Investor Presentaiton
3-CAPITAL MARKETS & FINANCING
Grenergy has succesful track record securing capital needs in Capital Markets
Grenergy
renovables
Sound financial structure
Project debt (85/15 structure)
• Strong cash position (117.7 M€, November 2022)
Funds from Operations from:
Equity: Share Capital Increase 2022
Completed on 28th june 22
.
Deal size: 90M€
The book had c.50 lines with strong international
demand.
• Long-only accounts represented the majority of the
allocations, with the top 10 allocations taking over 51%
of the book.
Capex Finance
.
Service and Energy division
•
Build and Sale
2015-2021
US$ 400 M
25 pv projects
608 MW
LatAM
Up to date US$ 400 M
total secured financing
Structured Finance
2022
2022
2022
Equity: Share Capital Increase 2021
Completed on 22nd March 21
Deal size: 105M€
Fixed Income
Programme registered 16th Sep 21
Programme: 100M€
First Company to Issue Green Commercial Paper
Programme in Spain.
Outstanding Balance.
• Average interest cost 0.73%.
Programme registred March 22
Programme: 100M€
This deal raise 52.5M€ with an interest rate of 4%.
• Grenergy renovables was upgraded to investment
grade BBB- by Ethifinance
•
US$ 50 M
72 MW
Colombia
US$ 308 M
600 MW
Spain
US$ 150 M
240 MW
Gran Teno
•
> US$ 500 M
under negotiation
25View entire presentation