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Page 1: IMPACT INVESTMENTS: CORPORATE PROFILE

CO & TRI-GENERATION l WASTE HEAT RECOVERY l ENERGY OPTIMIZATION l CONCEPT ENGINEERING l RENEWABLE ENERGY UTILITY PLANTS I FINANCE

Waste-to-Energy Company of the Year Award

I M PA C T I N V E S T M E N T S : C O R P O R AT E P R O F I L E

STRICTLY PRIVATE AND CONFIDENTIAL

Page 2: IMPACT INVESTMENTS: CORPORATE PROFILE

STRICTLY PRIVATE AND CONFIDENTIAL

A b o u t U s

STRICTLY PRIVATE AND CONFIDENTIAL

Invest Energy is a leading Infrastructure-as-a-Service (IaaS) company developing, operating and managing renewable energy (RE), clean energy (CE) & energy efficiency (EE) infrastructure and services by providing and investing in innovative, cost-effective, reliable and proven total energy solutions.

Investor Composition

(RM172million)6 investments, 2 divested

• Co & Tri – Generation Energy Systems (CHP)

• Absorption Chillers & Heat Recovery Systems

• Waste Heat Recovery

FOCUS INVESTMENT AREAS AND EXPERTISE

Renewable Energy Energy Efficiency Clean Energy

(RM78million)8 investments

• Biogas Power• Rooftop &

Floating Solar• Waste to Energy

(RM42million)2 investments

• Energy Optimization

• Digital Energy Analytics

• IOT

SUSI Asia Energy Transition Fund (USD 100million)Committed and Ready

(RM130million)

• Engineering & Procurement

• O&M• Advisory & Solutions

EPCC Services

Debt via Capital Markets (USD400million)In Fundraising

Established in 2011. Headquartered in Kuala Lumpur with offices in

Singapore and Vietnam

100% pure play focusedClean Energy

Infrastructure Company

Goal is to accelerate the world’s transition

towards the mobilization of cleaner

energy

RM450mio in deployable capital across three sector

30+ employeesSkilled labour in

multiple disciplinaries

MULTI TECHNOLOGY INTEGRATOR

Biogas 7%

Solar58%

WHR20%

Cogen15%

End to End Integrated Solutions Provider Delivery Cost Savings & Clean Energy

Page 3: IMPACT INVESTMENTS: CORPORATE PROFILE

STRICTLY PRIVATE AND CONFIDENTIALSTRICTLY PRIVATE AND CONFIDENTIAL

Adaptation & Key Challenges

A growing international company leading the charge in renewable energy (RE) generation, clean energy (CE) & energy efficiency (EE) solutions and management by providing and investing in innovative, cost-effective, reliable and proven energy solutions.

Develops partnerships with leading technology suppliers such as GE, Caterpillar & Mitsubishi.

Delivering superior model

via the Build, Own & Operate

Concept and value to earn

the goodwill ofcustomers.

Adaptation of government policies and

licensing including regulatory hurdles to develop first of

its kinds BOOT model.

Deliver quality and excellence in all

areas especially in operations,

execution and growth via

strategic long-term partnerships with

key technology operators.

Asset Monetization

exercise to realize value,

reward shareholders and par down

debt to be completed by

Q32020.

Pursuing projects

around South East Asia and develop local relationships

for project partnerships.

Formerly part of the 50-year old Konpro Group, restructured by

a group of experienced

professionals in the Engineering,

Finance and Energy

industries.

French Govt owned Co., SAFRAN appoints INVEN to undertake feasibility study to develop Malaysia’s first ORC WHR

1st biogas project with Sabah State Government for 2 biogas power plants.

Secures commitment from European Infrastructure Fund (EIF) for $100million for a JV project financing to start in Q4’20.

10 years of innovative technological integration and investments with diversification into energy efficiency

Series A fund raising completewith investorsfrom Sarawak State and HNWI. Debt from local banks secured.

BOOT project from Careplus Berhad with participating order book at more than RM300million.

3 projects from Cadbury, Safran BOOT & Asahi Japan BOOT.

