Energix-renewable Energies Ltd. · TASE:ENRG
Energix-renewable Energies — Energix – Renewable Energies — Q2 2026 Earnings Presentation
32 slides from Energix-renewable Energies's earnings presentation, August 2026
Slide 1: Capital Markets Presentation
Capital Markets Presentation August 2026
Slide 2: General notes regarding the presentation
General notes regarding the presentation • This presentation has been prepared by Energix – Renewable Energies Ltd . (the “Company ”). This • The Company does not undertake to update and/or revise any such target and/or assessment in order to presentation does not constitute an offer to purchase or
Slide 3: Strong Momentum and Accelerated Execution
Strong Momentum and Accelerated Execution From Strategic Plan Execution on the Ground 2.4GW+1.8GWh 0.9GW+286MWh Additional 0.5GWp Projects Projects acquired during Will be connected to PJM Under Construction Q2 2026. 0.5GW ready for by the end of 2026 (1) immediate construction Building a strong, 8G
Slide 4: Delivering key milestones toward the strategic plan
Delivering key milestones toward the strategic plan (1) USA European Hub Israel Scaling PJM platform Expanding from Poland into Lithuania and Focus on high- value while expanding into additional European strategic assets MISO markets Innovation Developing Center Powered Land With Tel Aviv For Data C
Slide 5: Delivering Consistent Growth
Delivering Consistent Growth Connected Capacity cted e Exp 9GW+7GWh 4GW+2GWh Revenues** 1.7GW+0.5GWh Revenues** of ILS 7.5B Revenues* of ILS 3.5B of ILS 1.17B 2025 Target 2027 Target 2030 *Footnotes 3 **Footnotes 1,2,3,4 Not including Data Center s and Western Negev Project in Israel 5
Slide 6: Company Project Portfolio
Company Project Portfolio August 2026 Operational 1.7GW + 0.5GWh Mature Under / Pre - Construction 2.4GW + 1.8GWh Portfolio Advanced Development 1.2GW + 1.3GWh M&A)10( 1GW+ Mature M&A Solar, Wind and 4.5GW + 10GWh Storage Development Development Mature Portfolio Total (excluding M&A) Portfolio 5.3GW
Slide 7: Energix 2027
Energix 2027(1) Operational 1.7GW+ Under Achieving the target 0.5GWh Construction 2.4GWp + of 4GW+2GWh 1.8GWh by year - end 2027 0.5GWp to be connected to the PJM grid by year- end 2026 Expected 4.1GW+2.3GWh of connected projects in 2027 The Company continues advanced negotiations to acquire additio
Slide 8: Development of the Company's Operating Results
Development of the Company ’s Operating Results )6( The following are the Company ’s results and forecast with respect to its revenues from project portfolio (NIS millions) Revenues 1,800 USA Israel Poland TE Partner Income MW 2.3 GW +0.6 GWh 1.7GW 1,600 +0.5 GWh 1.3 GW 1.3 GW +0.2 GWh 1,280 - 1,370
Slide 9: Key Events – Q2 2026
Key Events – Q2 2026 Quarterly Results: U.S. Acquisition of solar projects with capacity of ~ 0.6GWp in the Revenue of 605MWp in Illinois (including 245MWp expected to connect in 2027) NIS ~277 million for USD ~132 million (including equipment) EBITDA of NIS ~199 million Financing agreement for proj
Slide 10: New U.S. Module Tariffs = A Structural Competitive Advantage for Energix
New U.S. Module Tariffs = A Structural Competitive Advantage for Energix 1 Presidential 2 Cost of U.S. 3 Energix ’s Structural Proclamation Issued Made Modules Advantage 15% tariffs and the Due to the significant increase Strategic agreements introduction of minimum in the prices of imported with Fi
Slide 11: U.S. project map
MI Potter NY IL Clermont More Than Pennsylvania MC Solar Powered Land 1GW South Branch (1,5) 20MWFalls IT Road MPG Northumberland Border Basin Short - Term Shamrock Opportunity PA NJ Nottingham Julius Dover Of Potential Energy OH Lafayette Iris Adams Capacity for Data Poseidon Potomac Centers in the
Slide 12: Poland
Poland Key Events Q2 2026 Connection of a Stand alone BESS Approved grid connection project with a capacity of agreements totaling ~2.5GW , 71MWh in Poland alongside additional capacity under review ~2GW BANIE 7 - Receipt of key permits for a Greenfield wind project developed by the Company with a c
Slide 13: Poland Data Center
Poland Szczecin Data Center (1,5) BANIE 300 MW IT POLAND 5.9km BESS Nowe Czarnowo III Nowe Czarnowo [main] substation GERMANY Energy Data Center • Two independent grid connection applications were submitted for electricity PV Lubanowo II&VI consumption of up to 300 MW, together with BESS Lubanowo II
Slide 14: Lithuania
Lithuania Key Events Q2 2026 Negotiations to finance Agreement signed to acquire a project in a project portfolio totaling Lithuania comprising of ~220 MW wind, 0.9GW+0.6GWh storage up to 60 MWp solar PV and up to 286MWh storage Expansion of local operations in Lithuania through the establishment of
Slide 15: Rising Demand and Decoupling from Russia Creating Opportunities
