Thegeneration Inexus Group networks next INEXUS GROUP ASSET OWNERSHIP INEXUS GROUP – ASSET OWNER • Regulated Utility Asset Owner • 600,000 Utility Connections • 1,500 New Connections Per Week • Distributor NOT Supplier • Value from Use-of-Assets • We Invest In Assets • Open Access – Choice of Supplier • Gas, Electricity, Water, Fibre, Heat Construction Channels Inexus Asset Owners Adoption Channels Metropolitan Build Networks IPL Developers / House Builders Gas IWNL Water IPNL Electricity IFNL Fibre ICHL Heating IML Metering Metropolitan rd 3 Party Utility Infrastructure Providers Adoption of Assets Adoption of Assets Envoy Invest in long-life assets, secure revenues End Customers Experience From Utility Sector • Breaking Into Monopoly Markets – Gas / Electric / Water / Fibre / Heat • Competition – Generation / Supply / Distribution – Construction / Asset Ownership / Management – Freedom to choose supplier • Initial Reluctance To Embrace Change – Up Stream Utility Companies – Suppliers Market Today • Now Want Sustainable Solution – Low carbon energy – Legal requirement – Reduced use of water – Legal requirement – Affordable broadband • Need to ‘Future Proof’ • Higher Cost - Needs – Investment / Innovation / Partnerships • Developers ask for – ‘MUSCo’ – Integrated Utility & Energy Solution – Support in planning King’s Cross King’s Cross – 50% Carbon Saved • Integrated Utility & Energy Solution • Applied Utility Model to Energy Sector • Split Supply & Distribution – Distribution - Metropolitan own all site wide assets • Electricity, Water, Wastewater, Gas, Heat and Fibre – Supply - Heat supplied by ESCo • Regulated Asset Ownership – Certainty for Investors – Protection for end customers – Freedom to choose Supplier • Open Access Fibre Network King’s Cross - Innovation • Partnership – Argent / Metropolitan • Integrated Utility & Energy Business Plan – Metropolitan own: • Electric, Water, Heat, Fibre, Wastewater, Gas – Synergies in design – Cost effective construction • ESCo shared ownership • Investment – Private Sector – Argent invest in ESCo – Metropolitan invest in site wide assets Thegeneration Inexus Group networks next