Cox Energy America Sab De Cv Class A · BMV:COXA
Cox Energy America Sab De Cv Class A — Investor Presentation (November 2020)
29 slides from Cox Energy America Sab De Cv Class A's investor presentation, November 2020
Slide 1: Corporate Presentation November 2020
Corporate Presenta,on November 2020
Slide 2: Index
02. Cox Energy América en un Vistazo e casi 6 años de historia Index 1. Mission and Values 2. Cox Energy América at a Glance 3. PV Solar Energy around the World 4. Business Model 5. Por?olio and Markets 6. Financial InformaCon and Other OperaConal Data 7. 2020-2024 Strategic Plan 8. EManagement team
Slide 3: Cox Energy América is building a company for the future
01. Mission and Values Título 2 Cox Energy América is building a company for the future Our mission is to create value by contribu9ng to a more sustainable environment Values Commitment Respect Quality About Cox Energy América Cox Energy América is a photovoltaic renewable solar energy genera9on com
Slide 4: Cox Energy América at a Glance
02. Cox Energy América at a Glance e casi 6 años de historia 2014 2015 2016 Grupo Cox Energy Solar, S.A. is Beginning of opera7ons in Central Award of 264 GWh annually in established in Spain. America and the Caribbean. Chile. Beginning of opera7ons in Mexico and Chile. 2018 2017 40% of Cox Energy S
Slide 5: Cox Energy América at a Glance
02. Cox Energy América at a Glance Título 2 +1,800 MWp +350 MM 0 USD +200 MWp Total capacity Million USD Cox Energy MW DesinverPdos aBributable to 3Q20 contracted in PPA(1) América Debt al 3T20 porFolio (energy sale) With a business model based on Working throughout the whole value chain genera+ng l
Slide 6: Why invest in Cox Energy América?
02. Cox Energy América at a Glance n Cox Energy América? Why invest in Cox Energy América? Debt-free and Strategic plan with a focus High quality and Target markets in countries with capitalized pla3orm throughout the value chain, diversified strategic high solar radiaJon and growth with a high quali
Slide 7: Technological Evolution of the Sector (1/2)
03. PV Solar Energy around the World Technological Evolu/on of the Sector (1/2) Installa9on Costs per MW of PV Solar Energy 2020 – 2050 Outlook (Million US$ ) 4.4 9,000 8,000 3.6 Historica Projec,ons 7,000 3.1 6,000 Cumula,ve Installed Capacity (GW) 87% 2.4 5,000 2.2 4,000 1.7 1.5 1.4 3,000 2,000 0.
Slide 8: Photovoltaic technology is the winning energy for the future
03. PV Solar Energy around the World Technological Evolu/on of the Sector (2/2) Photovoltaic technology is the winning (1) energy for the future Levelized Cost of Energy (LCOE ) As a result of processes and gains in solar panel efficiency 359 (1) Average Global Levelized Cost of Energy (LCOE ) Renewab
Slide 9: Main Business Lines
04. Business Model Business Lines Main Business Lines Photovoltaic solar power genera>on Asset rota>on (Develop & Own) (Develop & Sell) Small and medium-sized projects (up to 100 MW) Medium and large projects Diversifica>on of markets and risks Divestment of RTB(1) or COD(2) assets Strategy primarily
Slide 10: ESG Business Model
04. ESG Business Model Environmental, Social and Governance Environmental, Social and Governance (ESG) is integrated into our operaCng model Opportunity Project Development Financing Work Begins Energy ProducCon Con$nuous risk assessment of compliance, integrity, due diligence and monitoring Environ
Slide 11: Portfolio Summary (1/2)
05. Por$olio and Markets Por$olio Summary (1/2) Installed Capacity AFributable to the Project Por$olio +3,000 MWp Opportuni7es Iden7fied 45.4% Ini7al Development +820.6 MWp Ini7al Development 0.1% In Opera7on Por2olio 548.8 MWp Advanced Development distribu7on by status 438.0 MWp Backlog & In constru
Slide 12: Portfolio Summary (2/2)
05. Por$olio and Markets Por$olio Summary (2/2) Project phases according to their maturing status 12-24 Months 6-12 Months 40 Years Opportunity Ini>al Advanced Backlog and ready to build Under iden>fied development development (RTB) construc>on In opera>on Land control Go to market strategy Interconn
Slide 13: Selected Markets: Mexico
05. Por$olio and Markets Selected Markets Mexico Highlights Evolu8on of gross electricity genera8on in Mexico (TWh) 21 GW of addiConal electrical capacity expected to 396 410 be installed by 2028. 355 366 373 383 344 334 Largest LaCn American growth market for PV solar energy. 322 313 High energy pr
Slide 14: Selected Markets: Chile
05. Por$olio and Markets Selected Markets Chile Highlights EvoluBon of Electricity Demand in Chile (GWh) 20 GW of addi'onal NCRE electrical capacity expected to be installed by 2030. 200,000 La'n American market with be>er regulatory posiBoning for renewable energy. High energy prices, on strategic
Slide 15: Selected Markets: Colombia
