Sustainable Community Networks Overview
SIGNIFICANT MOMENTUM BUILDING IN THE BUSINESS
Electriq has had significant operational and financial milestones, including forging new major partnerships
NTY OF
Growing Partnerships
Sustainable Community
SANTA B
BARB
CALIFORNIA
CITY OF
GOLETA
Cy of
Derby
SLO
Climate
Coalition
CREATING A CANO
Connecticut
OP
Sustainable Solutions
BARRIO
ELECTRICO
SEDC
H
SOLAR
2015-2019
Beta EP system is
deployed
IQ ESS launches
Accepted into
Powerhouse
Accelerator
Frank Magnotti joins
as CEO
PowerPod 1
launches
Greensoil
Investment infuses
series seed capital
2020
Electriq announces
additional equity
raise
Announces LFP ESS
(PowerPod 2)
Adds to SunGage
and Sunlight
Financial
Electriq becomes
Open ADR 2.0
certified
Electriq acquires
LillyPad & Emergent
Microgrid
► Electriq chosen for
Marin Clean Energy
ESS program
2021
PowerPod 2
launches with
UL9540
► Secures Sustainable
Community
Networks deal in
Parlier, CA
Secures 160 MWh
of full battery
system supply and
~140 MWh of battery
cells
► Opens Florida
headquarters and
moves to larger
facility in San
Leandro, CA
2022
Signs SEDC Solar partnership for solar
and battery installations in the
Washington DC area
Signs Barrio Electrico partnership for
residential solar and battery systems in
Puerto Rico
Signs agreement with New Channel
Partner in September, a leading owner
and operator of distributed solar energy
assets across the United States
► Secures Sustainable Community
Networks agreement in October with
Santa Barbara County to deliver
affordable, sustainable and resilient
energy to residents
► Welcomes Troy Anatra, Frank Evans and
Pravin Bhagat to the executive team in
November, bringing additional clean
energy expertise
Announces merger with TLG Acquisition
One Corp. in November which would
result in being listed on the NYSE under
ticker "ELIQ"
2023
electriq
power
Signs agreement in March with a third-party
project finance partner for Sustainable
Community Networks projects for >$300MM of
potential revenue expected to be earned over
a 30-month period
Signs Sustainable Community Networks
agreement with the San Luis Obispo Climate
Coalition to help the community hit its
carbon-neutral goal by 2035
► Completes merger with TLG Acquisition Corp.
and began trading on the NYSE on August 1
under ticker "ELIQ"
▸ Expands engagements with Barrio Electrico
and SEDC Solarin September
► Signs Sustainable Community Networks
agreement with Derby, CT, Electriq's first
move out of California and into New England
► Validates capabilities with first Virtual Power
Plant in California's new Demand Side Grid
Support program
Holds first quarterly earnings call as a public
company on November 15
►Provides full-year 2024 revenue guidance
range of $20 $30 million
-
2024
► Signs Sustainable Community Networks
agreement in 10 new municipalities in Los
Angeles County under one contract
Strictly Confidential / Not for Redistribution
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