Grenergy Renovables S A : Results Presentation 1H2021 Jan-Jun

RESULTS

PRESENTATION

1H21 Jan - Jun

Madrid, 21th Sep 2021

DISCLAIMER

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The information contained in this presentation ("Presentation") has been prepared by Grenergy Renovables S.A. (the "Company") and has not been independently verified and will not be updated. No representation, warranty or undertaking, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained herein and nothing in this Presentation is, or shall be relied upon as, a promise or representation. Neither the the Company nor any of its employees, officers, directors, advisers, representatives, agents or affiliates shall have any liability whatsoever (in negligence or otherwise, whether direct or indirect, under contract, tort or otherwise) for any loss howsoever arising from any use of this Presentation or its contents or otherwise arising in connection with this Presentation.

This Presentation is for information purposes only and is incomplete without reference to, and should be viewed solely in conjunction with, the Company's publicly available information and, if applicable, the oral briefing provided by the Company. The information and opinions in this presentation are provided as at the date hereof and subject to change without notice. It is not the intention to provide, and you may not rely on these materials as providing, a complete or comprehensive analysis of the Company's finan- cial or trading position or prospects.

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The securities of the Company may not be offered or sold in the United States of Ameri-
ca except pursuant to an effective registration statement under the Securities Act of	01
1933 or pursuant to a valid exemption from registration

KEY HIGHLIGHTS

FINANCIALOPERATIONALESG

PERFORMANCEEXECUTION

		Total pipeline of 6.3GW
1H21 Net Profit of 6.8M€ (+49% YoY)		398MW In operation
		245MWs Under Construction
1H21 EBITDA of 13.3M€ (+40% YoY)		772MWs Backlog
Revenue of 82.5M€ (+42% YoY)		2,6GWs Advanced Development
Leverage1 of 4.4x		12yrs PPA signed for Belinchon
(Vs 5.4x in FY20)		150MWs solar pv plant

100M€ Green commercial paper

programme

(First ever launched by a Spanish company)

ESG action plan 2021 on track

ESG coverage by CDP, S&P Global

CSA and MSCI confirmed to be released in next few months.

02

1 Leverage calculated as Net debt divided by last 12m EBITDA (19.8M€ for 1Q21 and 27.5M€ for 1H21

INDEX

1

FINANCIAL RESULTS

2

PIPELINE & OPERATIONS

3

ESG

03

1

FINANCIAL

RESULTS