Revolve Renewable Power Corp · CSE:REVV
Revolve Renewable Power — Investor Presentation (January 2024)
25 slides from Revolve Renewable Power's investor presentation, January 2024
Slide 1: Corporate Presentation
CORPORATE PRESENTATION January 2024 TSXV:REVV OTCQB:REVVF
Slide 2: Disclaimer – Forward Looking Information
2 Disclaimer Forward Looking Information The forward-looking statements contained in this corporate presentation constitute ‘‘forward-looking information’’ within the meaning of applicable securities laws in each of the provinces and territories of Canada and the respective policies, regulations and
Slide 3: Disclaimer – Non-IFRS Measures
3 Disclaimer Non-IFRS Measures This corporate presentation makes reference to certain non-IFRS measures including Earnings before Interest, Taxes, Depreciation and Amortization ("EBITDA"). Non-IFRS measures and industry metrics do not have a standardized meaning prescribed by IFRS and are therefore
Slide 4: Investment Opportunity – What We Offer
4 Investment Opportunity – What We Offer ESG focused investment opportunity – renewable energy project development and generation key driver toward ‘net zero’ emissions target. Diversified investment strategy providing investors access to higher development returns from utility scale project develop
Slide 5: Revolve at a Glance
5 Revolve at a Glance NORTH AMERICAN FOCUSED RENEWABLE ENERGY PLATFORM 1 2 3 Operator and Developer Diverse Project Portfolio Proven Renewable Technologies Transitioning to owner & operator of 2.85GW Utility Scale portfolio combined Focus on key renewable technologies of assets with control over ful
Slide 6: Revolve at a Glance
6 Revolve at a Glance Diversified portfolio of renewable energy assets across North America totaling 3GW’s Project Name Technology Location Capacity MW Development Status CBS Solar Rooftop Solar Mexico 2 Operational CBS CHP CHP Mexico 0.5 Operational Cancun BESS Battery Storage Mexico 3.2 Operationa
Slide 7: Management Team
7 Management Team Sunita Prasad, VP, Corporate Steve Dalton, CEO & Director Development & Investor Relations Co-founder of the Company and has led the Sunita has a wealth of experience in international development of the business since inception. Broad finance and capital markets with a focus on inv
Slide 8: Track Record
8 Track Record 2021 2022 2023 Expansion Acquisition Sale of 2023 2012 2015 into the US of CBS 1.25GW of Proposed Initial Sale of market Mexico solar & Acquisition US$3m 15MW solar originating adding storage of WindRiver private project in 2GW operating capacity to Corp in equity raised Mexico portfo
Slide 9: Corporate Strategy
9 Corporate Strategy The company has begun a transition from a ‘pure’ development company to becoming an owner and operator of renewable energy projects. “Independent Renewable Power Producer with operating and development assets across the US, Canada & Mexico offering an above average returns for s
Slide 10: How We Get There
10 How We Get There Dual strategy to speed up transition to operator business model: 1. Organic Growth: Target constructing and operating smaller utility scale assets in our existing portfolio. Focus in the short term on the 80MWh Vernal BESS and 49.5MW Primus Wind projects. Strategic disposal of la
Slide 11: How We Get There
11 How We Get There Key Drivers & Deliverables: 1. DG: Current development pipeline of 156MW, conversion of c.50% (40MW per year) of this into projects under construction / operational during FY2024 and FY2025. 2. Utility Scale: Target ready to build status for the Vernal BESS project in 2024 with c
Slide 12: Financial Overview
12 Financial Overview Forecast Target Guidance FY2024 FY2025 (note 2&3) (note 2) FY2022 FY2023 REVENUE Nil US$1.1m US$5m US$15m (Note 3) EBITDA(note 1) (US$2.97m) (US$1.86m) Breakeven US$10m OPERATING & CONSTRUCTION 0MW’s 6.2MW’s 59MW’s 150MW+ ASSETS Note 1: This measure is not a recognized measure
Slide 13: Business Units
13 Business Units Project Type Development Timeline Business Model Shareholder Value ▪ Milestone payments ▪ Wind, Solar & Battery ▪ 3 to 4 years from ▪ Historically develop & sell development progress 1 Utility Scale Storage technology greenfield to ready to build ▪ Transitioning to owner & ▪ Moving
