Corporate Snapshot WV Energie AG July 13 About us 2 WV Energie AG: Facts & Figures A joint venture of (primarily) municipal companies in Germany Founded in: 1904 Legal Form: Joint stock company Stockholders: 200 (primarily) municipal companies, and the management Headquarters: Frankfurt am Main Turnover*: € 62 million No. of Employees*: 69 Management: Heinrich Bettelhäuser (CEO) Supervisory Board: 12 members (2011), representatives from the worlds of politics and business, preferentially from municipals enterprises Advisory Board: 12 members from important municipal enterprises *2011, whole WV-group 3 WV Energie AG: Locations psg GmbH M-Exchange AG E-Procurement Services General Manager: M. Berner Erfurt Branch Dipl.-Chem. B. Pinkepank KNK Onventus GmbH Onshore Wind Power Headquarters WV Energie AG KNK Onventus GmbH KNK Wind GmbH Lohmar Erfurt Partner Ultility Viernheim Frankfurt General Manager: Dr. R. Franke Administration Energy Team Wind Power Projects CEO: H. Bettelhäuser Energy Management Viernheim em.serv GmbH Munich Branch Dipl.-Ing. U. Behr Energy Management Energy Trading General Manager: H. Bettelhäuser Munich KNK Wind GmbH OWF Arcadis Ost 1 4 WV Energie AG: Stockholders Our stockholders are distributed all over Germany. WV Energie AG evolved from a joint venture of German municipal gas utilities („Wirtschaftliche Vereinigung deutscher Gaswerke AG“). Today, around 200 stockholders hold shares in the company. 5 WV Energie AG: Corporate Structure WV Energie AG Frankfurt a.M. Trading / Services / Investment Management / Energy Division (DEO) 50% 25% 25% 100% 93% 100% 38,5% WV Versicherungsmakler GmbH Innovation Congress GmbH Conergia GmbH & Co. KG PSG Procurement Services GmbH M-Exchange em.serv GmbH enyco AG Frankfurt a.M. Cologne Alzenau Lohmar Lohmar Frankfurt a.M. Ottobrunn Insurance Consulting Events & Seminars Contracting Procurement Services E-Procurement, EDM on-demand Services Energy Industry Online Platform for Energy Trading 4% Gen. Partner 0% | 100% 33,33% | Gen. Partner 0% 33,33% UGE Holzhausen GmbH & Co. KG KNK Onventus GmbH Windkraft Bayern GmbH W.k.B. Roßbacher Forst GmbH & Co. KG Meißen Frankfurt a.M. Trostberg Trostberg Project Company WF Holzhausen Onshore Wind Power Onshore Wind Power Bavaria Project Company WF Roßb. Forst 100% | Gen. Partner 0% 100% 49 % | 51% 43% 100% 90% 100% KNK O.B. Windkraftbet. GmbH & Co. KG KNK Ocean Breeze GmbH IOLOS AG KNK Wind GmbH KNK Concordia GmbH KNK Vineta GmbH GW II Windkraftbeteiligungs GmbH Frankfurt a.M. Frankfurt a.M. Frankfurt a.M. Frankfurt a.M. Frankfurt a.M. Frankfurt a.M. Frankfurt a.M. Offshore Wind Power Offshore Wind Power Offshore Wind Power Project Company OWF Arcadis Ost 1 Project Company OWF Concordia Project Company OWF Vineta Offshore Wind Power 100% 90% | Gen. Partner 1% 100% 100% 65% 100% Gen. Partner 1% WV Pensionswerk e.V. KNK Carbo Store GmbH & Co. KG WV Service GmbH KNK Kraftwerksbet. GmbH & Co. KG WV PS Kraftwerke GmbH KNK Thermo Solar Power GmbH Trakia Solar Developm. 1 Ltd. Frankfurt a.M. Frankfurt a.M. Frankfurt a.M. Frankfurt a.M. Frankfurt a.M. Frankfurt a.M. Sofia, Bulgarien CTA Project Company CCS Services SPV Power Plants Admin. of SPV Power Plant SPV Solar Thermal Power PV Project Bulgaria 6 WV Energie AG: Activities For more than 100 years, we have been working together with municipal companies to ensure a reliable, modern energy supply. Site development for both conventional and renewable energy power plants with a focus on wind power projects Coordination and initiative of cooperations within the (mainly municipal) energy sector (e.g. FTTX-consortia) Services for energy utilities, consulting Energy management services (grid and sales) Energy trading, materials management services Electronic transaction platforms Insurance services 7 Projects 8 Offshore Wind Power WV Energie AG both develops offshore wind farms in the North Sea and Baltic Sea and offers connected services. Joint ventures together with project developers and energy utilities from Germany, Austria and Switzerland Projects und Project Companies: Arcadis Ost 1 (Baltic Sea) / 350 MWe KNK Wind GmbH Concordia 1 & 2 (North Sea) / 1000 MWe KNK Concordia GmbH Vineta GmbH (Baltic Sea) / 400 MWe KNK Vineta GmbH Bild: Fotolia 9 Arcadis Ost 1 | Germany, 12 Nautical Mile Limit, Territorial Sea of MWP Project Company: KNK Wind GmbH Location: German Baltic Sea, 19 km northeast of Kap Arkona/Rügen, Mecklenburg-Western Pomerania Status: Regional planning procedure (“ROV“) concluded in February 2013; completion of approval („BImsch“) is expected in Q4 2013 Arcadis Ost 1 Capacity: 58 plants, appr. 350 MWe Planned Area: Max. elongation northsoutheast appr. 15 km, elongation north-southwest appr. 3.5 km Area Size: 30 km² Water Depth: max. 46 m 10 OWP Concordia 1 + 2 | Germany, EEZ, North Sea Project Company: KNK Concordia GmbH Source: BSH Location: German North Sea, 156 km distance to shore