1H 2023 Update & Highlights
VENA ENERGY'S 1H 2023 HIGHLIGHTS
Total Operational, Construction, and Contracted ("OCC") portfolio ~6.5GW across >100 projects
PORTFOLIO PROGRESS
BUSINESS HIGHLIGHTS
CORPORATE HIGHLIGHTS
COMMITMENT TO PEOPLE
VENA
ENERGY
▪ 2.9GW operational portfolio, with
additional 135MW (3 projects)
commissioned in 1H 2023
■ 706MW (5 projects) under
construction
■ 440MW of newly contracted
capacity across Philippines,
Thailand, and Taiwan
■39GW (>200 projects) of
development pipeline, with 13GW
onshore renewables, 20GW
offshore wind, and 6GW energy
storage capacity
■2.2TWh¹ (+22% P-o-P) green power
generation
■Robust financial performance, with
double digit semi-annual growth in
1H 2023:
$284m Revenue (+22%)
$196m EBITDA (+18%)
$174m LTM FFOA, growing from
$167m in FY2022
Corporate leverage of 2.4x with
corporate net debt of $419m and
FFOA of $174m, conservatively
below policy target of 2.5-3.0x
Secured $120m (JPY 16.9bn) green
project financing loan for Kasama
solar project in Japan
■ Enhanced statistical assessment of
resources and asset generation,
resulting in planning and budgeting
more closely aligned with historical
asset performance
■ Maintained Investment-Grade
credit rating and "Negligible" ESG
risk rating
■894 (+20% Y-o-Y) employees in
1H 2023
Improving diversity, with women
comprising 35% of new hires in
1H 2023
■ Vena Energy was awarded "Best
Companies to work for in Asia" both
in the Philippines and Indonesia,
marking the 3rd consecutive year of
recognition from HR Asia
■ Continuous engagement with host
communities via 65 CSR initiatives
throughout the region
VENA
ENERGY
Notes: (1) Generation in 1H 2023View entire presentation