Slide 14: Portfolio Overview – Utility Scale Development
14 Portfolio Overview Vernal BESS, Primus Wind and El 24 projects targeted to reach RTB status in 2024. Utility Scale Development Targeting the addition of greenfield development projects in Canada before the end of 2023. FY2024 objective to have 3.5GW under development across the three target marke
Slide 15: Business Model – Utility Scale
15 Business Model – Utility Scale 3-4 year development timeline Project Origination Project Development Construction Ready Project Exit 1 2 3 4 • Identify and obtain land • Project development • All permitting requirements • The Company generally rights for greenfield wind, activities consisting of
Slide 16: Business Model – Utility Scale Illustrative Investment Case
16 Business Model – Utility Scale Illustrative Investment case – 200MW Solar Project Project Origination Project Development Construction Ready Project Exit 1 2 3 4 US$400k US$600k US$1m US$2m* total investment Project Investment Period 3 to 4 years Investment Returns $40-50k per MW* US$8-10m total
Slide 17: Sale of Bouse and Parker Solar & Storage Projects
17 Sale of Bouse and Parker Solar & Storage Projects Sale of the Company’s Bouse and Parker solar & storage projects to ENGIE, a global leader in the energy sector in Jan 2023. Material transaction for the Company representing the first sale from its US development portfolio with a combined capacity
Slide 18: Proposed Acquisition of WindRiver Corp
18 Proposed Acquisition of WindRiver Corp Proposed acquisition of WindRiver Power Corp. a Canadian based owner, operator and developer of wind and hydro projects in the Provinces of British Columbia and Alberta announced on October 4, 2023 . https://revolve-renewablepower.com/revolve-announces- 23MW
Slide 19: Business Model - Distributed Generation
19 Business Model - Distributed Generation Newly launched division in April 2022 targeting projects up to 5MW are installed at the customer premises (rooftop solar, CHP, battery storage). Customers are typically commercial and industrial scale, including manufacturing operations and hotel chains. Re
Slide 20: Portfolio Overview – Distributed Generation
20 Portfolio Overview Distributed Generation Project Name Technology Capacity - MW Location Development LOI Signed Under Construction Operational Target RTB Date Target COD Date CBS Solar Rooftop Solar 2.35 Mexico - - CBS CHP I CHP 0.5 Mexico - - 9MW Cancun BESS Battery Storage 3.2 Mexico - - Operat
Slide 21: Business Model - Distributed Generation Illustrative Case
21 Business Model - Distributed Generation Illustrative Investment Case – 2MWh Battery Storage System LONG TERM POWER PROJECT CONSTRUCT FINANCE PURCHASE ORIGINATION AGREEMENT 3 months 6 months 10 Years Revenue / Cashflow Project Investment Period Investment Returns: US$1m total investment financed b
Slide 22: Target Market Overview
22 Target Market Overview Transition to Net Zero Emissions is the key driver for the renewable energy industry over the next 10+ years with a significant amount of new renewable energy & distributed generation capacity required to achieve this transition. Inflation Reduction Act (2022) is a signific
Slide 23: Looking Forward – What to Expect
23 Looking Forward – What to Expect Continued transition to operator business model with projects reaching RTB, commencing construction and M&A activity Utility Scale Further project milestone from the Bouse project sold to ENGIE expected in H1 2024. Progress on Vernal BESS and Primus Wind projects
Slide 24: Shareholder Information
24 Shareholder Information CAPITAL STRUCTURE (as at Nov 30, 2023) Issued & Outstanding 60,172,627 Options ($0.50) 4,850,000 Warrants Nil KEY DATA Listed in Canada TSXV:REVV Listed in the US OTCQB:REVVF 52 week High/Low C$0.71/C$0.20 Recent closing Price (as at Nov 30, 2023) C$0.35 Market Capitalizat
Slide 25: For further information, please contact
25 For further information, please contact Email: [email protected] Phone: +1 778 885 5550 Canada – Registered Office 2200 -700 W. Georgia Street Vancouver BC V7Y 1K8 Canada Mexico Office US Office Hamburgo 70, int. 206 14550 E. Easter Avenue Juárez, C.P. 06600 Suite 200 Alcaldía Cuauhté
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