Status: WV applied for development approval with the BHS in April 2012. Estimated development time until approval notification by BHS: 4.5 years OWPs Concordia 1 + 2 Capacity: 2x 80 plants; min. 2x 500 MW = 1000 MW 2 Planned Areas Water Depth: appr. 45 m 11 OWP Vineta | Germany, 12 Nautical Mile Limit, Territorial Sea of MWP Project Company: KNK Vineta GmbH Location of Suitable Area: German Baltic Sea, min. 19 km distance to shore Status: Ongoing ecological studies and application with the Ministry of Energy, Infrastructure and Regional Development of Mecklenburg-Western Pomerania with the aim to include Vineta as a „suitable marine area“ for offshore wind power in the State Spatial Development Programme. Capacity: 50 - 60 plants; 400 MW Water Depth: appr. 20 m Suitable area west of Rostock Source: BSH 12 Onshore Wind Power Onshore wind power projects of WV Energie AG are handled by its subsidiary KNK Onventus GmbH. Founded in 2012, WV‘s onshore branch benefits from the company‘s experience and expertise in offshore wind power projects. Acquisition and disposal of turn-key projects Low-risk participation models for prospects interested in the renewables power generation Mediacy of development and investment opportunities in wind farms and establishment of partner networks (developers, operators, investors, utilities and municipalities) Site development: own projects and services for third party wind farms 13 IOLOS: SPV for Wind Power Investments energy utilities institutional investors 100 % private investors equity management company IOLOS debt capital + hybrids ARCADIS OST 1 VINETA offshore project 3 offshore project 4 offshore projects UK, GER, NL other projects in the renewables sector project investors project investors project investors project investors project investors project investors (equity + debt) (equity + debt) (equity + debt) (equity + debt) (equity + debt) (equity + debt) 14 Pumped Storage Plants WV Energie AG works on the development of two pumped-storage hydropower stations in Germany and a bordering country. Pumped-storage hydropower stations have a upper and a lower water reservoir. During off-peak hours, water gets pumped from the lower to the upper reservoir. During peak-load periods, the masonry dam is opened. The flowing water drives power generators in the plant which create the needed electricty.. Quelle: DNA 15 Autonomous Units, Consortia 16 M-Exchange AG The leading provider of e-procurement services for energy utilities, public transportation and municipal enterprises (e.g. “Stadtwerke”) in Germany. High quality software applications for electronic procurement (e-procurement) in the ASP service Individual integration into the client system (focus: SAP) EDM energy data management platform as a joint platform More Information: www.m-exchange.de 17 PSG GmbH One of the leading procurement service providers in Germany. Outsourcing of c–parts Special procurement Procurement via e-catalogue E-procurement platforms More information: www.ips-psg.de 18 em.serv GmbH WV‘s subsidiary em.serv GmbH offers a wide range of services for clients and partners in the energy sector. Focus on energy (data) management services (grid and sales) Modular service package: establishment of services for new energy utilities (incl. IT systems) electricity and gas procurement management of accounting grids, Bilanzkreismanagement, market communication establishment of customer portals billing, including out-of-court claim management and more! 19 WV Versicherungsmakler GmbH Insurance services for the utility sector and municipal companies. In 1983, a joint interest of utilities in special insurance services lead to the founding of WV Versicherungsmakler GmbH. WV Energie AG is associated with one of the largest global insurance brokers: Willis GmbH & Co. KG More than 300 clients in the utility and municipal sector Comprehensive experience means ideal risk management 20 Consortia FTTx Smart Home Joint development of a glass fiber strategy in cooperation with the VKU (= Association of Municipal Companies) Development of smart home solutions for the energy sector, together with renowned partners Lobby for municipal utilities and companies, as well as for partnering companies from the industry Lobby for municipal utilities and companies, as well as for partnering companies from the industry Pool for topics dealing with glass fiber Pool for topics dealing with home automation and smart home solutions Exchange of know-how / knowledge transfer between members Exchange of know-how / knowledge transfer between members Joint development of a glass fiber strategy Establishment of pilot projects & joint ventures Synergies in realisation of glass fiber expansion Organisation of workshops 21 WV Energie AG Kennedyallee 89 60596 Frankfurt am Main Tel.: Fax: Email: Homepage: +49 (0)69 / 63 15 87-0 +49 (0)69 / 63 15 87-24 info@wvag.de www.wvag.de 22