Investor Presentation Q1 2022
Avantium | Investor Presentation Q1 2022
FDCA Flagship Plant secured financing breakdown
Funding sources
€45m
€90m €192m
€27m
€30m
Funding uses
CAPEX: €115m
Running cost (OPEX): €65m
Interest, other: €12m
Grants (€27m):
■ €20m PEFerence grant (1)
■ €7.5m grant from the
National Programme Groningen
Third Party Equity (€30m):
■ €20m equity from Groningen consortium
■ €10 million equity from Worley
PEFerence
The Renewable Innovation
BB
*
JU
Bio-based Industries
Consortium
Represents 22.6% of the Renewable Business equity
Avantium Equity (€45m):
■ €45m investment by Avantium (increased from €35m)
Represents 77.4% of the Renewable Business equity
Debt Financing (€90m):
■ Each bank has committed €15m
Invest-NL, government backed Dutch impact
investment fund, has committed €30m
■Interest consists of three components:
cash interest, accrued interest and warrants
Horizon 2020
European Union Funding
for Research & Innovation
nationaal programma
groningen
Worley
energy chemicals
GRONINGEN SEAPORTS
GROElfonds
western Nord-Groningen
NOM
avantium
GROWING
INVESTNL
ABN AMRO
ING
asn bank
Rabobank
Note: (1) This project has received funding from the Bio-based Industries Joint Undertaking (JU) under the European Union's Horizon 2020 research and innovation program under grant agreement No744409. The JU
receives support from the European Union's Horizon 2020 research and innovation program and the Bio-based Industries Consortium.
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