Rwe Ag · XETR:RWE
Rwe — Investor Presentation (November 2021)
12 slides from Rwe's investor presentation, Nov 15, 2021
Slide 1: Growing Green
GROWING GREEN Press conference on Investment and Growth strategy 2030 15 November 2021
Slide 2: Disclaimer
Disclaimer This document contains forward-looking statements. These statements are based on the current views, expectations, assumptions and information of the management, and are based on information currently available to the management. Forward-looking statements shall not be construed as a promi
Slide 3: Our core business is leading the way to a green energy world
Our core business is leading the way to a green energy world Offshore Onshore Batteries & Hydrogen Commercial Wind Wind/Solar Flexible Solutions Generation Strongest growth in Biden Plan and RWE’s European Hydrogen is quickly Decarbonisation Europe, significant European Green core markets require ga
Slide 4: Raising the bar to accelerate the energy transition
Raising the bar to accelerate the energy transition Wind/Solar/Batteries Flexible Generation Hydrogen 2.5 GW per year Significant 1.5 GW growth in net per year capacity additions Ø GW per year, 2.1 pro rata 0.2 0.2 Ambition 2020 Ambition 2021 for 2019 – 2022 for 2021 – 2030 15 November 2021 Press co
Slide 5: €50bn gross investment programme to drive green growth
€50bn gross investment programme to drive green growth Green investment programme 2021 – 2030 ~€50bn +35 2 GW ~€30bn +25 2 GW Gross cash Net cash investments investments 1 1 Net cash investments = Gross cash investments – Asset rotation 2 Gross capacity additions= Total capacity of all projects | Ne
Slide 6: We accelerate our growth investments to €3bn net annually
We accelerate our growth investments to €3bn net annually Share from gross cash investments: Ø €5bn p.a. Offshore wind + 20 Green investment Ø €3bn p.a. Onshore wind, solar and batteries programme 2021 – 2030 50 >90% 2021 – 2027 EU Taxonomy €bn + €21bn eligible 30 Flexible generation & hydrogen Gros
Slide 7: We transform rapidly into a green energy company
We transform rapidly into a green energy company Installed net 54 GW capacity 42 GW 40 GW GW, pro rata 31 18 15 Wind/Solar/Batteries 17 Flexible generation/Hydrogen 24 19 Coal/Nuclear 8 4 2016 2023e 2030e Adj. EBITDA Core business €2.9bn – €5bn Coal/Nuclear €1.9bn ambition €3.3bn 44% 56% >95% <5% 10
Slide 8: Strong annual EBITDA increase of 9% on average in core business
Strong annual EBITDA increase of 9% on average in core business From 2023 onwards Development of adj. EBITDA >95% of adj. RWE Group EBITDA RWE €bn 3.8 – 4.2 Group generated in core business 3.0 – 3.4 2.9 – 3.3 No book gains Coal/ considered Nuclear CAGR 2.15 – 2.55 +9% core business Core business 20
Slide 9: Thriving bottom-line growth
Thriving bottom-line growth Development In 2021 adj. net of adj. net income RWE Group includes significant income earnings RWE Group 1,050 – 1,400 1,000 – 1,400 contribution from €m Coal/Nuclear Coal/ 700 – 1,100 Coal/Nuclear Nuclear earnings replaced by strong growth in 500 - 850 our core business
Slide 10: Powerful & green in 2030: Leading green energy company
Powerful & green in 2030: Leading green energy company 50 GW >95% 9% €5bn Green installed EBITDA from Annual average EBITDA net capacity in core business EBITDA growth Ambition 2030 as of 2023 in core business 2030 2021 – 2030 15 Nov November Press conference on investment and growth strategy ‘Growi
Slide 11: Guidance FY2021 and FY2022
Guidance FY2021 and FY2022 € million Offshore Wind 1,050 – 1,250 1,350 – 1,550 Onshore Wind/Solar 50 – 250 650 - 750 Hydro/Biomass/Gas 500 – 600 550 - 650 Supply & Trading >350 150 - 350 Others/Consolidation Ca. -100 Ca. -150 Core adjusted EBITDA 2,150 – 2,550 2,750 – 3,050 Coal/Nuclear 800 – 900 55
Slide 12: Guidance FY2023 and FY2027
Guidance FY2023 and FY2027 € million Offshore Wind 1,350 – 1,550 1,350 – 1,650 Onshore Wind/Solar 750 – 900 1,250 – 1,450 Flexible Generation/Supply 750 – 950 1,000 – 1,300 Others/Consolidation Ca. -150 Ca. -150 Core adjusted EBITDA 2,800 – 3,200 3,700 – 4,100 Coal/Nuclear 0 - 200 0 - 200 Group adju