Slide 1: Briefing November 7, 2023
Briefing November 7, 2023 4:00 PM PHT Mi. 20) co Aboitiz 7222 GI2025 SF Together we are building the PH's first techglomerate
Slide 2: Third Quarter Results
Third Quarter Results A Future Fueled by Excellence and Sustainability November 7, 2023
Slide 3: Disclaimer
DISCLAIMER This presentation and the information contained herein (this "Presentation") are the sole and exclusive property of Aboitiz Power Corporation (“AboitizPower”) and shall only be used for the purpose intended herein and may not be used, published or redistributed without the prior written c
Slide 4: AP Video
AP VIDEO 4
Slide 5: Recognitions and partnerships
| Davao Light and Visayan Electric, in partnership with Aboitiz Data Innovation, receive recognition for AI CU initiative | AboitizPower receives the Golden Arrow Award for the second consecutive year | Aboitiz Renewables has partnered with Vivant and Vena Energy for various wind power projects in t
Slide 6: Beneficial EBITDA was up by 22% YoY
Quarterly Breakdown Beneficial EBITDA was up by 22% YoY 11% in Php mn 22% *-2 % vs 3Q2022 vs 9M2022 +20% 22% higher mainly due to higher contributions from GNPD +38% EBITDA - Earnings Before Interest, Taxes, Depreciation, and Amortization GEN - Generation DU - Distribution Utility RES - Retail Elect
Slide 7: Core income increased by 45% YoY
Core income increased by 45% YoY
Slide 8: Net income was up by 37% YoY
Net income was up by 37% YoY Core Income Net Income Php mn 9M2022 9M2023__ Change Core Income 18,351 26,653 45% Net Income 19,515 26,738 37% 2.65 3.64 EPS 20 AboitizPower | Eo | GT2025
Slide 9: Balance sheet remains strong
Balance sheet remains strong
Slide 10: Capacity sales increased by 19% YoY
Capacity sales increased by 19% YoY Capacity Sales 19% in MW MW - Megawatt BCQ - Bilateral Contract Quantity
Slide 11: Revenue and energy sold increased YoY
Revenue and energy sold increased YoY Revenue Energy Sold in Php mn in GWh 21% 21% GWh - Gigawatt hours
Slide 12: Gross margin increased by 18% YoY
Quarterly Breakdown Gross margin increased by 18% YoY in Php mn in PHP millions 21% 4% 16% 38% 18% in GWh 12% 23% in GWh 57% 6%
Slide 13: Spot and BCQ selling prices decreased YoY
Spot and BCQ selling prices decreased YoY in (P/kWh) 8% 4% P/kWh - Peso per kiloWatt hour
Slide 14: Beneficial power sales increased YoY
Beneficial power sales increased YoY Beneficial Power Sales in GWh 6% Customer Type Peak Demand in GWh in MW 6% 6% 7% SFELAPCO - San Fernando Electric Light and Power Company 14
Slide 15: Average year to date LWAP decreased
Average year to date LWAP decreased Q22023 Ave LWAP Q32022 Ave LWAP P7.73 (P/kWh) P8.43 (P/kWh) Q12023 Ave LWAP P6.60 (P/kWh) Q12022 Ave LWAP P6.74(P/kWh) Q22022 Ave LWAP P6.99(P/kWh) Q32023 Ave LWAP P 5.61 (P/kWh) YTD 2023 Ave LWAP -10% P6.65(P/kWh) YTD 2022 Ave LWAP P7.39 (P/kWh) LWAP - Load Weigh
Slide 16: Luzon supply and demand situation continues to tighten
Luzon supply and demand situation continues to tighten 16
Slide 17: On target to deliver 3.7GW of additional RE capacity by 2030
We on target to deliver 3.7GW of additional RE capacity by 2030 Grid Project Attributable Net Sellable Capacity Estimated Energization Luzon Cayanga Solar 94 MWp* October 2023 Laoag Solar 159 MWp* Ph 1: Q1 2024 / Ph 2: Q2 2024 Magat Battery 12 MW Q4 2023 Tiwi Binary 17 MW Q1 2024 Tarlac Solar 44 MWp
Slide 18: Cayanga Solar Power synchronized to the grid last October
Our 94 MWp Cayanga Solar Power synchronized to the grid last October 23 A500 PV Area A400 PV Area A300 PV Area A200 PV Area Control Building Substation Area A100 PV Area
Slide 19: Laoag Solar Power Project will be fully energized by Q2 2024
Our 159 MWp Laoag Solar Power Project will be fully energized by Q2 2024 19
Slide 20: Magat Battery Energy Storage System will operate by end 2023
Our 24 MW Magat Battery Energy Storage System will operate by end 2023 20
Slide 21: Binary Geothermal Power Project will be energized by Q1 2024
Our 17 MW Binary Geothermal Power Project will be energized by Q1 2024 21
Slide 22: | illustrative image only | illustrative image only
| illustrative image only | illustrative image only
Slide 23: Key Takeaways
Key Takeaways ● Our dedication to ethics and sustainability is evident in our recognitions. ● We leverage digitalization and innovation to boost efficiency. ● We persist in powering the economy with reliable and affordable power supply. ● We're steadfast in expanding our renewable energy capacity fo
Slide 24: AboitizPower
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