Anzen India Energy Yield Plus Trust Units · NSE:ANZEN
Anzen India Energy Yield Plus Trust Units — Investor Presentation (March 2026)
35 slides from Anzen India Energy Yield Plus Trust Units's investor presentation, March 2026
Slide 1: Anzen India Energy Yield Plus Trust Presentation
Anzen India Energy Yield Plus Trust Presentation PRIVATE & CONFIDENTIAL. NOT FOR CIRCULATION 1
Slide 2: Safe Harbour
Safe Harbour This presentation ("Presentation”) is prepared and issued by EAAA Real Assets Managers Limited (the “Investment Manager”) on behalf of and in its capacity as the investment manager to Anzen India Energy Yield Plus Trust (“Anzen InvIT” or “InvIT”) for general information purposes only, w
Slide 3: Our Vision
Our Vision… To become the most trusted and valued investment platform, enabling India’s energy transition 3
Slide 4: Our guiding principles: Stable, Sustainable, Growth
…enabled by our guiding principles… Stable Sustainable Growth Focus on operating, revenue Long Term Contracts DPU Accretive Acquisitions generating mature assets Efficient Asset Management Drive capital efficiency Creditworthy counter-parties High Governance Capitalizing on India’s e
Slide 5: Anzen InvIT: At a Glance
Anzen InvIT: At a Glance Anzen Overview Key Highlights (FY24) Listed on NSE and BSE on November 16, 2022; with a focus on building a diversified energy market place with high quality portfolio, generating long term stable and ~INR 23 bn INR 9.8 sustainable yield & value accretive growth FY24 DPU A
Slide 6: Key Investment Highlights
Key Investment Highlights 1 Well-positioned to benefit from significant opportunities in the growing energy sector of India (primarily transmission and renewable sectors) Rare opportunity to invest in diversified energy InvIT with high-quality portfolio of transmission 2 assets with proposed renewab
Slide 7: Strong Tailwinds across Transmission…
1 Strong Tailwinds across Transmission… Transmission Capacity Investments To Remain Strong1 Indian Transmission Sector Opportunity Landscape Driven by higher investments in the Western Region of ~INR 19.3 k cr 1,044 2,412 1,881 16,459 1,251 485 571 648 42,998 25,495 FY 24 FY 27E FY 32E - Transmissio
Slide 8: …and Renewable Energy Sectors
1 …and Renewable Energy Sectors RE capacity expected to increase by 2.6x by FY2030 Investment requirement of over INR 27 Lakh Crores… RE Installed Capacity in September 2024 RE Installed Capacity in CY 2030 Renewables: FY23-FY27 (INR Cr) FY27-FY32 (INR Cr) Solar 6,80,970 7,96,771 Bioenergy Small Hyd
Slide 9: Industry Provides Significant Opportunity for Growth
1 Industry Provides Significant Opportunity for Growth Energy Industry Assets Mature Assets Construction & Greenfield Risk (History> 2-3 years) and Nascent Assets Diversified Sector Focused Financial Investor backed Developer backed Government backed Developer backed InvITs InvITs / platforms InvITs
Slide 10: Diversified Energy InvIT with Strong Portfolio
2 Diversified Energy InvIT with Strong Portfolio Transmission assets Presence across 8 states in India 2 ISTS projects : ~855 ckt km; 1168 Towers and 2 substations (1400 MVA) Counterparty: 100% by Tier-I counterparty1 Operational track-record - ~7 years ; Residual TSA Life: ~28 years Punjab &
Slide 11: Diversified Energy InvIT: Long Life Assets Backed by Tier-I Counterparty
2 Diversified Energy InvIT: Long Life Assets Backed by Tier-I Counterparty Parameter Transmission Assets Target Asset ROFO 1 ROFO 2 Type of asset Transmission asset (BOOM) Solar renewable 12 Solar renewable assets Transmission asset (BOOM) Capacity ~855 ckt km and 2 Sub station ~420 MWp ~813.2 MWp ~
Slide 12: Strong Financial Position with Long Term and Predictable Cash Flow
Platform with Strong Financial Position with Long Term and Predictable 3 Cash Flow Growth opportunity with Stable cashflows Low operating risk Intrinsic terminal value Platform currently has low leverage Timely realization of revenue leads to Portfolio assets are operational (~27.59%1 Net debt/AUM)
Slide 13: Unique Opportunity to Invest at an Early-Stage in a High-Growth InvIT
4 Unique Opportunity to Invest at an Early-Stage in a High-Growth InvIT… As an InvIT, Anzen can capitalize on extensive relationships across the energy industry for access to opportunities Anzen is well poised to grow as an Energy InvIT Independent platform Growth from planned Visible growth from Ex
Slide 14: …With a Visible Pipeline of Value Accretive Growth
4 …With a Visible Pipeline of Value Accretive Growth Transmission Assets Renewable Assets In ckt kms In MWp Growth from other third-party acquisitions will be over and above these projections Growth from other third-party acquisitions will be over and above these projections 1,233.2 ~ 1,835.0 813.2
Slide 15: Established Asset Management Strategy: Overview
5 Established Asset Management Strategy: Overview Track record of proficient Experienced internal team Technical executional performance Executional and external advisors for assessment / O&M practices with an performance undertaking technical Diligence experienced O&M team assessments capabil
Slide 16: Asset Management Strategy: Technology Led Key Initiatives