Expanding to South East Asia starting with Vietnam for heat recovery projects.

Early Sarawak State Investors plan exit. Restructuring to strengthen balance sheet with EIF and new partners.

Rationalization exercise to

recreate new income streams with less debt

and equity.

Diversification & Key Achievements

2017BEST

INNOVATION IN SUSTAINABILITY

2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

Finalising Malaysia’s first Cogeneration Data Centre totalling RM130mio. Order book hits RM450mio.

Waste-to-Energy

Company of the Year Award

A D e ca d e o f G row t h

Monetises 2 concessions achieving 26% IRR return.

Asset Management Co. office in Singapore

opened with SUSI.

Hands over biogas project to Sabah State and focuses on

CHP + WHR

Page 4: IMPACT INVESTMENTS: CORPORATE PROFILE

STRICTLY PRIVATE AND CONFIDENTIAL

C o m p a ny H i g h l i g ht s

Malaysia

MYR 300 million Co-generation, Waste Heat

Recovery, Solar & EE

Singapore

USD ~ 100 million SUSI INVEST ENERGY Asset

Management Co.

Vietnam

USD 20 million Waste Heat

Recovery

UNITED NATIONS GLOBAL COMPACT PARNERSHIP

Partnership with United NationsGlobal Compact (UNGC) forsustainable development inSouth East Asia.

Co-promotion of projects inSouth East Asia fully endorsed.

Vietnam

Malaysia

Singapore

FUTURE PROJECTGROWTH-2026

0

50

100

150

200

250

300

350

400

2021 2022 2023 2024 2025 2026

MW

WASTE HEAT RECOVERY

CO-GENERATION

SOLAR+EV

Page 5: IMPACT INVESTMENTS: CORPORATE PROFILE

STRICTLY PRIVATE AND CONFIDENTIAL

Key Partnerships

2014 2017 201820162015 2019 2020 2021Renewables

Efficiency

USD 4m USD 1m USD 1.5m

USD 2m USD 9m USD 7m USD 20mUSD 120m

Biogas Plant,Sabah

Co-generation,Etika Malaysia

Tri-generation,Cadbury Malaysia

Co-generation,Careplus Berhad

Rooftop Solar,Etika Malaysia

Rooftop Solar,Government M’sia

Waste Heat RecoverySafran, Malaysia

Co-generation & Floating Solar,

Westport, Malaysia

Waste Heat RecoveryTTC, Vietnam

District Cooling, Putrajaya

GDC Plant 1Putrajaya

Chilled Water PlantKLIA 2

Chiller Plant, Noi Bai Int. Airport, Vietnam

Mechanical, electrical and public health engineering specialist

Mitsubishi Heavy Industries -Multinational engineering, electrical

equipment and electronics

World’s leading manufacturer of construction and mining

equipment, diesel and natural gas engines, industrial gas turbines

P r o j e c t Re f e r e n c e s

Clean Energy

Solar LightingMelaka State Govt’

Tri-generation, Data Centre, Malaysia

Consultancy

IaaS BOOT = 90%

OPM + EPCC = 10%

World’s largest corporate sustainability initiative driving UN’s

goals to reach carbon neutral by 2050

Masterplan Study, Safran, Malaysia

Masterplan Energy Study, Sedenak Data

Centre Park

Note: All in red is on-going or in final negotiations

4235

8450

11490

19780

25546

CO2

12x293

5621131

29063649

Page 6: IMPACT INVESTMENTS: CORPORATE PROFILE

C o re M a n a ge m e nt Te a m

Mohd Farez(Site Lead Operation & Maintenance )• 10 years experience in Gas Engine Repair,

Maintenance & Overhaul• Specialist in commissioning and operations of

gas engines• Trained in Spain with Guascor engines

Jason Teoh(Director, Group Operations)• 20 years experience in power

operations and planning • Currently, GM of Sobono Energy

Pte. Ltd., leading Mitsubishi Partner• M.Eng in Manufacturing Eng. From

Queen’s University, Belfast

Gopala Krishnan (Group Risk & Policy Director)• Ex Deputy CEO of EON Bank• 40 years experience in Banking and

Finance• Director of Allianz Malaysia, Bank of

India Malaysia & Aiqon Capital

Jasveen S. Pasricha(Group Executive Director, Finance & Commercial )

• ACCA, Manchester, UK • 11 years experience in techno-

commercial, Corp. Finance & Accounting

Anand Ramakrishnan(Group Managing Director)• MSc in Eng. & Finance, Imperial

College, London• Ex-AirAsia Berhad Special Officer to

CEO; Registered Energy Commission Energy Manager

• 14 years experience in M&A, Finance, & Origination in various energy industries.

