Carnegie Clean Energy Ltd · ASX:CCE
Carnegie Clean Energy — Investor Presentation (August 2019)
14 slides from Carnegie Clean Energy's investor presentation, Aug 7, 2019
Slide 1: Recapitalisation Presentation
For personal use only Recapitalisation Presentation August 2019
Slide 2: Investor Presentation - Disclaimer
Investor Presentation - Disclaimer For personal use only NOT AN OFFER OF SECURITIES representations or warranties or in relation to the accuracy or completeness of the disclaim any obligations or undertaking to release any updates or revisions to the information information, statements, opinions, fo
Slide 3: The new Carnegie
The new Carnegie For personal use only Simplified balance sheet post administration, with vastly reduced costs and overheads Retained valuable assets • Leading position in wave energy - more than a decade of trialling and developing CETO • Garden Island Microgrid - 2MW solar-battery, desalination sy
Slide 4: What's changed?
What’s changed? For personal use only Recapitalised Carnegie Old Carnegie EMC solar engineering business removed – retained value in CETO IP, Garden Island Microgrid Cash draining EMC solar engineering business Building on +10 years expertise in CETO to tap into the vast, undeveloped wave energy res
Slide 5: Led by a highly experienced team
Led by a highly experienced team For personal use only Chairman – Terry Stinson Over 35 years of executive leadership experience with innovation companies globally. Formerly the Chief Executive Officer and Managing Director of Orbital Corporation Ltd. Non-Executive Director and Company Secretary – G
Slide 6: Demonstrated pathway – offshore wind
Demonstrated pathway – offshore wind For personal use only Capacity of Offshore Wind projects online, under construction and in planning as at 2017. Offshore wind – wave energy’s best analogy Source: Navigant Research, 2018 22 GW First mover wins… Installed 1991 – Bonus Energy provides ~5 MW of turb
Slide 7: Wave energy – why is it attractive?
Wave energy – why is it attractive? For personal use only Enormous untapped global resource, particularly in Europe Australia Wave energy available at Australia’s shoreline is 5x the countries’ consumption Wave power has 1/3 the variability of wind power. Can be forecast three-times further ahead th
Slide 8: Carnegie's current technology
For personal use only Carnegie’s current technology 8
Slide 9: A new approach – digital development
A new approach – digital development For personal use only Historical Approach Supercomputer in Perth Carnegie’s previous development pathway utilised a heavy engineering, iterative process of designing, developing, building, deploying and operating large prototypes – a highly capital intensive and
Slide 10: Innovations in development
Innovations in development For personal use only Wave Tank Test New innovations aiming to deliver a step-change in economics Machine Learning / Artificial Intelligence Increases energy capture through intelligent control by neural networks Minimises costly extreme motions and avoids damaging high se
Slide 11: CETO 2-year Digital Development Pathway Plan
Wave Predictor Electric PTO Intelligent Controller Development of the Machine Design progress and identification of Development of the Machine Learning Learning Wave Predictor preferred generator technology Hydrodynamic solver and Controller A Now: B By end For personal use only Mid Q1 e Q1 ’20 2019
Slide 12: Funding to deliver on plan
Funding to deliver on plan For personal use only The Entitlement Offer gives funding to execute the plan Subscription Level Use of Funds (does not include revenue#) MIN (50%) 75% MAX (100%) CETO Wave Energy Technology Development 2,203,404 2,840,404 3,250,404 Garden Island Microgrid 456,220 456,220
Slide 13: Restructured position at re-listing
Restructured position at re-listing For personal use only Simplified Balance sheet Convertible Notes (mature March 2021) up to $2.825 million Cash at bank $3.85 million after costs (minimum raise) Existing shareholders to retain majority of the Company 100% ownership of revenue generating Garden Isl
Slide 14: Ability to deliver on this plan
Ability to deliver on this plan For personal use only Recognised +10 year leader in wave energy technology Early mover in one of the world’s largest untapped sources of clean energy Established industry and government alliances Streamlined business, strong passionate team committed to success Clear,
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