Rwe Ag · XETR:RWE
Rwe — RWE Innogy — Non-Deal Roadshow (December 2015)
19 slides from Rwe's roadshow presentation, Dec 9, 2015
Slide 1: RWE Innogy - The competence hub for renewables within RWE
RWE Innogy - The competence hub for renewables within RWE Investor Meeting, 09th December 2015
Slide 2: Disclaimer
Disclaimer This presentation contains certain forward-looking statements within the meaning of the US federal securities laws. Especially all of the following statements > Projections of revenues, income, earnings per share, capital expenditures, dividends, capital structure or other financial items
Slide 3: Agenda
Agenda 1 Highlights: RWE Innogy in a nutshell 2 Details: Technology segments 3 Outlook: Strategic growth options RWE Innogy / Investor Roadshow December 2015 Page 3
Slide 4: RWE bundles competencies for renewables in one company
RWE bundles competencies for renewables in one company Upstream Midstream Downstream Exploration and production Transportation Distribution and retail and storage Raw Energy material Power generation trading/ Networks Supply production gas midstream Conventional Renewable Lignite Electricity Gas Ene
Slide 5: RWE Innogy: strong European footprint with focus on wind and hydro
RWE Innogy: strong European footprint with focus on wind and hydro Innogy’s markets across Europe Portfolio highlights* (in MW) Onshore Offshore Hydro others*** TOTAL UK 500 748 78 46 1.372 GER 567 295 375 10 1.247 SPA 447 12 459 NL 210 210 PL 197 197 ITA 67 67 others** 61 61 TOTAL 1.987 1.043 526 5
Slide 6: Since 2008 RWE Innogy has delivered over 2.9 GW additional growth
Since 2008 RWE Innogy has delivered over 2.9 GW* additional growth across all business areas 2009 2010 2011 2012 2013 2014/15 Suwalki Ururi Süderdeich GreenGecco Projects (41MW) (26MW) (9MW) (63MW) Little Cheyne Piecki Lochelbank Nowy Staw (60MW) (32MW) (10MW) (45MW) DE: 415MW Tychowo Anzi NL: 201MW
Slide 7: Innogy's result contribution to the RWE Group constantly increases in the future
Innogy’s result contribution to the RWE Group constantly increases in the future Innogy will double its operating result in 2015 and delivers important Q1-Q3 2014 Q1-Q3 2015 contribution to RWE Group result – constantly increasing in the future 291 (6%) 505 (11%) The majority of the result comes
Slide 8: Agenda
Agenda 1 Highlights: RWE Innogy in a nutshell 2 Details: Technology segments 3 Outlook: Strategic growth options RWE Innogy / Investor Roadshow December 2015 Page 8
Slide 9: Innogy focuses on wind and hydro
Innogy focuses on wind and hydro RWE Innogy Overview > Established in February 2008 > Bundling renewables activities and competencies across RWE Group – Growth focus in onshore and offshore wind, hydro as strong operational backbone – Research & Development and Venture Capital to drive the developme
Slide 10: RWE Innogy has a leading position in the European Offshore Market
With 1 GW installed capacity RWE Innogy has a leading position in the European Offshore Market RWE Innogy wind offshore presence Comments > RWE Innogy strengths − Strong in-house know-how to secure key value chain technologies and build large-scale power plants − Delivery of projects through strateg
Slide 11: Offshore: Focus on partner strategy to enable future growth
Offshore: Focus on partner strategy to enable future growth – Innogy with proven track record Operation Development 33% 15% Financial Close achieved North Hoyle1), UK, 60 MW: 85% Completely commissioned 2004 100% Nordsee One6), Galloper7), UK, GER, 332 MW 340 MW 50.1% 24.95% 50% 25% 24.95% Nordsee O
Slide 12: Example for successful project finance: Galloper offshore windfarm, UK
Example for successful project finance: Galloper offshore windfarm, UK Bank process launched beginning of June 2015 and encountered very strong appetite in the commercial bank market Financial Close achieved in October with a consortium consisting of RWE Innogy, Macquarie, Siemens and Green Inve
Slide 13: Onshore: eight projects in four countries under construction
Onshore: eight projects in four countries under construction – portfolio delivering stable results United Kingdom Germany ˃ Batsworthy Cross ˃ Bedburg 2 - 18 MW - 29 MW - 100% Innogy - 51% Innogy, 49% Stadt Bedburg ˃ Goole 2 ˃ Sandbostel - 35 MW - 12 MW - 100% Innogy - 100% Innogy (build-to-sell) Ne
Slide 14: Hydro: operational backbone with selected growth opportunities & sale of services
Hydro: operational backbone with selected growth opportunities & sale of services Markets and operations Hydro capacity Technology & markets > Small hydro plants (< 10 MW) expected to have significant share in future capacity growth in Western Europe United Kingdom > Most significant growth potentia
Slide 15: 3rd party services: leveraging value of development and operational expertise
3rd party services: leveraging value of development and operational expertise We are using our in-house expertise for 3rd party services in … We have … 1. more than 20 years cross-national experience in the wind and hydro business along the whole value-chain 2. more than 3000 MW wind capacity in ope
Slide 16: Agenda
Agenda 1 Highlights: RWE Innogy in a nutshell 2 Details: Technology segments 3 Outlook: Strategic growth options RWE Innogy / Investor Roadshow December 2015 Page 16
Slide 17: New strategic options for renewables foster additional growth ambitions in wind and PV
New strategic options for renewables foster additional growth ambitions in wind and PV Stop of planned disposals Enter new markets ˃ Currently distinctive new markets ˃ Especially relevant for Innogy’s under investigation regarding onshore portfolio onshore Wind and PV ˃ Growth opportunity without M
Slide 18: 3-roles-principle
RWE Innogy's operational model is very flexible and enables to work in different partnership structures RWEI Board > Overall accountability for results of RWEI (EBIT) > Accountable for economic success of Innogy’s entire investment portfolio > Ultimate goal is to maximise the portfolio NPV and to ma
Slide 19: Questions & answers
Questions & answers The energy to lead