Technology for a Cleaner Future

Transcription

1 Technology for a Cleaner Future Investor Presenta,on January 2014 OTCQB: PGTK

2 Safe Harbor Statement Some of the informa,on in this Document are forward- looking statements. You can iden,fy these forward- looking statements by forward- looking words such as may, will, expect, poten,al, an,cipate, forecast, believe, es,mate, project, plan, con,nue or similar words. You should read statements that contain these words carefully because they discuss future expecta,ons, contain projec,ons of future results of opera,ons or of financial condi,on, or state other forward- looking informa,on. Forward- looking statements include, but are not limited to, statements regarding poten,al product development, expansion plans, acquisi,ons, or sales and marke,ng programs, and future plans and objec,ves of the Company. The risk factors listed in our disclosure documents provide examples of risks, uncertain,es and events that may cause actual results to differ materially from the expecta,ons and projec,ons described by the Company in its forward- looking statements. Actual results rela,ng to, among other things, the markets for the Company s products, and that research and development costs could differ materially from those currently an,cipated in such statements. Factors affec,ng forward- looking statements include: the specula,ve nature of development stage companies, par,cularly in the emission control system area and those of energy parks; changes in the opera,ng costs; changes in economic condi,ons and condi,ons in the financial markets; changes of the interest rates on borrowings; hedging ac,vi,es; changes in the market for emission control systems to be developed by the Company; changes in the regulatory environment of any country in which the Company operates; changes in the investments and product development levels; li,ga,on; legisla,on; environmental, judicial, regulatory, poli,cal and compe,,ve developments in areas in which the Company operates; technological, mechanical and opera,onal difficul,es encountered in connec,on with the Company s development ac,vi,es; and labour rela,on mavers and costs. The user should refer to the risk disclosures set out in the disclosure documents filed by the Company from,me to,me with the applicable regulatory authori,es

3 Company Overview Our mission is to profitably address the worlds need for clean and sustainable energy through: Developing Renewable Power Plants Licensing ENVI- Clean and ENVI- Pure, our patented emission control technologies, to other power sta,ons Developing and acquiring addi,onal proprietary technologies that protect the environment and drive future growth

4 Investment Summary One of the world s first publicly traded dedicated operators of biomass and waste to energy power sta,ons Developing low cost regionalized Renewable Heat and Power Plants delivering sustainable recurring cash flows Plants will endeavour to use PGT s patented emissions control technologies: ENVI- Clean TM and ENVI- Pure TM Energy Park SuVon Bridge: 49MW consented biomass heat and power plant - target unleveraged IRR of 12-15% 40% of Peterborough Renewable Energy Limited which owns a 20% equity share in a proposed consented 79MWe combined heat and power plant Further opportuni,es iden,fied for development: Small biomass and waste to energy power plants in the UK and USA Further projects where technologies can be u,lised for feedstock customers

5 Company Profile Stock Exchange OTCQB: PGTK OTC: Closing Price (1/21/14) $6.65 Market Cap (1/21/14) $105.7 M Full Diluted Shares Outstanding 15.9 M Total Assets (6/30/13) $31.6 M

6 Two Proprietary Technologies ENVI- Clean ENVI- Pure Designed for coal- fired power sta,ons sulphur dioxide Successfully tested at 84MW plant in USA Installed at a 6MW plant at Katatheon, Canada Large Marine opportunity to be developed Designed for waste to energy and biomass power sta,ons mul,ple pollutants Successfully tested at 55MW plant in UK compliant emission test results (negligible pollutants from the emission stream)

7 Technologies- How it works

8 Compe,,ve Advantages 3 Patents filed for proprietary Emissions Control Technology $3 M invested in R&D and patent filings to date The ENVI- Pure TM System combines turbulent and electrosta,c precipitator wet technologies Delivers world- leading emission removal rates (99.3% of sulfur dioxide) Capable of mee,ng acid, gas and par,culate emission standards with greater than 75% margin for future changes in emission regula,ons Metals, dioxins, furans and other vola,le organic compounds are removed using granular ac,vated carbon (GAC) technologies

9 Business Model Strategic + Financial Partners PwC Fichtner Revenue Sources Power Purchase Agreements Heat Sales Green Subsidies Licensing through engineering groups in key markets (10% of sales)

10 Energy Park SuVon Bridge Planning permission granted for a 49MW biomass plant at SuVon Bridge, Lincolnshire, UK on 8 May Phase 1 to be 25MW Proposed Financing ins,tu,onal equity infrastructure funds and debt Target unleveraged IRR on projects of 12-15%

11 Energy Park SuVon Bridge Financial Close requires the following agreements: Planning consent - completed subject to community fund Power Purchase Agreement - term sheet achieved Feedstock - in discussions with largest forest manager in UK Technology specifica,on - Fichtner staged combus,on fluidised bed Environment Agency Permit - Applica,on to be submived Q Debt Procurement - PwC appointed to procure debt finance

12 Management Team Dr Neil Carmichael- CEO Doctorate in Mathema,cs Business Development Manager Shell Central Asia Chairman of 6 Shell Oil companies Chris Williams- Business Development, Energy Parks Materials expert Obtained planning consent for numerous power plants in UK and Australia Dr Andrew Jolly- Non Exec Director Doctorate in Engineering Renewable Government Regulatory Specialist Alan Thompson, Project Director Energy Park SuVon Bridge Director of Renewables- Centrica Project Director SuVon Bridge- Enron Alex Shead, CEO Asia A founder of Stuart Alexander and Winsure Insurance Group Established award winning non- profit organisa,on, Fair Business

13 Cap Structure and Financing Capital Structure Outstanding Shares: 15.9 M Restricted: 13.8 M Op,ons: 62,500 Op,ons Outstanding. Exercise Price of $.01. Exp 12/18/14 Financing: c.gbp 86m (US$138m) of project finance available for drawdown Q PwC engaged to source the debt

14 Milestones 1. Complete technical specifica,ons for SuVon Bridge Q Finalize Power Purchase Agreement (PPA) with credit counterparty market improving as UK energy sector constrained by closure of coal power sta,ons 3. Appoint EPC contractor Q Complete Renewable Obliga,on Cer,ficates (ROC) agreement TBD 5. Finalize and sign feedstock agreements 1H Pursue acquisi,ons in UK and USA ongoing 7. It is our objec,ve is to establish trade partners for our proprietary emission control technologies worldwide with an ini,al emphasis on the People s Republic of China ( PRC ).

15 Contacts Company Pacific Green Technologies Inc Prospect Road San Jose, CA, Tel : (408) Investor Relations DusZn Salem Senior Vice President - Western Region MZ North America Direct: Mobile: dus,n.salem@mzgroup.us