Alternus Energy SPAC Presentation Deck
IN-HOUSE O&M SERVICE CAPTURES A LARGER SHARE OF PROJECT REVENUE
Illustrative European project cash generation for Alternus for projects with in-house O&M services
100%
Solar park
revenue
c. 16%
c. 56%
c. 7%
c. 21%
Solar park
cash uses
Opex
↑
Debt service
Tax
Cash to Alternus
c. 2%
c. 14%
Total project
OpEx
Alternus O&M margin¹
Other OpEx
Notes (1) OGM fees charged to project SPV's less cost of providing the services, where Alternus is the OGM provider. Not all projects will be serviced by Alternus. (2) Based on European portfolio lifetime cash flows
Operating Model Overview
Alternus benefits from in-house
O&M capability by capturing
margin otherwise paid to third
party providers.
▪ Cashflow from projects is available
to fund additional construction /
acquisition of additional capacity to
further grow portfolio and reduce
external funding requirements
27
O&M capability results in
Alternus receiving c. 23% of
project cashflows over the
project lifeView entire presentation