Energix-renewable Energies Ltd. · TASE:ENRG
Energix-renewable Energies — Energix – Renewable Energies — Q1 2026 Earnings Presentation
24 slides from Energix-renewable Energies's earnings presentation, May 14, 2026
Slide 1: Capital Markets Presentation May 2026
This is an unofficial translation of the Company’s original Hebrew Capital Markets Presentation published on TASE on May 14, 2026 (Reference No. 2026-01-044496) (the “Presentation”). This translation is published for convenience purposes only, while the Hebrew version of the Presentation is the bind
Slide 2: General notes regarding the presentation
General notes regarding the presentation Accordingly, the actual results in respect of such information may differ significantly from This presentation was prepared by Energix – Renewable Energy Ltd . (“the Company ”) the presented information or from the results which have been estimated on the bas
Slide 3: Strong Start to 2026
Strong Start to 2026 Focus on Execution! Acquisition of Active construction of Equity return of ~NIS Project investments projects totaling 22 projects totaling 830 million from totaling ~NIS 640 ~1GW+ 340MWh ~2GW + 1.6GWh projects (1) million Strategic Plan - From 2026 and Onward European Hub – Prov
Slide 4: Key Events – Q1 2026
Key Events – Q1 2026 Revenue of 270 million NIS | EBITDA of 190 million NIS Energix US Acquisition of three projects Tax equity investment agreement of up to USD 195 totaling approximately 290MWp million with Morgan Stanley for the Border Basin from the E 6 portfolio for USD 29 project ( 152MWp, Ohi
Slide 5: Key Events – Q1 2026
Key Events – Q1 2026 Lithuania Completion of acquisition and commencement of construction for projects totaling 626MW and ~340MWh. The Company is in various stages of negotiations for additional acquisitions in Lithuania. Poland Continued growth in grid connections: Additional grid connection approv
Slide 6: Financing and capital structure
Financing and capital structure (4) (NIS millions, as of March 31, 2026) Gross Balance of Liquid resources Equity to debt ratio as of 31.3.2026 32% 830 20 Equity Project finance Additional 68% Debt facilities drawn financing credit after the lines subject to reporting date milestones Dividends of NI
Slide 7: Development of the Company’s Operating Results
Development of the Company ’s Operating Results (2) The following are the Company ’s results and forecast in respect to its revenues from project portfolio (NIS millions) Revenues 1,800 2.3 GW 2.5 GW 1.7GW +0.6 GWh 1,600 1.3 GW +0.5 GWh 2.0 GW 1.3 GW +0.2 GWh 1,370 - 1,280 1.5 GW 1,400 0.9 GW 1,170
Slide 8: Company’s Project Portfolio
Company ’s Project Portfolio 1.7GW + 0.5GWh May 2026 Mature Portfolio Mature Portfolio 2GW + 1.6GWh M&A Mature 4.6GW+ 3.2GWh 0.9GW + 1.1GWh 1.8GW + 0.4GWh Total Portfolio 12.1GW+ 15.3GWh 5.7GW + 11.7GWh Development Commercial operation Under construction/pre - construction Advanced development M&A i
Slide 9: Energix 2027
Energix 2027(3)(5) How do we reach the target of 4GW+ 2GWh? 3.6GW+ 2.1GWh connected and under construction 1.7GW+ Total projects 0.5GWh 1.9GWp*+ 1.6GWh under 0.4GW construction: 2GW+1.6GWh 1.9GW+0.4GWh Projects in advanced development and M&A stages, totaling 1.9GW + 0.4GWh, with a high probability
Slide 10: European Hub
European Hub (3) Poland Grid Connection Reform: Significant Potential - New grid connection approvals totaling ~ 2.4GW Wind (79%) and Solar ( 21%), and ~2.1GWh of storage Requirement to provide guarantees in order - Value creation and a platform for significant growth to obtain during 2026–grid 2031
Slide 11: Lithuania - a Significant Growth Engine
Lithuania - a Significant Growth Engine Completion of the acquisition of three projects in Lithuania with a capacity of 626MW+340MWh | Status: under construction 226MW wind 400 MWp PV 340MWh energy storage This project is expected to generate NIS 337- 363M in annual Commercial operation revenue (2)
Slide 12: Holistic energy solution for Data Centers
Gas line Holistic energy solution for Data Centers Enabling Conventional fast Time - to- Market Energy Power grid The company ’s core PV activities include PV, energy storage, and substation development Storage The company holds grid connections for projects in strategic Data Center locations Substa
Slide 13: Summary
Summary Established infrastructure for growth across all territories Strong execution focus toward 2027 Construction momentum doubling installed capacity Expansion into new markets Accelerated growth in energy storage Data centers as a significant growth engine 13
Slide 14: Financial Data
ENERGIX RENEWABLES Financial Data
Slide 15: Projects in the United States
Projects in the United States (6) All figures in NIS millions Projects in Projects in pre - construction/ Projects in Connected projects advanced under construction development development 784MWp Connected PV Project PV Project PV Project PV PV PV projects portfolio - portfolio - portfolio - E4 Proj
Slide 16: Projects in Poland and Lithuania
Projects in Poland and Lithuania (7) All figures in NIS millions Projects in Projects in pre - construction/ 344MWp Connected projects under construction advanced Projects in development +56MWh development Connected projects Wind PV Storage Wind PV Storage Wind PV Wind Storage Capacity 301 43 56 226
Slide 17: Projects in Israel
Projects in Israel (8) All figures in NIS millions Projects in pre - construction/ 528MWp+ Connected projects Projects in development under construction 411MWh Connected PV PV+ Storage Wind PV+Storage Storage PV Storage projects Capacity 111 MW+ 14MWp+ 417 104 400 120 1,410MWh (MWh/MW) 411MWh 110MWh
Slide 18: Development of the Company’s Operating Results – EBITDA
Development of the Company ’s Operating Results (2) The following are the Company ’s results and forecast in respect to its EBITDA from project portfolio (NIS millions) EBITDA ( M' NIS) 1,800 100% 87% 85% 86% 86% 86% 1,600 82% 1,400 80% 1,185- 1,100 1,200 955 1,005 60% 1,000 470 - 450 800 214 408 63
Slide 19: Appendix
WZ ENERGIX “ZS RENEWABLES Appendix
Slide 20: Return of equity
Return of equity (9) Expected return of Portfolio Equity NIS in millions E4 Up to 183 E5 Up to 668 Total Expected Equity Up to 851 return 20
Slide 21: Adjustment to Project Level EBITDA
Adjustment to Project Level EBITDA Q1/26 Q1/25 Growth Analysis of project level EBITDA which is EBITDA 190,857 156,872 22% used by the Company to calculate its operating results in accordance with its Guidance, as specified in slide 7 Lease Expenses (IFRS 16) (8,210) (7,474) *For further details, se
Slide 22: Power purchase agreements
Power purchase agreements (3) As of the approval date of the report The Company signed power purchase agreements, hedge agreements and won tariff auctions to create optimization between leveraging the high price environment in the operating markets and reducing the exposure to price volatility in th
Slide 23: Notes
Notes 1. Following the report date and until the date of approval of the report . 5. The Company ’s 2027 work plan and targets are based on the Company ’s current project pipeline and projects under negotiation that the Company estimates will be acquired and transferred to the Company ’s 2. Beginnin
Slide 24: A Breakthrough Global Green Utility
A BREAKTHROUGH GLOBAL GREEN UTILITY (“GGU”), COMMITTED TO OUR FUTURE ON THE PLANET 24
Energix – Renewable Energies — Q1 2026 Earnings Presentation on 6ix