Janus Electric Holdings Limited · ASX:JNS
Janus Electric — Geodynamics — Shareholder Meeting (November 2016)
21 slides from Janus Electric's shareholder meeting presentation, Nov 25, 2016
Slide 1: 2016 Annual General Meeting Shareholder Presentation
2016 Annual General Meeting Shareholder Presentation 25 November 2016 We Generate Change 1
Slide 2: Disclaimer
Disclaimer The material in this presentation has been prepared by Geodynamics Limited (ABN 55 095 006 090) and is general background information about Geodynamics’ activities current as at the date of this presentation. This information is given in summary form and does not purport to be complete. I
Slide 3: Our Vision and Mission
Our Vision is to Generate change Our Mission is to Deliver innovative clean energy products and services to our customers, creating sustainable value for our shareholders 6
Slide 4: Key Activities FY2016
Key Activities FY2016 Geodynamics has successfully transitioned to a clean energy products and services company and de-risked its balance sheet. • Remediation of the Cooper Basin Geothermal project • Exited Pacific Islands Geothermal interests • Acquired Quantum Power • Secured Power Purchase Agreem
Slide 5: Financial Results FY2016
Financial Results FY2016 A large proportion of the cash outlay for the financial year was attributable to the remediation activities in the Cooper Basin. • Closing cash balance of $14.41 million for the year ending 30 June 2016. Major expenditure: ‒ Remediation activities in the Cooper Basin; and ‒
Slide 6: Financial Position
Financial Position The Company remains sufficiently well funded to take advantage of growth opportunities, and complete the Goulburn Bioenergy Project. Strong position for growth: • R&D tax claim with respect to the FY2016 Cooper Basin expenditure in excess of $3 million expected to be received by 3
Slide 7: Cooper Basin Remediation
Cooper Basin Remediation The plug and abandonment of the Cooper Basin geothermal wells and the environmental remediation of sites is materially complete. • Plug and abandonment of wells and related surface remediation of the following wells has been completed: ‒ Habanero 1 & 2 ‒ Celsius 1 & 2 ‒ Jolo
Slide 8: Quantum Power Acquisition
Quantum Power Acquisition Quantum Power provides entry into renewable energy generation in the agribusiness sector. • Acquisition was completed in September 2015 • Goulburn Bioenergy Project Power Purchase Agreement (PPA) acquired in November 2015 and announced ARENA funding in November 2016 • Comme
Slide 9: Quantum Power Acquisition
Quantum Power Acquisition The acquisition has not been without challenges. But has now turned the corner. • Capital cost estimates for Goulburn and Mindarra Bioenergy Projects were higher than originally anticipated resulting in the need for grant funding for these projects ‒ In August 2016 announce
Slide 10: Goulburn Bioenergy Project
Goulburn Bioenergy Project The Goulburn Bioenergy Project, located at the Southern Meats abattoir, is an innovative, behind-the- meter renewable energy project supporting sustainable industrial processes. Site Specifications Project Components • Sheep and lamb abattoir • Covered Anaerobic Lagoon ~90
Slide 11: Goulburn Bioenergy Project
Goulburn Bioenergy Project Project Details • 20 year Power Purchase Agreement with Southern Meats Abattoir • Project cost of $5.75 million • Innovative ARENA funding structure (subject to finalisation of Funding Agreement) ‒ $2.1 million grant ‒ ARENA share in upside of the project, via profit shari
Slide 12: Electricity Demand
Goulburn Bioenergy Project The abattoir’s electricity demand is higher than biogas production. Through dual fuelling with biogas and natural gas the entire peak load can be supplied. Natural gas Electricity Demand Load Biogas gas Weekend 1 2 3 4 5 Days of operation 15 15
Slide 13: AJ Bush Bioenergy Project
AJ Bush Bioenergy Project The AJ Bush rendering facility is the first BOOM project developed by Quantum and is currently undergoing a generation upgrade. • Existing PPA in place with the facility until 2021 • Generator upgrade underway to replace existing generator and improve gas conditioning • Upg
Slide 14: Agribusiness Growth Market
Agribusiness Growth Market Australian agricultural production for domestic and export is a strong growing industry. • Agricultural production including export is a strongly growing industry in Australia > $50 billion industry • Increasing commercialisation and corporatisation is seeing the size and
Slide 15: Renewable Energy Market Drivers
Renewable Energy Market Drivers Momentum of growth in the renewable energy sector is strong. • Increasing community awareness and demand for low carbon emissions energy • Cost of renewable energy technology such as solar PV and battery storage continuing to fall • Increasing acceptance and appetite
Slide 16: FY 2017 Strategic Objectives
FY 2017 Strategic Objectives For the year ahead we have set ourselves strategic objectives which are focussed on delivering shareholder value. Strengthen the Company’s position as a diversified clean energy company • Re-brand the Company to ReNu Energy and, subject to shareholder approval, rename Ge
Slide 17: Business Progression
Business Progression Agribusiness sector bioenergy projects 20 20
Slide 18: Business Progression
Business Progression Agribusiness sector bioenergy projects Plus solar & battery 21 21
Slide 19: Business Progression
Business Progression Agribusiness sector bioenergy projects Plus solar & battery – Expansion into C&I 22 22
Slide 20: Fully Integrated Renewable Energy Company
Fully Integrated Renewable Energy Company Agribusiness sector bioenergy projects Plus solar & battery – expansion into C&I Plus utility scale solar & retail supply 23 23
Slide 21: Thank you Questions
_ ‘Thank you a Questions