cad1d849-5e14-47ba-a7aa-7fe09c6875d1.pdf
ASX Announcement
June 9, 2016
Carnegie Presentation at Asian Development Bank's Clean Energy Forum
Please find attached presentation delivered by Carnegie's CEO Dr. Michael Ottaviano, today at the Asian Development Bank's Clean Energy Forum in Manila. The presentation outlines Carnegie's island and microgrid capability and progress.
For more information: Dr Michael Ottaviano Managing Director
Carnegie Wave Energy Limited (08) 9335 3993
[email protected] Website: www.carnegiewave.com
The delivery of very high penetration renewable energy microgrids
Carnegie Wave Energy Limited
(ASX:CWE)
Dr. Michael Ottaviano
Chief Executive Officer
© Copyright Carnegie Wave Energy Limited 2015 1
Disclaimer
The information contained herein has been prepared solely for informational purposes and is not an offer to buy or sell or a solicitation of any offer to buy or sell any security or to participate in any trading strategy or to enter into any transaction. If any offer of securities is made, it shall be made pursuant to a definitive offering memorandum prepared by or on behalf of any fund or other issuer which would contain material information not contained herein and which would supersede this information in its entirety.
Commercial in Confidence
© Copyright Carnegie Wave Energy Limited 2015 2
Company Highlights
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ASX listed owner and developer of world leading "CETO" wave energy technology.
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35% stake in and strategic alliance with Energy Made Clean, leading
Australian solar/battery microgrid EPC.
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Dual market focus -
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Wave energy farms: scaling to 100's MW in early markets, similar to the emergence of offshore wind (UK/EU).
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Islands microgrids: design, financing, EPC and O&M of bankable renewable microgrids. Later integration of wave to take advantage of wave's consistency and lack of footprint.
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CWE team of 45 focused on technology and project origination, financing and delivery.
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EMC team of 55 focused on microgrid EPC and O&M.
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CWE well capitalized: A$18m cash, A$14m in undrawn Government
grants, $21m undrawn debt facility (31 March 2016).
L-R: Kieran O'Brien (ex ESB), Mike Fitzpatrick (ex Hastings), John Leggate (ex BP), Jeffrey Harding (Chairman, ex Pacific Hydro), Michael Ottaviano (MD
& CEO), Grant Mooney (NED, Joint Company Secretary)
Carnegie team
Commercial in Confidence © Copyright Carnegie Wave Energy Limited 2015 3