slides here - Algonquin Power & Utilities Corp.

More documents

Recommendations

Info

Portfolio Management Wind, Solar Remain Attractive in the Long Term Objectives: • Deliver reliable EBITDA with minimal volatility • Demonstrate sustainability in the business model • Acquire sufficient assets by fuel type to operate safely and competitively US Generation Capacity Additions Portfolio Considerations Wind PV Solar Natural Gas Hydro • Diversify revenue geographically • Annual resource variability similar to hydro • Expand existing sites with proven resource • Least complex; attractive margins • Costs declining; efficiencies improving • Availability of low cost gas • Focus: non-merchant generation • Pursuing accretive acquisitions in a competitive environment 30
Capital Project Management Reduce Risk Over Project Life Cycle Title Stage Gate Activity Needed Funds Engineering Completion Contingency Required Porch Gat te 0 – Th he Front Stage 1 Stage 2 Stage 3 Stage 4 Project Options Project Screening Selection Refinement Conceptual Study Ga ate 1 Feasibility Study Ga ate 2 Engineering Study Up to 0.1% Up to 0.5% Up to 1.5% Ga ate 3 Execution Detailed Eng. & Construction 100% of Engineering Value 0-5% 5-20% 30-40% 50-100% 30-50% 15-20% 10-15% • Risk managed process from business plan to start-up (Stage 1 – Stage 4) • Approval stage gates across the project life cycle (Gate 0 – Gate 3) • Owner reviews deliverables at each gate; management can modify / stop project • Project funding is tightly managed 31
Page 2 and 3: Ian Robertson, CEO
Page 4 and 5: Uncertain Economic Backdrop Safe an
Page 6 and 7: Regulated vs. Non-Regulated Utiliti
Page 8 and 9: Strategy Development Objectives Rob
Page 10 and 11: 2013 Growth Plans Non-Regulated Uti
Page 12 and 13: Continuing the Trajectory • Separ
Page 14 and 15: Year in Review NOV DEC JAN FEB MAR
Page 16 and 17: Debt Financing Platforms Establishe
Page 18 and 19: Debt Maturity Ladder • No near te
Page 20 and 21: Tax Position Algonquin Power & Util
Page 22 and 23: The Year Ahead • AQN has proven a
Page 24 and 25: Questions
Page 26 and 27: Algonquin Power Today Rene ewable
Page 28 and 29: $1.2B Pipeline to Drive Growth Addi
Page 32 and 33: Operations Strategy Focus on Standa
Page 34 and 35: Portfolio Planning • Managing gro
Page 36 and 37: CAPEX Forecast (2013-2017) • Expe
Page 38 and 39: REC Sales Strategies • REC Sales
Page 40 and 41: Jeff Norman, Vice President, Projec
Page 42 and 43: Growth Strategy Focus Project Type
Page 44 and 45: Growth Considerations - 2012 Pipeli
Page 46 and 47: Recent Turbine Prices Source: Bolin
Page 48 and 49: PV Module Price Trend 48
Page 50 and 51: Charlie Ashman, Vice President, Tec
Page 52 and 53: Shale Gas Natural Gas Supply 52
Page 54 and 55: Recent U.S. Governmental Action •
Page 56 and 57: PV Highlights 2012 • Module is 50
Page 58 and 59: Wind Industry 2012 Trends Events
Page 60 and 61: Questions
Page 62 and 63: A Year of Achievements Liberty Util
Page 64 and 65: Expanding our Geographic Footprint
Page 66 and 67: Issues Affecting our Utilities •
Page 68 and 69: Success Model • Local • Respons
Page 70 and 71: On Being Responsive • Focus on ma
Page 72 and 73: We are Poised for Success • Prove
Page 74 and 75: Regulatory Overview New Hampshire/3
Page 76 and 77: Increased Earnings Certainty Mechan
Page 78 and 79: Case Study: CalPeco 2013 Rate Case
Page 80 and 81:
Regulatory Strategy • Starts with
Page 82 and 83:
In Summary • Continued increased
Page 84 and 85:
Commodity Procurement Team • Aver
Page 86 and 87:
Core Obligation Sales & Marketing C
Page 88 and 89:
Daily Planning Forecast 24/7 Market
Page 90 and 91:
Natural Gas Portfolio • 17 Inters
Page 92 and 93:
Changing Supply Basins Alaska Macke
Page 94 and 95:
…Leads to Liberty Growth Opportun
Page 96 and 97:
Gerald Tremblay, Vice President, Fi
Page 98 and 99:
Capital Management Objective • Pr
Page 100 and 101:
Five Year Capital Plan by Region $
Page 102 and 103:
Other Organic Growth Opportunities
Page 104 and 105:
Consistent with our Growth Strategy
Page 106 and 107:
2011 Towards the Million Customers
Page 108 and 109:
2013 Towards the Million Customers
Page 110 and 111:
Questions
show all

slides here - Algonquin Power & Utilities Corp.

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?