Cloudberry Clean Energy ASA · OSL:CLOUD
Cloudberry Clean Energy ASA — Q1 2022 Earnings Presentation
16 slides from Cloudberry Clean Energy ASA's earnings presentation, Jun 7, 2022
Slide 1: First quarter 2022 Status and outlook
Q Cloudberry First quarter 2022 Status and outlook 07 June 2022
Slide 2: Disclaimer
Disclaimer This company presentation (the "Presentation" has been prepared by Cloudberry Clean Energy ASA (the "Company") and its subsidiaries (together the "Group" and is made solely for information purposes. This Presentation does not constitute any recommendation to buy, sell or otherwise transac
Slide 3: Agenda
Agenda Overview and highlights Key Financials Outlook Selselva
Slide 4: Cloudberry develops, owns and operates Nordic renewables
Cloudberry develops, owns and operates Nordic renewables 4 Local developer, owner and operator of hydro- and Q Cloudberry wind power in the Nordics - the responsible way Large and growing development backlog and pipeline both on- and off-shore Diversified and growing production portfolio. “all Compl
Slide 5: Q1 2022 highlights
• • • • • • • • Q1 2021 Q1 2022 • • • YE 2020 YE 2021 YE 2022
Slide 6: Business overview per reporting date
Business overview per reporting date Proportionate production capacity of 368 MW (net to Cloudberry) including construction permits Production Develop t) Production Construction permit Backlog incl. under construction * Hydro assets: 26 + Wind assets: 4 * Projects: 14 + Wind assets: 3 + Capacity: 21
Slide 7: Renewable Energy — the Responsible Way
Renewable Energy — the Responsible Way Key ESG activities over the quarter 100% of turnover, operating expenses and investments are taxonomy eligible Transitioning to a low-carbon society Cloudberry has set the ambition to be net-zero by 2040 Confirmed reaching net zero for Scope 1 and 2. Scope 3 ca
Slide 8: Portfolio overview, per reporting date
Portfolio overview, per reporting date ‘wu Status Legend -———_, 368 Odal. First power in December 2021. All turbines have been egen: Z erected and 15 turbines have been energized. All turbines Hi Producing expected to be energized by 30 June 2022 Construction Ramsliana & Skaréna. Ramsliéna is comple
Slide 9: Key financials
Key financials Han
Slide 10: Total assets, equity, cash and interest-bearing loans
• • • • • • Total asset Total equity Cash and cash Interest-bearing loans equivalents and borrowings
Slide 11: Profit or loss (consolidated & proportionate)
Profit or loss (consolidated & proportionate”) Consolidated financials NOK million Revenue and other income EBITDA Operating profit (BIT) Proportionate Financials NOK million Revenues and other income Production Development Operations Corporate EBITDA Production Development Operations Corporate Powe
Slide 12: Revenue and EBITDA
• 80 120 70 • 100 60 • 50 80 • 40 60 30 20 40 • 10 20 • 0 0 -10 • -20 -20 • Revenue EBITDA Revenue EBITDA •
Slide 13: Outlook
Slide 14: Positive outlook for Nordic power prices
Positive outlook for Nordic power prices Cloudberry’s portfolio strategically situated in high price areas Positive outlook for power prices in key Cloudberry price areas NOK (ore)/kWh 2025e 2B 38 47 49 47 48 53 53 53 51 Q cloudberry e Sweden @ in production @ Under construction @ Construction permi
Slide 15: Summary and outlook
Odal Vindkraftverk Summary and outlook Positive EBITDA and strong growth in revenue Significant ramp-up in production as projects under construction are being completed Commodity prices and supply capacity remains a key topic and require best practice planning and cost optimization Strong power mark
Slide 16: Cloudberry is a renewable energy company
Cloudberry is a renewable energy company, born, bred, and operating in the Nordic and in accordance with local traditions. We own, develop, and operate hydropower plants and wind farms in Norway and Sweden. We are powering the transition to a sustainable future by providing new renewable energy toda
Cloudberry Clean Energy — Q1 2022 Earnings Presentation on 6ix