GreenRock accelerates the green energy transition through offering integrated, customer-driven solutions in a develop- to-own business model.
• Renewable energy company with operations in Italy, Germany, UK, Poland and The Netherlands.
• Established European growth platform for Central & Eastern European and North American expansion.
• Experienced team with track record in renewable energy, with a portfolio focus of developing solar photovoltaic and wind farms and managing operational assets.
• Forecasted Growth: Anticipating 2024 earnings of $25-30m in revenues and $18-20m EBITDA.
• GreenRock’s reverse merger with ClimateRock (NASDAQ:CLRC), a publicly traded special purpose acquisition vehicle, was announced and filed with the SEC on the 5th of January 2024.
• ClimateRock filed its draft prospectus with the SEC on the 26th January 2024 for its merger with GreenRock.
Overview of GreenRock Corp
Financials Development Portfolio
Strictly Confidential
The material in this presentation has been prepared GreenRock Corp and is general background information about GreenRock Corp’s activities as at the date of this document. The information is given in summary form and does not purport to be complete or considered as advice. GreenRock Corp is not liable for any damages or losses incurred from the use of the presentation and any material contained in it, or from any action or decision taken as a result.
Investment Proposal
GreenRock is looking to raise $30 million for acquisitions and growth ahead of its reverse merger with NASDAQ-listed ClimateRock (CLRC) in June 2024.
• GreenRock’s financial performance is expected to see a strong uplift in 2024 of $25-30m in revenues and $18- 20m EBITDA.
• This is due a mature pipeline reaching critical mass, allowing for sell down of assets as wells as recurring income from operating assets.
Financials are presented on the basis that pending transactions close
MWp in Development 2024
Solar PV >10,000
Wind ~200
BESS >5,000
Renewable Hydrogen ~300
Solar
• 500 MW ready to build in next 12 months
• Pipeline of ca.10 GW in Europe at various levels of development
• Anticipating acquisitions of operational projects in 2024
Wind
• 9 MW operational assets in Germany
• Construction of new projects slated for late 2024
• Plans to acquire operational projects in 2025 and beyond.
Hydrogen
• Projects with increasing electrolysis
pipeline focused on industrial, maritime and agricultural sectors
• Growing portfolio of projects in UK.
Italy and USA, with operational commencement in 2026
Battery Storage
• >5 GW immediate battery storage pipeline
• Rapid expansion due to a 6-month construction period and lower capex
• Wind and solar pipeline comes with energy storage option generating an adjunct line of incremental growth.
Our Unique Approach: Integrated Energy Solutions
GreenRock aims to be the world’s first and foremost IEP (Independent Energy Producer) by recognising the value and efficiency that can be unlocked through integrated, renewable energy solutions.
Currently focused on renewable power energy production, GreenRock is embarking on renewable hydrogen developments, with particular focus on the hydrogen transition of industrial & maritime sectors.
The future integration of renewable hydrogen into the wider economy positions GreenRock to be a key contributor to energy transition and local and regional energy security.
• Robust pipeline of approx. ~15 GW across the development and operational lifecycle.
• Geographical expansion in 2024 and 2025 focused on Central/ & Eastern Europe, the U.S. and key “Hydrogen Economies”.
• Diversified portfolio offering scope for yield enhancements, sell- down, construction, and wider operational and asset management through grid knowledge.
• Emphasizing innovation with development of next generation zero-membrane electrolysis technologies and
scalable data platform for real time energy management.
General Strategy
Investment Proposal
• GreenRock is raising $30 million for acquisitions and
growth based on anticipated >$300m valuation.
• The funds will be used to complete ongoing
acquisitions prior to listing.
• A smaller portion of the funds will be invested in
existing projects under development.
• In return for the investment, GreenRock offers
common shares at a 20% discount to the listing price.
• We welcome investors, with considerations from $1
million and upwards
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Strictly Confidential
The material in this presentation has been prepared GreenRock Corp and is general background information about GreenRock Corp’s activities as at the date of
this document. The information is given in summary form and does not purport to be complete or considered as advice. GreenRock Corp is not liable for any
damages or losses incurred from the use of the presentation and any material contained in it, or from any action or decision taken as a result.
