Solaer Renewable Energies Ltd. · TASE:SOLR
Solaer Renewable Energies — Q2 2024 Earnings Presentation
16 slides from Solaer Renewable Energies's earnings presentation, 2024
Slide 1: Investor Presentation Q2 2024
Investor Presentation Q2 2024
Slide 2: Legal Disclaimer
This presentation was prepared by Solaer Renewable Energies Ltd. (the "Company" or "Solaer") as a general presentation about the Company and the corporations held by it (the "Group"). This presentation does not constitute an offer to purchase or sell securities of the Company or an invitation to rec
Slide 3: Solaer Renewable Energies - Snapshot
SOLAER RENEWABLE ENERGIES - SNAPSHOT 121 (1)203 MW CONNECTED (1)1,757 MW MW 1,363 MW 329 MW PRECONSTRUCTION AND 1,140 1,990 CONSTRUCTION MW MWh (1)584 MW ADVANCED DEVELOPMENT 1,195 1,860 MW MWh • PHOTOVOLTAIC PROJECTS DIVERSE EARLY 1,780 566 GROWTH • DESALINATION PLANTS DEVELOPMENT MW MWh ENGINES •
Slide 4: Main events for H1 2024
Purchase of shares of the Sale of electricity for a period of 13 years Designating most of the ENAPAC project from the Qanqiña and Cachiyuyo projects Completion of the transaction by proceeds for the purpose of the end of the year, subject to the providing guarantees, which Agreement with an America
Slide 5: Construction in H1
Poland Chile Spain Construction in H1 5
Slide 6: The company's global operations map
Power Storage Spain Power (MW) (MWh) Europe Poland (MW) Connected 50 - Under 3 construction Preconstruction Poland 650 (2)800 Advanced and Construction 200 development(1) Advanced 430 (2)860 Italy Development Spain Power Italy Early Development 233 (2)466 (MW) Preconstruction and Construction 140 (3
Slide 7: Strengthening cash flows during construction
• The company serves as a contractor and construction manager for all projects • The company's global team is responsible for planning, procurement, construction and operation of the facilities • Strengthening the company's cash flow through contractor margin and management fees from the constructio
Slide 8: Status Report: Company Operations in Chile
STATUS REPORT COMPANY OPERATIONS IN CHILE
Slide 9: Status of Activities in Chile
MOU for the Sale of Electricity for 13 Years, Customer: One of the largest electricity producers in Chile and the world in general Reflecting Revenues of Approximately $350 Energy purchase rate: 100% of electricity produced (day and night) Million Projects: QANQINIA and CACHIYUYO Secured the supply
Slide 10: ENAPAC Project
• Acquisition of shares of project companies completed • All permits are expected to be completed by the end of the year • Contracting with a global investment bank to raise capital and debt as well as a main construction contractor ENAPAC • • Includes a solar installation of 150 MWp and about 400 M
Slide 11: ENAPAC PV – Nearing Construction
ENAPAC PV – Nearing Construction The company expects to begin construction of the photovoltaic segment as early as H2 2025 Project Data 400 MWh 150 MW * Economic Performance Outlook REVENUE NIS 120 million EBITDA NIS 105 million FFO NIS 66 million 11 השקף מכיל מידע צופה פני עתיד *First year of act
Slide 12: Forecast of economic performance from projects in the existing backlog
Forecast of economic performance from projects in the existing backlog NIS MILLIONS At 100% Holding (Company share) (1) Revenue EBITDA FFO 1,600 1,600 1,600 1,306 1,400 (660) 1,400 1,400 1,091 1,200 1,200 (519) 1,200 865 1,000 1,000 1,000 (438) 725 662 800 800 (334) 800 (317) 600 600 453 600 (211) 4
Slide 13: Connected projects, under construction and in preparation
Connected projects, under construction and in preparation Balance of Expected equity to contractor Expected Expected invest profit Storage leverage constructio Equity (Company (Company Annual Annual Annual Probable Supplier capacity Solaer’s level n costs invested share) share) revenue EBITDA FFO Sta
Slide 14: Advanced Development and Initiation Projects
Advanced Development and Initiation Projects RemainingE Expected quity to Expected Project Leverag constructio Equity Investment EPC profit Annual Annual Annual Storage e level Expected Power capacity Solaer’s Expecte n costs invested (Company share) revenue3 EBITDA3 FFO Status Country Connection (MW
Slide 15: Financial information summary
Overview consolidated statements of total profit or loss Overview of consolidated statements of financial position H1 Q2 Year Thousands of NIS June 30, 2024 June 30, 2024 Thousands of NIS דוח מצב פיננסי 2024 2023 2024 2023 2023 Cash and cash equivalents 200,805 71,385 Revenue 32,148 24,089 22,512 14
Slide 16: Thank you for reading
Lauda SOLAER RENEWABLE ENERGIES & } Al MAN ANS \ MSEC Thank you for reading SOLAER 16 RENEWABLE ENERGIES
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