Green Impact Partners Inc · TSXV:GIP
Green Impact Partners — Investor Presentation (September 2024)
25 slides from Green Impact Partners's investor presentation, September 2024
Slide 1: Investor Presentation
Investor Presentation TSX.V:GIP September 2024 investors@greenipi.com
Slide 2: Disclaimers
Disclaimers CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION AND IMPORTANT – YOU MUST READ THE FOLLOWING BEFORE CONTINUING FORWARD-LOOKING STATEMENTS The information contained in this presentation has been prepared by Green Impact Certain statements in this presentation constitute forward-looki
Slide 3: Disclaimers
Disclaimers THIRD PARTY INFORMATION Events or circumstances could cause the actual results, performance or achievements of the Company or This presentation includes market and industry data which was obtained from various publicly available industry results to differ materially from any future resul
Slide 4: Overview of Green Impact Partners
Overview of Green Impact Partners Publicly listed company on the TSX Venture Exchange (TSXV: GIP) ▪ Forging a path towards a sustainable future by turning waste into renewable energy Our Mission ▪ With a focus on renewable natural gas (“RNG”) and bio-energy projects, our mission is to acquire, devel
Slide 5: Investment Highlights
Investment Highlights Experienced Management Team Massive Global Total Addressable Market Proven and aligned leadership to provide Accelerating need for RNG and clean energy with broad experience and diverse insights political and economic tailwinds Strategically Positioned De-Risked Platform Identi
Slide 6: Company Highlights
Company Highlights GIP has a portfolio of assets in varying stages of development, construction, and operation ▪ Water and Solids Treatment and Recycling Facilities – comprised of operational and cash flowing assets in Canada British Alberta Saskatchewan Columbia and the US that provide services to
Slide 7: GIP Consists of Two Distinct Business Units
GIP Consists of Two Distinct Business Units Renewable Natural Gas and Bio-Fuels Water & Industrial Management Multiple identified projects with significant near-term growth potential De-risked, stable, ESG-friendly business that generates EBITDA today ▪ Multi-year projects identified with opportunit
Slide 8: Infrastructure-Type Business Model
Infrastructure-Type Business Model While existing U.S. RNG assets utilize this model, GIP’s bio-fuels projects utilize an infrastructure-type model with fixed- price, fixed-volume contracts that reduce merchant risk and LCFS exposure Conventional RNG Business Model Carbon Market Credits Gas Generate
Slide 9: Project Investment Criteria
Project Investment Criteria GIP uses four primary metrics for evaluating growth projects and acquisition opportunities Significant and Sustainable Ability to Leverage In-House Environmental Impact Expertise to Manage and Operate Projects ▪ Focused on low carbon intensity projects to facilitate growi
Slide 10: Differentiated Strategy
Differentiated Strategy Differentiated execution strategy supported by de-risked capital costs, reliable technology and high-quality contracting ▪ Lump sum EPC contracts secured by bonds, letters of credit and guarantees, with reputable and experienced counterparties to mitigate Fixed Capital capita
Slide 11: GreenGas Colorado – Overview
GreenGas Colorado – Overview Two dairy RNG facilities expected to produce over 360,000 MMBtu annually Project Profile ▪ Total CapEx of ~$103.8MM (1) ▪ Targeted annual project EBITDA (1) of ~$20MM ▪ At COD, GIP sold a 50% interest in the facilities to Amber Infrastructure (“Amber”). GIP's total net c
Slide 12: Future Energy Park – Overview
Future Energy Park – Overview One of North America’s Largest Waste to Energy RNG Projects Investment Overview Expected Production Profile ▪ A large-scale bio-fuels facility to be built in Calgary, Alberta(1) RNG Sales (Annual) 4,000,000 GJ Ethanol 300MM+ liters − GIP has a 50% interest (subject to f
Slide 13: Future Energy Park – Overview, cont.
