CLEARVISE AG 
Join us on our way into a green future
Company Presentation
April 2024
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About clearvise
Portfolio & Products
Market
Financials & Outlook
©clearvise 2024AG
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About clearvise
©clearvise AG 2024
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Dynamic and fast-growing European IPP
clearvise at a glance
clearvise is an
established european IPP with proven track record and innovative acquisition strategy
274
MW operational1
533
GWh produced1
15
Wind Projects1
20
Solar Projects1
©clearvise AG 2024
1 As of December 31, 2023 | 4 |
Solid business development with potential for growth
Financial Overview
In EUR thousands1 | FY 2023 | FY 2022 | Absolute change to | Change to | |
FY 2022 | FY 2022 in percent | ||||
Installed Capacity (MW) | 274 | 303 | -29 | -10% | |
Production (GWh) | 533 | 495 | +38 | +8% | |
Revenues | 44,841 | 65,159 | -20,318 | -31% | |
Adjusted EBITDA | 30,275 | 50,350 | -20,075 | -40% | |
Adjusted EBITDA-Marge | 68% | 77% | -9%-points | -13% | |
Consolidated net income | 6,837 | 21,317 | -14,480 | -68% | |
Earnings per Share | 0.09 | 0.34 | -0.25 | -74% | |
Total Assets | 363,086 | 451,345 | -88,258 | -20% | |
Equity | 159,114 | 155,948 | +3,165 | +2% | |
Equity ratio | 44% | 35% | +9%-points | +27% | |
©clearvise AG 2024
1 Preliminary, non-audited figures. Final figures will be published on April 30, 2024 | 5 |
On track building up a operating portfolio of >500 MW
Outlook 2024e/2025e
300
Expected Pipeline Execution intended in MW
2024e - 2026e
282
Focus remains on growth by own resources
250
200
Total:
430 MW
via building up a pipeline
Acting by caution with
new portfolio investments given the fierce competition/low returns in ready-to- build/operating projects
150
100 | 95 | 86 | |||||||||
79 | |||||||||||
63 | 63 | ||||||||||
50 | 36 | 42 | |||||||||
19 | |||||||||||
0 | |||||||||||
clearPARTNERS | Repowering | clearVALUE | |||||||||
Pipeline actual | 2024e | 2025e | 2026e | 2027e | |||||||
Focus on expanding clearPARTNERS Model with higher returns
©clearvise AG 2024
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Combined experience of more than 33 years
Management Team
Petra Leue-Bahns | Manuel Sieth |
Chief Executive Officer | Chief Financial Officer |
CEO since March 2020 | >20 years in the industry | CFO since July 2022 | >13 years in the industry |
• Member of the management board of ABO Wind AG, | • Head of Finance at clearvise |
responsible for Project finance and sales | • Senior Manager in the infrastructure team of Ampega |
• Chief Operating Officer of Sky Solar Holdings | • Project Finance and sales at ABO Wind AG |
• Member of the management board of ecolutions group | • Project Finance team of Landesbank Baden-Württemberg |
- Director of new york based investment banking boutique Global Capital Finance
©clearvise AG 2024
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The investment strategy is closely aligned with the needs of our stakeholders
Investment strategy
Regional Focus: Europe
Opportunity Pocket
Countries
MW
Portfolio Projects
80 - 85%
of Assets under Management
15 - 20%
of Assets under Management
min 10%
of Assets under Management
5-50 MW
Sweetspot
Direct investments in wind on-shore and PV plants
Boring but good investments in proven technologies in established markets
Direct investments & Partnerships
Return enhancement by new technologies, strategic M&A and investment in co-development opportunities
Growth potential has to be given
Investment in established markets only, investment of at least 10% of Assets under Management has to be possible
Small and medium projects targeted
Avoid bulk risk and lower competition with large institutional investors
©clearvise AG 2024
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Risk-optimized electricity production
Flatten the curve
Share of PV = 0%
Share of PV = 23% | σ1 = -53% vs. 2021
Share of PV = 24% | σ 1 = -60% vs. 2021
1 σ = standard deviation
2021 2022 2023
Jan | Feb | Mrz | Apr | Mai | Jun | Jul | Aug | Sep | Okt | Nov | Dez |
1 Installed capacity of ~1/3 Wind and ~2/3 Solar PV
2 Achieve a balanced 50/50 electricity
3 Enabling for optimized cross-portfolio PPA in future
©clearvise AG 2024
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Innovative acquisition strategy to drive profitable growth
Business model
our demand is
PROFITABLE GROWTH
clearVALUE
Value-enhancing investments in operational and construction-ready projects
clearPARTNERS
Co-development model for
cooperation with small and medium-
sized developers
clearSWITCH
Contribution in kind:
Assets in exchange for shares
274 MW cash generating portfolio is the basement of clearvise1
©clearvise AG 2024
1 As of December 31, 2023 | 10 |
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Disclaimer
clearvise AG published this content on 10 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 May 2024 12:09:13 UTC.