05. Por$olio and Markets Selected Markets Colombia Highlights Demand for Electricity in Colombia (TWh) Colombia's new energy policy drove NCREs as its roadmap in 2019. +3% High energy demand: rapid growth of renewable Industry energy. +4% +5% Commercial Demanding state policies regarding matrix +4%
Slide 16: Selected Markets: Central America and the Caribbean
05. Por$olio and Markets Selected Markets Central America and the Caribbean 6% 26% Highlights Dominican Republic Beliche Electricity deficit, compared to the high energy 26% demand of SICA countries.(1) Costa Rica 20% Dollarized markets (Guatemala, Panama, Dominican Panama Republic). Financing availa
Slide 17: Summary of Results
06. Financial Informa-on and Other Opera-onal Data Resumen de Resultados Summary of Results (Unaudited figures in thousands of pesos) 3Q20 9M20 Sales 1,350 17,070 OperaPng Margin -12,144 -78,031 (1) EBITDA -11,284 -77,051 (1) EBITDA Margin -8.36% -4.51% Net Income (loss) for the period -16,008 -59,68
Slide 18: 2020-2024 Strategic Plan
07. 2020-2024 Strategic Plan Título 2 Divestment of non-strategic assets from the current por=olio Develop, build and operate small and medium-sized projects in and to new projects developed under the strategic plan OECD La*n American countries framework Consolidate presence in La*n America by openi
Slide 19: 2024 Objectives
07. 2020-2024 Strategic Plan Título 2 COX's main markets are Mexico, Chile, Colombia, Central America and the Caribbean, countries conducive to PV energy generaKon and the general development of NCRE 2024 ObjecKves Mexico Chile Colombia Central America and the Caribbean +600 MWp +300 MWp +200 MWp +2
Slide 20: Management team with extensive experience
08. Management team with extensive experience experiencia en el sector Board of Directors Enrique Riquelme CEO Ignacio Maluquer Ins<tu<onal Rela<ons Mar=n Sucre Antonio Medina Director of Legal Services and VP of the President’s Secretary not a member of the Office Board Javier García Ignacio Coscolla
Slide 21: Investor Relations Contact Details and Disclaimer
Developer and Independent Producer of Photovoltaic Solar Energy Mexico – Chile – Colombia – Central America and the Caribbean Investor Rela-ons Contact Details Tel: +52 55 7316 3174 Email: inversores@coxenergyamerica.com www.coxenergyamerica.com Disclaimer This document contains certain statements r
Slide 22: Appendix
Appendix €3. COX 22
Slide 23: Glossary
09. Appendix Glossary Asset Management: Con%nuous management of the financial, commercial and administra%ve tasks necessary to guarantee an op%mal performance of a photovoltaic solar power plant or a por;olio of plants. COD: Stands for Commercial Opera%ons Date. D&O: Stands for develop and operate. D
Slide 24: Glossary
09. Appendix Glosario PMGD: Stands for Pequeño Medio de Generación Distribuida (Small Means of Genera@on Distributed) and operates under Chile's special regime for distributed genera@on projects (the "PMGD" scheme). It is a means of genera@on where power surpluses are less than or equal to 9 MW whic
Slide 25: What has the impact of COVID-19 been?
01. Appendix What has the impact of COVID-19 been? Measures to prevent and PrioriDes minimize the risks of In general at Cox Energy, the COVID-19 spread health of our employees and the community is one of our Cox began planning and priori/es. implemen/ng preven/ve measures against COVID-19 in Our st
Slide 26: Cox Energy Solar Group
01. Appendix Cox Energy Solar Group +4,000 MWp +140 MWp +100 +100 +10 +1,500 MW 20 años Total por)olio Construc0on & Projects Employees and Country presence PPAs Debt opera0on collaborators Cox Enery América Europe N° of Projects +80 Projects Por)olio +1,500 MWp La0n America MWp Projects Mexico 1,02
Slide 27: Portfolio Summary (1/2)
01. Appendix Por$olio Summary (1/2) AJributable to Electricity Sales EsPmated Project MWp ClassificaPon % COX Partner COX (MWp) Strategy RTB MEXICO La Granja Solar (Zacatecas) 300.0 Advanced development 30 GPG 90.0 SPOT + Supply coverage RTB 2021 Iscali (Campeche) 300.0 Advanced development 100 300.0
Slide 28: Portfolio Summary (2/2)
01. Appendix Por$olio Summary (2/2) AFributable to Electricity Sales EsOmated Project MWp ClassificaOon % COX Partner COX (MWp) Strategy RTB CHILE El Sol de Vallenar 308.0 Backlog 100 308.0 PPA Disco 2017 RTB 2020 Valleland 74.0 Backlog 100 74.0 SPOT RTB 2020 La Meseta 175.0 Backlog 30 Sonnedix 52.2
Slide 29: Corporate Structure
01. Appendix Corporate Structure Corporate Structure Shareholders’ Mee8ng Audit CommiGee Board of Board of Directors Directors Corporate Prac8ces CommiGee Ins8tu8onal Rela8ons Chair and CEO Ignacio Maluquer Director of Legal Services Enrique Riquelme and Secretary not a member of the Board Chairman’
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