Meyer Burger Investor Presentation slide image

Meyer Burger Investor Presentation

Financing Plan To Close The Funding Gap Financing mix: • Funding gap of CHF 450m to complete construction of Colorado and Arizona manufacturing facilities • • . • Rights issue with target proceeds of CHF 200-250 million Remainder to be debt financed from additional financing options: export financing loan, DOE loan, and 45X financing Export financing loan from a commercial bank, supported by an export agency credit guarantee from the German government, in the amount of up to USD 95 million USD 200-250 million U.S Department of Energy ("DOE") guaranteed 10 year loan from the Federal Financing Bank (1) . Advanced manufacturing tax credit (so-called 45X) of up to USD 300 million to monetise future tax credits with term of 5-6 years • In parallel, continue to pursue potential strategic partnerships to drive longer-term growth and reduce capital intensity Source: Company Information; 1) After successfully completing Part I of the DOE process, the Group was formally invited in February 2024 to submit Part II of an application for such loan. DOE's invitation to submit a Part II application is not an assurance that DOE will invite the applicant into the due diligence and term sheet negotiation process, that DOE will offer a term sheet to the applicant, or that the terms and conditions of a term sheet will be consistent with terms proposed by the applicant. The foregoing matters are wholly dependent on the results of DOE review and evaluation of a Part II application, and DOE's determination whether to proceed MEYER BURGER 6
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