Jsw Energy Limited · NSE:JSWENERGY
Jsw Energy — Merger or Acquisition (August 2022)
14 slides from Jsw Energy's merger presentation, Aug 10, 2022
Slide 1: Exchange filing cover letter for conference call presentation
Energy Limited Regd. Office : JSW Centre Bandra Kurla Complex Bandra (East), Mumbai - 400 051 CIN: L74999MH1994PLC077041 Phone: 022 – 4286 1000 Fax: 022 – 4286 3000 Website: www.jsw.in SEC / JSWEL 10th August, 2022 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers “Excha
Slide 2: Acquisition of Mytrah Energy: Accelerating towards 10 GW Portfolio dominated by Renewable Energy
Acquisition of Mytrah Energy: Accelerating towards 10 GW Portfolio dominated by Renewable Energy August 10, 2022
Slide 3: Forward Looking and Cautionary Statement
Forward Looking and Cautionary Statement This presentation has been prepared by JSW Energy Limited (the “Company”) based upon information available in the public domain solely for information purposes without regard to any specific objectives, financial situations or informational needs of any parti
Slide 4: JSW Neo Energy has executed a binding agreement with Mytrah Energy to acquire 1,753 MW
JSW Neo Energy has executed a binding agreement with Mytrah Energy to acquire 1,753 MW of renewable energy portfolio
Slide 5: JSW Energy – Company Overview At a Glance
JSW Energy –Company Overview At a Glance The company is well placed to achieve its capacity growth target of 10 GW much ahead of the stated timeline of FY25 and being future-ready with increased share of renewables. 9.1 GW 4.8 GW 1.8 GW 2.5 GW Diversified Asset Portfolio Installed Capacity Acquisiti
Slide 6: Acquisition of 100% of Mytrah Energy RE Assets
Acquisition of 100% of Mytrah Energy RE Assets o JSW Neo Energy* has executed a binding agreement o Expect mid-teen Equity IRR– with focused interventions with Mytrah Energy India Private Limited (MEIPL) for o JSW to drive capital and operational efficiencies. Major acquisition of it’s 18 SPVs housi
Slide 7: Acquisition Rationale (1/3)
Acquisition Rationale (1/3) Bolt-On Offers a fillip to JSW Energy’s renewable-led growth objectives and with platform Capacity capacity enhanced to 9.1 GW, supports achievement of the near-term target of 10 Growth GW much ahead of the envisaged timeline of FY25. Accelerated A greener portfolio with
Slide 8: Acquisition Rationale (2/3): Achieving 10GW capacity target before 2025
Acquisition Rationale (2/3) Achieving 10GW capacity target before 2025 : ahead of timelines 20.0 Operational: Thermal – 3,158 MW Wind – 1,331 MW Hydro - 1391 MW 10.0 1.8 9.1 0.3 Solar - 657 MW 2.2 4.6 4.8 Under-Construction: Wind – 1,993 MW Hydro - 240 MW Acquisition FY25e FY30e FY20 construction My
Slide 9: Acquisition Rationale (3/3)
Acquisition Rationale (3/3) Pre-Acquisition Post-Acquisition Faster capacity growth, reducing Execution Risk: attractive 65% 57% on Build vs Buy By Green and Thermal Grey Portfolio Renewable 43% 35% ` 22%, 1.6GW 18%, 1.6GW Operational Hydro 44% 7%, 0.7GW By Stage of 31% Under- 3%, 0.2GW 65% construc
Slide 10: Mytrah RE Portfolio Overview
Mytrah RE Portfolio Overview Geographical Spread of Mytrah Portfolio Mytrah Portfolio Overview Acquisition of Renewable Portfolio of Mytrah Energy Map for illustrative purposes, showing project locations 9
Slide 11: Asset Optimisation Plan and JSW Energy Advantage
Asset Optimisation Plan and JSW Energy Advantage Significant EBITDA Significant improvement in EBITDA with active intervention and asset optimization plan over the improvement next 12-24 months through capex intervention Portfolio is operating below P90 performance due to various controllable operat
Slide 12: Transaction Consideration – Attractive Valuation
Transaction Consideration – Attractive Valuation Particulars Amount in ₹ Cr Enterprise Value excluding Net Working Capital 11,934 (EV) (A) * Net Working Capital ** (B) 1,403 Enterprise Value including Net Working Capital 10,531 (A-B) Normalized EBITDA # ~1,650 Normalized EV / EBITDA* ~6.4x * Net of
Slide 13: Investor Relations Contact
Investor Relations Contact: ir.jswenergy@jsw.in ESG Data Profile: Link 12
Slide 14: JSW Neo Energy – Green Energy Vehicle of JSW Energy
JSW Neo Energy – Green Energy Vehicle of JSW Energy Hydro Entities JSW Energy Limited Solar/Wind Entities JSW Neo Energy * 3,859 MW ( 2,233 MW under construction) JSW Hydro Energy JSW Renewable Energy Mytrah Energy (India) JSW Renew Energy JSW Renew Energy Two JSW Renewable Energy Limited (1,391 MW)