Kalina Power Limited · ASX:KPO
Kalina Power — Investor Presentation (December 2022)
17 slides from Kalina Power's investor presentation, Dec 6, 2022
Slide 1: Legislative & Regulatory Framework for KALiNA's Project Development focus in Alberta
6 December 2022 Webinar Legislative & Regulatory Framework for KALiNA’s Project Development focus in Alberta Private and Confidential 1
Slide 2: Disclaimer
Disclaimer This presentation contains certain forward-looking statements that have been based on current expectations about future acts, events and circumstances. These forward-looking statements are, however, subject to risks, uncertainties and assumptions that could cause those acts, events and ci
Slide 3: Capital Overview
Capital Overview Financial Profile Top Shareholders Corporate Capital Raises Share Price2 AU$0.023 Top Shareholders Basic Shares O/S2 AU$1.52B A$ 13.4m 2016 – 2019 Sinalunga Pty Ltd (HNW) 7.64% Market Cap2 AU$34.85m Carpe Diem Asset Mgmt (HNW) 4.36% A$8.0m @ A$0.025 - Sept 2020 Debt1 AU$0m Lightglow
Slide 4: Exceptional Team
Exceptional Team Team has over 150 years and 9 GW of experience in power development Stephen White • Former CEO of Veresen Inc; pipeline, midstream & gas processing Kevin Wallace P. Eng. • International authority on waste heat to power & geothermal power Chairman assets, sold to Pembina in 2017 for
Slide 5: KALiNA's alignment with Canada's net-zero road map
KALiNA’s alignment with Canada’s net-zero road map o Presentation Outline: About KALiNA Canada’s Road Map to Net-Zero Economy by 2050 Legislation & Regulations currently in place Legislation & Regulations proposed (pending) Implications for Canadian Power Markets Alberta Power Market I
Slide 6: About KALiNA Power
About KALiNA Power 55872421 Technology leader in Geothermal International deployment of Major near-term value drivers with and Waste Heat to Power technology on an industrial scale power project development team • Superior zero emissions technology • Technology platform for $billion markets across a
Slide 7: Canada's Road Map to Net-Zero Economy
Canada’s Road Map to Net-Zero Economy ● CARBON TAX: (in effect) o Progressive tax on carbon emissions to increase from $65/ton in 2022 to $170/ton by 2030 o Results in overall higher prices for electricity and a transition to widely deployed renewables o Effectively eliminates coal-fired generation
Slide 8: Implications for Canadian Power Markets
Implications for Canadian Power Markets ● Mandating net-zero electrification of industries nationwide will require a major expansion of new power plants o Gas-fired power generation with carbon capture will be required to meet demand o Deploying intermittent renewables requires dispatchable gas-fire
Slide 9: KALiNA Distributed Power ("KDP")
KALiNA Distributed Power (“KDP”) ● KALiNA Power Limited (“KPO:ASX”) established KDP in 2018 to develop KALiNA Distributed Power Limited power projects in Alberta ● KDP is seeking funding partners to participate in its Saddle Hills facility and growing portfolio of projects ● Developing projects alig
Slide 10: Saddle Hills - Phased deployment strategy
Saddle Hills - Phased deployment strategy ● Saddle Hills is permitted to construct & operate up to 64MW in combined cycle o Project to align with goals of Federal and Provincial legislation Phased deployment strategy accelerates deployment, reduces risk and positions the project to respond to legi
Slide 11: Commercial Arrangements of the Highest Calibre
Commercial Arrangements of the Highest Calibre • SGT-600 gas turbine vendor. Over 350 SGT-600 sold, 10 million operating hours • Performance and delivery guarantees with long-term services agreement • SNC1-2 Vapour Turbine Module • Performance and delivery guarantees with long-term services agreemen
Slide 12: Saddle Hills – Performance if Peaker operated the past 23 months
Saddle Hills – Performance if Peaker operated the past 23 months CAD 22 MW Simple Capex* Cycle Peaker $68 MM Year Capacity Factor Annual EBITDA 2021 51% $9 MM 2022 49% $14 MM • This table illustrates what a Peaker at Saddle Hills would earn had it been built and operating from 1 January 2021. • The
Slide 13: Transmission-Connected Power Projects with CCS
Transmission-Connected Power Projects with CCS ● Carbon Capture & Storage (“CCS”) represents a very large and emerging market opportunity ● Canada and the US are making CCS a critical part of their net-zero strategies ● The increasing demand for CCS in power generation, and oil & gas industry is one
Slide 14: Transmission-Connected Power Projects
Transmission-Connected Power Projects ● KALiNA is developing a multi-$billion portfolio of projects o Gas-fired Combined Cycle Power Plants integrated with Carbon Capture & Sequestration (“CC-CCS”) Projects range in size from 200 MW – 450 MW Capex (net of ITC) of each project range from CAD $700
Slide 15: CC-CCS Power Plant - Preliminary Rendering
CC-CCS Power Plant - Preliminary Rendering Air-Cooled Condenser Offices, Shops Gas Cooler Gas Turbine Generator and Steam Turbine CO2 Generator Absorber Heat Recovery Natural Gas- Steam Fired Combined Generator Cycle Power Plant (CC Unit) Post-Combustion CO2 Capture Plant (PCC Unit) CO2 Amine Compre
Slide 16: CC-CCS Project Development
CC-CCS Project Development ● KALiNA’s business model as project developer: o Earn a cash development fee of ~4% o Carried equity interest in projects above the investor’s minimum threshold return o Minority, transferable co-investment rights ● Portfolio has attracted indications of market interest f
Slide 17: Conclusion
Conclusion • KALiNA has taken steps to respond to legislative & regulatory changes • Leveraging the talents of its exceptional team to achieve near-term commercial success on a massive scale • Capital light business model as a project developer with huge upside • Attracting major commercial and stra