Rising Demand and Decoupling from Russia Creat ing Opportunities Policy Focus Average electricity Reducing energy dependence on Russia prices in Lithuania from Electricity Price the start of the year Forecast (1) Renewable Energy Target of 55% by 2030 ~98 EUR 120 Lithuania currently imports 50% of t
Slide 16: Expansion to Lithuania
Expansion to Lithuania The largest private player in Lithuania ~900 MW+647MWh Under Construction Projects are expected to generate annual revenue of 570- 630 NIS Million Construction Cost 3,440- 3,620 NIS Million Warsaw Unlevered project return of ~12% Grid connection for all projects is expected in
Slide 17: Lithuania Jonava
Lithuania Jonava Start of construction Expected grid connection: Q3/2027 17
Slide 18: Israel – The Clean Wind Energy Project Status Update
Israel The Clean Wind Energy Project | Status Update Suspension of Construction In accordance with accounting standards, an impairment was recognized during the quarter in the amount of ~NIS 185 million (pre- tax) The Company continues to engage with the Prime Minister ’s Office and all relevant par
Slide 19: Israel – The Western Negev Project
Israel Focus on high- value strategic assets Gaza Strip The Western Negev Project )1,5( Israel ’s Largest Renewable Energy Development Project 3,500 acres 11communities More than 1GWp + 4GWh *illustration 19
Slide 20: Financing and Capital Structure
Financing and Capital Structure )4( (NIS millions, as of June 30, 2026) Equity to debt ratio Gross Balance of Liquid resources 30% as of 30.6.2026 Equity 70% 90 597 Debt Project finance Additional facilities drawn after financing facilities the reporting date available upon achievement of project mi
Slide 21: Summary
Summary Project acquisitions Construction momentum: Focus on execution with a capacity of 0.9GW+286MWh 2.4GW+1.8GWh Looking ahead to 2027 Establishing Accelerated growth Data Centers Strong infrastructure Growth engine , significant in L ithuania for the coming years , in storage progress on Banie p
Slide 22: Financial Data
RENEWABLES & ENERGIX .
Slide 23: Projects in the United States
Projects in the United States All figures in NIS millions (7) Projects in pre - construction/ Projects in Projects in Connected projects under construction advanced development 784MWp development Connected projects PV Project PV Project PV Project PV Project PV Project PV Project Red Maple portfolio
Slide 24: Projects in Poland
Projects in Poland All figures in NIS millions (8) Connected projects Projects in pre - construction/ Projects in advanced development Projects in development under construction 344MWp +127MWh Connected projects PV Wind Storage PV Wind Storage PV Wind Storage PV Wind Storage Capacity 43 301 127 176
Slide 25: Projects in Lithuania
Projects in Lithuania All figures in NIS millions (8) Projects in pre - construction/ under construction PV Wind Storage Capacity (MWh/MW) 460 440 647 Construction Cost 790- 830 2,320- 2,420 330- 370 NIS millions Income NIS millions 80- 90 390- 420 100- 120 Gross profit NIS millions 60- 70 320- 330
Slide 26: Projects in Israel
Projects in Israel All figures in NIS millions (9) Projects in pre - Connected projects construction/ Projects in development under construction 528MWp +411MWh PV +Storage Connected projects PV PV+ Storage PV+ Storage Storage and Wind Storage Capacity 111 MW+ 17MWp+ 417 400 430 1,760 (MWh/MW) 411MWh
Slide 27: Development of the Company's Operating Results (EBITDA)
Development of the Company’s Operating Results (6) The following are the Company’s results and forecast with respect to its EBITDA from project portfolio (NIS millions) EBITDA (M' ILS) USA Israel Poland TE Partner Income Project EBITDA % 1,800 100% 1,600 87% 85% 86% 86% 86% 82% 1,400 80% 1,100- 1,18
Slide 28: Appendix
RENEWABLES & ENERGIX ‘
Slide 29: Adjustment to Project Level EBITDA
Adjustment to Project Level EBITDA Analysis of project level EBITDA which is Q2/26 Q2/25 Growth used by the Company to calculate EBITDA 199,182 177,479 12% its operating results in accordance with its Guidance, as specified in slide 8 Lease Expenses (IFRS )7,375( (8,936) 16) Other income/expenses (i
Slide 30: Power purchase agreements
Power purchase agreements )1( As of the approval date of the report The Company signed power purchase agreements, hedge agreements and won tariff auctions to create optimization between leveraging the high price environment in the operating markets and reducing the exposure to price volatility in th
Slide 31: Notes
Notes 1. The information included in this slide contains Forward - Looking Information . 7. Forward - Looking Information based on the Company ’s estimates . Financial data are based on an exchange rate of NIS 3.08 per US dollar. Costs payable to third parties, including financing 2. The revenue and
Slide 32: A Breakthrough Global Green Utility
A Breakthrough Global Green Utility ( “GGU ”), Committed to Our Future on The Planet
Energix – Renewable Energies — Q2 2026 Earnings Presentation on 6ix