Development Bussines Lin ine August 2019 Development History The - - PowerPoint PPT Presentation

Development Bussines Lin ine

August 2019

Company dedicated to the study and analysis of the feasibility of renewable energy projects in attractive countries to invest in.

Development bus busin iness line ne

2012 2015

➢ New business division in the Bester Group: first step in the implementation of the renewable energy projects. ➢ Company Foundation. ➢ Development of photovoltaic projects focused on the Mexican, Spanish and Italian markets. ➢ Team made up of 12 people with varied skill profiles (engineers, lawyers, accounting, financial, consultants, etc.) Today

History The Group Renewables

Development business line

Experience

➢ Opening of new office in Madrid. ➢ Pipeline of renewable energy projects of more than 5 GW at various stages of development.

Bester Group is dedicated to the DEVELOPMENT, engineering, construction, and operation and maintenance of renewable energy projects around the world using the photovoltaic solar technology to produce clean energy. Project Lifecycle

ASSESSMENT OF TECHNICAL AND FINANCIAL FEASIBILITY

O&M EXECUTION STUDY ENGINEERING & PROCUREMENT CONSTRUCTION STARTUP SERVICE

DEVELOPMENT CLIENT

FINANCIAL CLOSURE

PURCHASE OF THE PROJECT LICENSE Development bus busin iness line ne History The Group Renewables

Development business line

Experience

Development bus busin iness line ne

3

• 4. O&M

Operations & Maintenance

• 1. Development
• 3. EPC

Engineering Procurement Construction

• 2. Client: Purchase
• f the product license

and Financial Closure

Holding Bester Corporate

Comprehensive Service

History The Group Renewables

Development business line

Experience

History The Group Renewables

Development business line

Experience

Global Overview

It was a record year for renewable

• power. More than two-thirds of

global net electricity capacity growth were added. Solar PV capacity expanded the most, at 97 GW, being driven mostly by China.

2017

The International Energy Agency’s forecast expects a growth by over 1 TW in renewable capacity, in the period 2018 to 2023. Solar PV will dominate the renewable capacity growth in that period, with 575 GW

• f

new capacity expected to become operational.

2018 - 2023

Net renewable capacity additions, 2006 – 2023

50 100 150 200 250 300 350 2006 - 2011 2011 - 2017 2018 - 2023 Wind Hydropower Bioenergy Utility-scale PV Distributed PV Other renewables OECD/IEA

Development bus busin iness line ne

History The Group Renewables

Development business line

Experience

• The European Union aims to reduce its dependence on imported fossil fuels and improve its energy security, using more renewable energies

to meet its energy needs.

• The last agreement from the European Parliament, the Council, and the Commission was to expand the period of the targets from 2020 to

2030 and increase the growth of renewables in gross final consumption of energy from 20% to 32%, with a clause for an upwards revision by 2023.

• Solar energy is set to become the largest source of electricity generation in Europe by 2050, increasing its share of total consumption from

about 5% in 2018 to 36% in 2050.

The European Union Overview Spain Overview

• Spain aims to increase its share of renewable energy from 17% in 2016 to 42% by 2030, which means that renewable energy production will

have to increase by 74% as the National Action Plan for Renewable Energy in Spain states. That means an increase in renewable installed capacity of 157 GW – of which wind energy accounts for 50 GW, with solar energy capacity increasing by 37 GW.

• In order to meet the national targets of 74% renewable share in the Spanish electricity mix by 2030, UNEF (Spain’s Photovoltaic Union) and

the Government project a yearly growth of 3,000 MW (3 GW) of solar PV over the next years, increasing total installed capacity from 5GW in 2018 to 42 GW in 2030.

• Currently Spain is one of the most exciting solar markets in Europe, as a result of removing the ‘sun tax’ and committing to switch entirely to

solar and renewable electricity by 2050.

History The Group Renewables

Development business line

Experience

• Latin America hosts some of the most dynamic renewable energy markets. The region has more than a quarter of the primary energy coming

from renewables.

• Hydropower is the largest source of power generation in the region, accounting for 170,792 MW of installed capacity in 2018 and having

more than 85% of all electricity generated.

• After wind power, solar photovoltaic plays an important role in the region. In 2018, the total installed capacity accounted for 6.1 GW in Latin

America.

Latin America Overview

• Mexico’s government is aiming to achieve by 2024 and 2050 a contribution share from clean technologies to the energy mix of 35% and 50%,
• respectively. Furthermore, auctions have been one of the main regulatory instruments used to promote renewables in the country, allowing

the increase of private investment and a large pipeline of projects.