Ir. K. Kumarason(Lead Project Director)• 30 years experience in energy industry• Committee Member & Trainer at Malaysia

Association of Energy Service Companies (MAESCO)

• Registered Professional Eng; MEng in Mechanical Eng. From University of Malaya

Azizi Meor Ngah(Chairman & Executive Director)• Ex-CEO & Chairman of 5 GLC’s• Advisor of Media & Technology Co’s.Dato’ Ir. Ab’llah Hj. Salleh(Group Technical Advisor)• Ex-VP, Transmission, TNB• Board of TNB subsidiaries

Page 7: IMPACT INVESTMENTS: CORPORATE PROFILE

STRICTLY PRIVATE AND CONFIDENTIAL7

SESF I (EUR 252m)5 investmentsIn investmentphase

Established in 2009. Headquartered in Zug with offices in Zurich,

Singapore, Luxembourg and Frankfurt

100% asset allocation in Clean Energy Infrastructure

85+ closed transactions globally

EUR ~1 bn Assets under Management across

three strategies

50+ employees12 nationalities and

10 languages

Investor CompositionFocus Investment Areas and Funds

Renewable Energy Energy Efficiency Energy Storage

SREF I (EUR60m)15 investmentsFund exit

SREF II (EUR 383m)26 investmentsFully invested

SEEF I (EUR 235m)40 investmentsFully invested

SEEF II(EUR 300-400m)~EUR 150m committedIn fundraising

86%Institutional

InvestorsPension Funds

59%

Insurances 9%

Banks 7%

FOs 3%

Others 11%

Churches2%

Foundations 9%

SUSI Asia Energy Transition Fund (USD 300m)In fundraising

SUSI Energy Transition Fund (OECD) (EUR1bn)Pre-Marketing

SUSI is managing EUR ~2bn of institutional capital in multiple funds dedicated to all aspects of the Energy Transition, and has completed over 85 transactionsglobally with a installed capacity of 700MW

O u r S t rate g i c L i m i te d Pa r t n e r

Page 8: IMPACT INVESTMENTS: CORPORATE PROFILE

How do we do it? Infrastructure-as-a-Service (IaaS)

Page 9: IMPACT INVESTMENTS: CORPORATE PROFILE

OUTRIGHT IMPLEMENTATION w MAINTAINENCE (OPM)

Implementation & project execution via a turnkey basis including supply, install, testing and commissioning.

A full operations and maintenance contract by INVEN provides CLIENT with a care free solution while ensuring longevity and efficiencies of the system protecting it from premature wear and tear.

INVEN will assist on the financial and commercial aspects such as tax applications & financing from banks

CLIENT will benefit entirely on the energy cost savings achieved

BUILD, OWN, OPERATE & TRANSFER via IaaS (IaaS)

Implementation & project execution via a turnkey basis including financing, supply, install, testing & commissioning, operations and maintenance.

This option entails ZERO CAPEX contribution on the part of CLIENT

A full operations and maintenance contract by INVEN provides CLIENT with a care free solution while ensuring longevity and efficiencies of the systems protecting it from premature wear and tear.

