Investor Presentation

3-STRATEGY, ESTIMATES & OPERATIONAL TARGETS -B20 (Bulid-to-own) Built to Own: D&C margin covering a large part of the equity Grenergy renovables COD: Commercial Operation Date. SOURCE: Company. 100% 70% Example of a project finance structure Power plants financed with non-recourse debt & additional tranche of mezzanine debt D&C gross margin covers a large part of Grenergy's equity contribution to each B&O project 10% 20% Project Capex Senior Debt Mezzanine Debt Equity D&C Margin Grenergy Equity 25

View entire presentation