5 Established Asset Management Strategy: Technology Led Key Initiatives Centralized control room for Various processes automated 01 regular monitoring 03 through tools & applications Use of drones and remote Applications for O&M, DD, for monitoring of assets, use of seamless workflow / proce
Slide 17: Asset Management Strategy: Sustained Operating Performance
Established Asset Management Strategy: Resulting in Sustained 5 Operating Performance Availability2 99.87% 100.00% 100.00% 100.00% 99.99% 100.0% 99.79% 99.65% 99.16% 99.0% 98.0% 97.0% 96.0% 95.0% Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 DMTCL NRSS Average Availability for FY2024 - DMTCL: 99.79%, NRSS: 99.83%
Slide 18: Experienced Sponsor and Project Manager
6 Experienced Sponsor and Project Manager Proven project management capability: Unique platform with expertise in Transmission & Renewable energy Transmission (~855 ckt km); Solar assets (~813 MWp) L on gT Sta er bilit Acquired and operates high quality energy assets m S u s t ai n e d G r y and Sec
Slide 19: Rich Project Management Experience
6 Rich Project Management Experience Increased generation Superior Treasury operations Revenue Leveraging O&M capability to generate additional revenue O&M Technology Drones based inspection, Transmission assets avg. upgradation for enhanced Cyber availability > 99.1% Security and machine learning t
Slide 20: Backed by EAAA Alternatives: One of India’s Leading Asset Managers
6 Backed by EAAA Alternatives: One of India’s Leading Asset Managers 15+ years investment AUM of ~INR 5731 bn from Backed by Global Pension Funds, experience | Established track Global and Indian Limited Insurance companies, Family Partners record across Real Assets and Offices and ultra-HNIs Privat
Slide 21: Strong Leadership Team Supported by Stellar Independent Directors
6 Strong Leadership Team Supported by Stellar Independent Directors Mr. Venkat Ramaswamy Mr. Subahoo Chordia Ms. Ranjita Deo Non-Executive Director Non-Executive Director CIO, Whole Time Director Directors • Founding member of • Founding member of • WTD and CIO of ERAML Edelweiss group, Edelweiss Al
Slide 22: Anzen: Focusing on Sustainable Growth through Multiple Levers
Anzen: Focusing on Sustainable Growth through Multiple Levers Growth Growth visibility visibility from from ROFO ROFO assets assets Value Accretive Leveraging Leveraging sectoral sectoral tailwinds tailwinds Growth 01 Focus Focus on on acquiring acquiring assets assets with with similar
Slide 23: Annexures
Annexures
Slide 24: Annexure A: Portfolio Asset Details
Annexure A: Portfolio Asset Details
Slide 25: Proposed Acquisition
Proposed Acquisition Proposed Acquisition Asset Location Location Jaisalmer, Rajasthan Capacity 300 MW (AC); ~420 MWp (DC) Technology Solar (Mono-PERC) COD October 05, 2021 Off-taker SECI PPA End Date October 04, 2046 PPA Tenure 25 years PPA Tariff per kWh INR 2.55 per kWh Remaining PPA tenure1 ~22
Slide 26: ROFO Assets
ROFO Assets ROFO 1: Solar Assets DC Power2 AC Power2 Tariff PPA tenure Residual PPA Project Company Counterparty State COD (MWp) (MW) (INR/kWh) (yrs) tenure (yrs)1 280.0 200.0 2 June 2019 Solairepro Urja Pvt. Ltd NTPC AP 3.15 25 ~19.83 70.0 50.0 9 Mar 2020 Enviro Solaire Pvt. Ltd SECI 101.0 75.0 UP
Slide 27: Group Structure
Group Structure Sponsor (~15%) Institutional Investors/ Other: ~29% SEPL Energy Private Limited (L&T ltd., Azim Premji Trust, Indian Institute of Science etc.) Sponsor Group entity (~56%) EIYP 71% Trustee Services Investment Management Services Trustee: Investment Manager: Axis Trustee Services EAAA
Slide 28: Annexure B: Distribution Profile
Annexure B: Distribution Profile
Slide 29: Distribution Profile
Distribution Profile Repayment of Total Interest Other Income Total# Period Debt Distribution Record Date Distribution Date (INR per Unit) (INR per Unit) (INR per Unit) (INR per Unit) (in INR Mn) Q3 FY23* 0.72 0.44 0.08 1.24 195.9 February 21,2023 February 27,2023 Q4 FY23 2.35 0.04 0.03 2.42 382.4 J
Slide 30: Annexure C: Awards for ESG Focus and Asset Management
Annexure C: Awards for ESG Focus and Asset Management
Slide 31: Asset Management Strategy: International Accreditation
Established Asset Management Strategy: International Accreditation ISO 14001 ISO 45001 Environment Occupational Health Management & Safety System Management ISO 27001 ISO 55001 Information Security Asset Management Management 31
Slide 32: Awards and Achievements: Transmission
Awards and Achievements: Transmission 2022 2023 2024 British Safety Council British Safety Council OHSSAI • Merit Award • Distinction Award • Safety Award – Gold • Best in Region Award – East • HSE&E Leadership Award NSCI Safety Awards • HSE&E Mentor Award • Prashansa Patra 32
Slide 33: Awards and Achievements: Solar
Awards and Achievements: Solar 2023 2024 2024 British Safety Council British Safety Council CII • Distinction Award • Distinction Award • Gold Award EQ Suryacon • Solar Project Monitoring Technology Company 33
Slide 34: Glossary
Glossary Abbreviation Full Form Abbreviation Full Form Anzen InvIT or Anzen or Trust Anzen India Energy Yield Plus Trust MW Mega Watt AUM Asset Under Management MWp Mega Watt Peak BFSI Banking, Financial Services, and Insurance NAV Net Asset Value CEO Chief Executive Officer NEA New Enterprise Assoc
Slide 35: Thank You
Thank You 35
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