• The Ministry of Energy from Mexico (SENER) is implementing the market of clean energy certificates, based in the obligations of large

consumers who must have a minimum consumption of clean energy in their own energy mix, from 5% in 2018 to 13.9% in 2022.

Mexico Overview

• Identification of strategic markets to offer attractive investment opportunities worldwide.
• Studying the location where the facility is going to be implemented: natural factors such as time of solar radiation available.
• Development of renewable projects, based on technical design to obtain the permits, licenses and authorizations (PLAs) to operate the plants.
• Provision of all permits, licenses and authorizations necessary, including follow-up required for obtaining permits.
• Knowledge of the regulation and policies on renewable energy in the different countries.
• Working with local partners to provide knowledge and experience of their own country to streamline the permitting and construction.
• Hiring legal and technical offices internationally recognized for granting us security at different steps of development.
• Planning, strategy definition and identification of potential investors.

Development

1

Services

Development bus busin iness line ne History The Group Renewables

Development business line

Experience

Assess the project characteristics:

• Technical
• Study of technical project
• Analysis of EPC and O&M contracts
• Evaluation of components
• Analysis of production
• PR
• Availability
• Financial
• Study of tax structure
• Analysis of assets and liabilities
• Recalculation of incomes
• Legal
• Study of legal structure
• Audit in each of the societies of the projects.
• Audit licenses, permits and authorizations for the regulatory

matters of real estate, environmental, and social impact.

• Creation of the appropriate structure and incorporation
• f the necessary SPVs.
• Identification of potential investors.
• Sale of the SPVs to the CLIENT.

Due Dilligence

2

SPV

3

A complete simulation of the forecast results account of the installation is completed which assesses the

return on investment for the investor

Services

Development bus busin iness line ne History The Group Renewables

Development business line

Experience

CEO

Administration Management BESTER Operations Legal Engineering PV Design Grid Design Advisors Environmental Committees Land Management Reporting & Customer Relations Finance Controller Tresasury Payments Purchases and Suppliers Management Systems-HSEQ (Quality, Health, Safety & Environment)

Organizational chart

Human Resources Marketing & Comunications Systems (IT) Logistic Legal Fiscal Administration Development bus busin iness line ne History The Group Renewables

Development business line

Experience

Progressum has its own identity and its headquarters in Madrid.

Progressum is developing different projects around the world, and they are divided in 3 categories: ➢ Greenfield development ➢ Projects under development ➢ Development colaboration

Development bus busin iness line ne History The Group Renewables

Development business line

Experience

 Progressum has developed around 1 GW

• f renewable energy projects around the

world.  Progressum has a pipeline of around 5.7 GWp in development: projects Ready to Build or in various phases (initial and advanced development).

DEVELOPMENT

2019-2022

3

DEVELOPMENT

2013-2018

Development bus busin iness line ne

Chile 115. 5.27 7 MW MWp Japa pan 27 MW MWp Ital aly 300 0 MWp MWp Roman ania 27 MWp MWp Me Mexico 465 465 MWp MWp Me Mexico 356 356 MWp MWp

17.5 MW

Spai ain 4920 MWp MWp Un United ed Ki Kingdo dom 227. 7.3 MWp MWp 40.5 5 Mw Mw

History The Group Renewables

Development business line

Experience

Relevant Projects

Burton Farm. Photovoltaic Power Plant

Installed Capacity: 4.60 MWp Location: Stratford-upon-avon, Warwickshire, UK

• Sidlesham. Photovoltaic Power Plant

Installed Capacity: 12 MWp Location: Sidlesham, West Sussex, UK

Stanton Solar. Photovoltaic Power Plant

Installed Capacity: 5 MWp Location: Stanton Fitzwarren, Swindon, UK

Development bus busin iness line ne History The Group Renewables

Development business line

Experience

Rancho El Trece. Photovoltaic Power Plant

Installed Capacity: 35.63 MWp Location: Camargo, Chihuahua, Mexico

• Torreoncitos. Photovoltaic Power Plant

Installed Capacity: 35.63 MWp Location: Jiménez, Chihuahua, Mexico

• Ahumadas. 4 Photovoltaic Power Plants

Installed Capacity: 144.43 MWp Location: Villa Ahumada, Chihuahua, Mexico

Development bus busin iness line ne

Relevant Projects

History The Group Renewables

Development business line

Experience

Paseo del Club Deportivo , 1 Edificio 06 A, 1ª Planta Parque Empresarial La Finca 28223 Somosaguas-Pozuelo de Alarcón Madrid (Spain) Phone (+34) 917 997 181