Tigi Ltd · TASE:TIGI
Tigi — Investor Presentation (May 2025)
25 slides from Tigi's investor presentation, May 2025
Slide 1: Renewable heat solutions powering the next industrial age
Renewable heat solutions powering the next industrial age w w w . t i g i s o l a r. c o m
Slide 2: Disclaimer
Disclaimer This presentation of TIGI Ltd. (hereinafter: “the Company”) was prepared based on information included in the immediate and periodic reports submitted by the Company to the Israel Securities Authority and the Tel Aviv Stock Exchange Ltd. (hereinafter: “the Stock Exchange”) in accordance w
Slide 3: About TIGI
About TIGI TIGI is developing and providing comprehensive thermal energy generation and storage solutions, decarbonizing large-scale heat, while enabling customers to lower operational costs from day one. The company completed two strategic moves, ensuring capacity for global project development, ex
Slide 4: The heat market
. The heat market 50% of global energy is used to generate heat, primarily for buildings and industry 75% of industrial energy is heat, used for manufacturing processes 90% of heat is generated by burning expensive and polluting fossil fuels 4
Slide 5: Examples of large-scale heat use
Examples of large-scale heat use 60 – 220 °C 60 – 120 °C 80 – 120 °C Food and beverage, pharma, textiles – Chemical plants, mechanics, mining – District heating – large scale central washing, pasteurization, sterilization, distillation, reactions, washing, drying, space heating, showers, delivered u
Slide 6: TIGI delivers a 360° advanced renewables-based heat generation and storage solution
TIGI delivers a 360° advanced renewables-based heat generation and storage solution Management & Control in a cloud Heat user, factory environment High efficiency thermal collector array for high High-temperature temperature differentials industrial heat pump systems Layered and efficient thermal st
Slide 7: Example: Ball Corp. Project
Example: Ball Corp. Project Client: A global aluminum products company, (NYSE:BALL). Ball has ~70 factories worldwide. Project: Replacing gas with renewables for washing, in CA, USA. 50% Of natural gas replaced by renewable heat ~ 4,000 m² Collector array, and thermal storage $5M Expected revenues f
Slide 8: TIGI's Heat-as-a-Service model
TIGI’s Heat-as-a-Service model TIGI installs systems, sells thermal energy Benefits for client: • No CAPEX investment • Positive cashflow from day one • Operational savings - competitive pricing vs. fossil- based energy • Emissions reduction Benefits or TIGI: • EPC profit and recurring revenues from
Slide 9: The time for renewable heat is now
The time for renewable heat is now The opportunity has become an immediate necessity for large companies. Commitment to decarbonize heat using renewable energy and electrification. Drivers include: Regulation: Compulsory ESG emissions reporting and targets drive action. New regulation and subsidies
Slide 10: Strategic steps designed to capture the opportunity
Strategic steps designed to capture the opportunity April June 2024- April 2023 2024 2024 2025 2025 Taking over Strategic and Equity Won tender Significant for district HaaS Austrian financial investments SOLID to partner – from Richter, heating in industrial Poland, project in accelerate EREN, to E
Slide 11: Strategic acquisition - SOLID
Strategic acquisition - SOLID H1-2024 • Developer, designer and EPC in the field of renewable heat • HQ in Graz, Austria • 25 years experience • Global execution capacity • 200 projects in 25 countries • Staff of 25, market and heat project experts • Extensive global opportunities 11
Slide 12: Select projects by SOLID and TIGI
Select projects by SOLID and TIGI 12
Slide 13: Strategic partner - EREN
Strategic partner - EREN H2-2024 • Leading global player in developing and financing renewable energy and energy storage projects • 15 GW projects developed in 40 countries • Two renewable energy portfolio exits with EDF and TOTAL, worth over €1 billion • TIGI and EREN form partnership* to invest eq
Slide 14: Theoretical Heat-as-a-Service deal structure
Theoretical Heat-as-a-Service deal structure EPC profit plus partnership in recurring energy sales 55% 45% 100% of Equity financing, as loan 90% Haas 100% holding, 20-40% payments equity investment Financial Institution 60-80% SPV EPC, financing O&M HaaS Customer 14 For district heating projects wit
Slide 15: Redefining heat through innovation and partnership
. Redefining heat through innovation and partnership Technology & projects Global projects Strategic partnership to company in renewable development & execution. develop and finance heat. HQ in Israel, Global industrial and DH large-scale renewable traded on TASE pipeline of opportunities heat-as-a-
Slide 16: Focus, go-to market strategy for growth
Focus, go-to market strategy for growth Enabled by the strategic steps taken Target customers: • Industrial companies with multiple similar factories. Average target project size € 3-5M • District heating Business model: Focus on Heat-as-a-Service Geography: Pursuing pipeline of opportunities for pr
Slide 17: General and financial data
General and financial data Capital raise: raised NIS 23M during 2024-2025 in private placements from Richter, EREN, Ratio and others. In addition, SAFE transactions in 2025 for NIS 6.5M from shareholders, subject to shareholder meeting approval. Opportunities: the company is pursuing a pipeline of o
Slide 18: Financial data
Financial data Reaping early benefits from completed strategic moves Revenues and backlog (NIS 000) 12,000 10,170 Revenues from projects 10,000 7,930 Revenues from Heat as a Service 8,000 7,527 Backlog of signed orders including order 6,000 of € 1.8M for a system in Chile 4,175 Tender won for a sola
Slide 19: In Summary…
In Summary… A unique opportunity, unfolding now! • A huge decarbonization opportunity in the underserved renewable heat market • Technological advantage, comprehensive solution • Proven track record, experienced team with global execution capacity • Extensive pipeline of opportunities • A compelling
Slide 20: Technology and solution components
Technology and solution components w w w . t i g i s o l a r. c o m
Slide 21: The Honeycomb Collector By TIGI
The Honeycomb Collector By TIGI Innovative Solar Thermal collectors generate more heat from the sun, at higher target temperatures Unique transparent insulation minimizes losses to the sun-facing side High efficiency when heating to higher target temperatures or when cold Longevity and low maintenan
Slide 22: Industrial heat pumps
Industrial heat pumps Efficient heat electrification technology Heat pumps are highly efficient, producing 3-6 kWh of heat per kWh of electricity (COP) Newly introduced technology achieves higher temperatures, befitting industrial requirements. Requires customized system integration, thermal storage
Slide 23: Optimized Thermal storage
Optimized Thermal storage Allows decoupling the heat production time from the consumption time. For example: collectors operate during the day, the heat pump runs when electricity is cheap, and heat is supplied when needed. Separation of temperatures in storage leads to a higher temperature supply a
Slide 24: A cloud-based control and optimization system
A cloud-based control and optimization system Optimizing heat processes leading to major cost savings, emission reduction Controlled locally and remotely via PC and mobile devices SCADA architecture, data analysis, smart dashboards, reports & maintenance Usage patterns, weather conditions, varying e
Slide 25: THANK YOU
THANK YOU w w w . t i g i s o l a r. c o m