Investor Presentaiton
Future Energy Park - Largest Expected Carbon Negative Project
in North America
~$1.2 billion capital investment in Alberta
Net CO2 negative biofuels facility using non-food grade wheat¹ to
produce RNG and bioethanol.
Approvals Received: Land Use Approval; Water Act Approval from
Alberta Environment and Protected Areas; Environmental Protection
and Enhancement Act ("EPEA") Approval from the Government of
Alberta's Ministry of Environment and Protected Areas
Finalizing engineering, procurement, and construction ("EPC"), offtake
and supply contracts
Construction anticipated to start in 2024
Plant site located on ~50 acres within City of Calgary on industrial
lands; adjacent to existing utilities and infrastructure
16 grain terminals with capacity of 380,000 tonnes and a transloading
facility are located within a 100 km radius
Additional project information is available at
https://www.greenipi.com/portfolio/future-energy-park/
[email protected] TSXV: GIP
Expected Financial Profile³
Cost ($mm)
Offtake
Credit Rating
(Offtake)
Feedstock
Expected Completion
Date
Confirmed
A-/BB
Sourced
2026
-$1,200
RNG Sales (Annual)
Carbon Offset Credits
Cellulosic Equivalent Ethanol
Proforma
EBITDA²
>3.5 Million MMBtu
$100 million
Up to 1.5 million tonnes
$125 million
>300 million L
$110 million
High-Quality Protein Distillers' Grain ~350,000 tonnes
1. Assumes 800,000 tonnes of non-food grade wheat purchased annually
$20 million
Total Expected
EBITDA ($mm)²
>$300
2. The Q3 2023 MD&A provides additional disclosure on the expected EBITDA of Future Energy Park. Please see non-GAAP
measures on page 3
3. Subject to the close of both debt and equity financing
All figures on this page are in Canadian dollars (C$).
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