivered on time and budget i . + Projects under construction progressing well ! * Established a new business area, Cloudberry Offshore Wind * Outlook: * Increase
Slide 18: Cloudberry is a renewable energy company
Cloudberry is a renewable energy company, born, bred, and operating in the Nordic and in accordance with local traditions. We own, develop, and operate hydropower plants and wind farms in Norway and Sweden. We are powering the transition to a sustainable future by providing new renewable energy toda
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