Future Energy Park – Overview, cont. The $1.2 Billion+ facility is expected to be one of largest waste to energy projects in North America (1) Project Profile ▪ Total expected capital costs to be higher than the initial estimate of $1.2 billion – updated cost estimates to be provided concurrent with
Slide 14: Future Energy Park
Future Energy Park Direct benefits to the City of Calgary and Province of Alberta including: ▪ Approximately 800 jobs over 24 months during construction and 50 jobs during operations ▪ Direct revenue of over $150 million annually to rural wheat producers(1) ▪ Provincial and municipal tax revenues ▪
Slide 15: Iowa RNG – Overview
Iowa RNG – Overview Three RNG facilities expected to produce 273,000+ MMBtu / year in aggregate Project Profile ▪ Total expected CapEx of ~$105MM ▪ Finalized design and strategy for construction to develop the optimal approach given the cost environment ▪ Subject to a final investment decision, Iowa
Slide 16: Momentum and Near-Term Catalysts
Momentum and Near-Term Catalysts 2023 H1 2024 Targets H2 2024 Targets ✓ 50% sale to Amber Infrastructure ✓ Achieved commercial production for ✓ Receiving temporary CI score from GreenGas Colorado ✓ Major components commissioned GreenGas Colorado California Air Resources Board (“CARB”) ✓ Commenced co
Slide 17: Capitalization & Research Coverage
Capitalization & Research Coverage (in 000s unless indicated otherwise) Current Institution Research Analyst Share price as of September 3, 2024 $3.35 Basic Shares Outstanding 21,432 Nelson Ng Balance Sheet (as at June 30, 2024) Cash $13,592 Nicholas Boychuk Long Term Debt $28,664 Current Debt $372
Slide 18: Executive Leadership Team & Board of Directors
Executive Leadership Team & Board of Directors Best-in-class management team with experience managing and executing over $30 billion of development projects Jesse Douglas ▪ 20+ successful acquisitions, ▪ Co-founded Grafton Asset Management and Geeta Sankappanavar integrations and divestitures over r
Slide 19: Appendix
Appendix TSX.V: GIP 19
Slide 20: Precedent Market Transactions
Precedent Market Transactions Three notable major transactions set the foundation for subsequent RNG opportunities ▪ 50 RNG and landfill gas facilities, producing ~35,000 MMBtu / day (12,500,000 MMBtu / year) ▪ Development pipeline of 80 projects US$4.1Bn ▪ 2022 EBITDA of $140MM, target of $1Bn by 2
Slide 21: Development, Commissioning & Leadership Team
Development, Commissioning & Leadership Team Fred Scott – Vice President, Engineering ▪ 35 years of energy industry experience ▪ 15 years of biomass energy experience, wood pelletization and RNG experience ▪ Expert of BC and Pacific Northwest energy markets, pipeline systems, power transmission and
Slide 22: Development, Commissioning & Leadership Team
Development, Commissioning & Leadership Team John Paul Smith – Vice President, Commercial ▪ Former corporate commercial counsel ▪ Prior experience as CEO of a Calgary-based construction firm Rhonda Stanley – Vice President, Clean Energy Marketing ▪ 25 years' experience with a passion for clean energ
Slide 23: RNG is an Impactful and Clean Source of Energy
RNG is an Impactful and Clean Source of Energy Examples of RNG Feedstock ▪ RNG is processed methane produced from renewable, natural Poultry Waste Wheat / Spent Grain sources such as manure, food waste and gasified biomass Dairy Manure ▪ RNG is interchangeable with conventional natural gas, but with
Slide 24: Carbon Intensity Primer (CI)
Carbon Intensity Primer (CI) ▪ Carbon intensity is defined as carbon dioxide Example Ranges of Carbon Intensity by Source (Full Lifecycle)1 (CO2) emissions per unit of energy by the US Energy Information Administration1 ▪ The carbon intensity score measures GHG emissions associated with the full lif
Slide 25: Robust Growth and Broad Market Adoption of RNG
Robust Growth and Broad Market Adoption of RNG Factors driving RNG demand Tremendous Growth Opportunity • Potential greenhouse gas emission reductions, especially when compared to other fossil fuels and conventional natural gas • It can be consumed, one-for-one, like conventional natural <0.1% of th
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