Evolution Mining FY24 Guidance Update
PATHWAY TO COMMERCIALISATION
Informal
discussions
FY2024 Q1
Expressions of
interest
Negotiation with
shortlisted parties
Agreements
finalised
Financial close
FY2024 Q2
FY2024 Q3
Dec 2024
Strong sector interest
Transaction
Price ($B)
Purchaser
Commercial
77
Infrastructure
investors
power
producers
CWP Renewables1
+4.00
SQUADRON
ENERGY
Large
industrial
users
Queensland
government
generators
Origin Energy
18.70
Consortium
including
Brookfield
Genex Power
(Bid1 / Enterprise
Value)
0.9
SKIP CAPITAL Stonepeak
1. Publicly speculated transaction value. Actual deal terms not disclosed
2. Based on A$0.25/share indicative proposal received on 17 August 2022 (withdrawn on 28 December 2022) and $1.385B shares on issue plus net debt of $550M as
set out in Genex investor presentation dated 27 April 2023
41View entire presentation