Slide 1: Definitive Feasibility Study - Waroona Renewable Energy Project Stage One
For personal use only Definitive Feasibility Study Waroona Renewable Energy Project – Stage One ASX: FHE | OTCQB: FRHYF | December 2024
Slide 2: Disclaimer
Disclaimer FORWARD LOOKING STATEMENT Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from those expressed or implied by such forward-looking information, For personal use only including risks
Slide 3: Waroona Renewable Energy Project - Definitive Feasibility Study
Definitive Feasibility Study WAROONA RENEWABLE ENERGY PROJECT For personal use only Stage One development 120MW / 80MW 4.75hr (380MWh) Lower capex and strong returns Development ready Multiple funding options available for development Fundamentals for grid connected electricity Shares on issue
Slide 4: Renewable electricity – one of the strongest commodity thematics
Renewable electricity – one of the strongest commodity thematics Energy prices continue to reach record highs throughout Australia due to Monthly WA Wholesale Electricity Price1 challenges with the energy transition • Across Australia, grids continue to see on-going pressure resulting in record For
Slide 5: DFS reconfirms long-life, highly profitable Project
DFS reconfirms long-life, highly profitable Project Waroona Renewable Energy Project – located in the heart of industrial WA Waroona Renewable Energy Project – Development Ready • Stage One – 120 MW solar / 80 MW 4.75hr (380Mwh) battery For personal use only • Major potential for future expansion •
Slide 6: DFS outlines long-term sustainable profitability with upside
DFS outlines long-term sustainable profitability with upside For personal use only Strong returns on all Lower capital cost Conservative revenue key metrics despite a larger battery assumptions provide upside DFS – Key inputs Units Dec 24 Life of operation Years 30 Energy Production (yr 1) GWh 258 B
Slide 7: Progressing multiple financing streams in parallel
Progressing multiple financing streams in parallel DEBT EQUITY For personal use only Traditional Equipment Private Credit / Strategic Public Equity Banks Finance Bonds Investor/s Market Requires firm revenue PPA and/or Govt programs Advancing multiple funding solutions to ensure optimal shareholder
Slide 8: Near-term renewable energy production to meet increasing energy demand
Near-term renewable energy production to meet increasing energy demand Management Retail 12% 25% For personal use only Institution 15% HNW 48% CAPITAL STRUCTURE 513m Shares on issue Stage One - ready ~$14.5 Market fundamentals for Nov 24 for development electricity stronger than ever Cash $70m Multi
Slide 9: For more information contact
For personal use only For more information contact Adam Kiley CEO +61 8 6117 0479 akiley@frontierhe.com ASX:FHE frontierhe.com ASX: FHE | OTCQB: FRHYF | frontierhe.com