INVEN & CLIENT will share the energy costs savings achieved

I m p l e m e ntat i o n Opt ions

Page 10: IMPACT INVESTMENTS: CORPORATE PROFILE

Green Energy Companies

Global Strategic Technology Partners

(GSTP)

ESG Investment Fund & Banks

Innovative & Sustainable Financing Structures

Joint Operation & Maintenance (O&M) with

technology partners

$$

$$

Fixed Capacity Payment via IaaS - EPC

Natural Gas / Waste Heat / Biogas

Lower energy cost & Co2 emissions

I a a S - E n e rg y Pe r fo r m a n c e C o nt ra c t

DATA ANALYTICS IOT

GREEN CERTIFICATION

SYSTEM INTEGRATION

Page 11: IMPACT INVESTMENTS: CORPORATE PROFILE

Turnkey Solutions are coupled with experienced consultants and contractors in various fields of mechanical, electrical, civil and structural engineering.

Specific advisory and project management services are provided if required by the client to enhance its current plant efficiency in line with our system.

S p e c i a l i ze d E P C I C S e r v i c e s

Engineering, Procurement, Construction, Installation and Commissioning

Page 12: IMPACT INVESTMENTS: CORPORATE PROFILE

C e nt ra l i ze d Re m o te M o n i to r i n g

Our Centralised One-Stop Centre is designed to provide its clients with a care free solution while ensuring maximum efficiencies and savings are achieved via remote monitoring.

Modules are completely automatic, minimizing the labour.

Page 13: IMPACT INVESTMENTS: CORPORATE PROFILE

OPERATIONAL & ENVIRONMENTAL BENEFITS

FINANCIAL BENEFITS

• Base Load Electricity Supply

• Reduced Primary Energy Usage

• Reduces CO2 & GHG Emissions

• Higher Electrical & Thermal Efficiency

• Additional Security of Supply

• Reduced Transmission Losses

• Contribute to CSR Objectives

• Use of Waste Heat in Absorption Chiller

• Significantly Reduces Energy Costs

• Stabilised Electricity Costs

• Reduced Investments in Surrounding

Plants (e.g. Boilers)

• Qualify for Additional Tax Incentives

• Fleixible Procurement Options

• Possible Eligibility for Future Feed-in-

Tariffs (FIT)

O v e r a l l B e n e f i t s o f O u r S o l u t i o n s

Page 14: IMPACT INVESTMENTS: CORPORATE PROFILE

P ro j e c t I m p l e m e n t a t i o n T i m e l i n e

Total Project Timeline = 6 - 15 Months

Page 15: IMPACT INVESTMENTS: CORPORATE PROFILE

STRICTLY PRIVATE AND CONFIDENTIAL

Funding Security

Reputable Partner With Strong Sector Expertise

Covering The Entire Energy Transition

Infrastructure Market

Proven Track Record AndExecution Capabilities

The Invest Energy development team has a combined >40 years of experience in Southeast Asian power markets

Significant experience in executing sustainable energy transactions having completed over10 deals since inception

Increasing efficiency of both the development and financing processes, leading tocontinuous pipeline and revenue growth leading to further investment possibilities

Strong senior management team with the requisite experience and strategic outlook to pursue pragmatic solutions and manage overall project risk

Long-term partners committed to longer team vision hence global standards for system delivery and project execution

INVEST ENERGY and it’s partners brings its best-in-class expertise, acquired through significant deal experience in the sustainableinfrastructure sector. Its knowledgeable investment and execution team positions it as a long-term partner for project developers inthe sector.

Substantial Sector Expertise

A d d e d V a l u e

Page 16: IMPACT INVESTMENTS: CORPORATE PROFILE

Important NoticeReceipt of this document constitutes agreement and consent to the confidentiality of its contents. This document and all information contained herein are theproperty of Invest Energy Sdn. Bhd. and is issued in confidence and must not be reproduced in whole or in part given or communicated to any third party withoutthe prior written consent of Invest Energy Sdn. Bhd.

CONTACT US:-

Wisma KONPRO1, Persiaran Teknologi Subang,Subang Hi-Tech Industrial Park,47500 Subang Jaya, Selangor Darul Ehsan, MalaysiaTel: 603-56334088/ Fax: 603-56347930Web: http://www.investenergygroup.com

2017BEST

INNOVATION IN SUSTAINABILITY

Waste-to-Energy Company of the

Year Award

Fast Growing Project

Management Company for

Renewable Energy Award