p40 gve projects ltd. nigeria gve projects ltd. nigeria cti pfan ... planning expert (7-years) ......
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P40 GVE Projects Ltd Nigeria
CTI PFAN West Africa Regional Coordinator
Albert Boateng
E-mail albertboatengppl-intcom
Phone (233) 275960468
Mentor
Peter Owunna
E-mail peterxslncecom
Phone 234 803 553 1199
Green Village Electricity ProjecttradeAn Affordable Off-Grid PV Solar Electricity Solution for Rural off-Grid
Communities in Nigeria
infogve-groupcomwwwgve-groupcom
CTI-PFAN WAFCEF-2 Investment Forum September 2015
An Initiative of GVE Projects Limited Nigeria
2
Current Source of Energy Candles Kerosene Gasoline and Diesel Generators
Current Average Spend for Energy per month N9400 ($4700)
Total Estimated Energy Requirement for target
communities (Market Size)
100MW
Total Availability from GVE -Ptrade (Phase 1) 178MW
GVE average Tariffmetered Rate N120 ($06) kWh
GVE average spend per household per month N2871 ($1436)
bull Green Village Electricity (GVE) Project is a multi-phased Rural Electrification Scheme
bull Designed to provide clean energy to off-grid rural townships and communities in South Southern and South Eastern Nigeria
bull Project Scopebull Mini Solar PV Plants (34kWp ndash 100kWp) Isolated Electricity Distribution
(IED) Grids bull Electricity metered to homes businesses and artisanal outletsbull Energy utilization for lighting food processing phone charging stations
Irrigation TV refrigeration amongst other needsbull Avg consumption per user = 05kWh ndash 25kWh per day
Value Proposition
Results of Survey carried out in 2012 of 28 off-grid communities in Niger Delta
4
GROWTH PLAN
Period Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Total
No of New Sites Deployed 12 52 100 135 150 75 524
The Business Model
5
Pilot (III)
Capacity 9kWp
Cost USD 6000000
Location Egbeke ndash Etche Rivers State Nigeria
Year of Completion March 2015
Impact(s)720people 36 jobs 136MT of CO2
45 ($12) reduction in HH energy expenditure
Pilot (IV)
Capacity 34kWp
Cost USD 22000000
Location Bisanti ndash Katcha Niger State Nigeria
Year of Completion September 2015
Impact(s)1600people 90 jobs 517MT of CO2
45 ($12) reduction in HH energy expenditure
Pilot (I)
Capacity 6kWp
Cost USD 7500000
Location Egbeke ndash Etche Rivers State Nigeria
Year of Completion September 2013
Impact(s) 480people 20 jobs 913MT of CO2
45 ($12) reduction in HH energy expenditure
Pilot (II)
Capacity 9kWp
Cost USD6000000
Location Egbeke ndash Etche Rivers State Nigeria
Year of Completion March 2015
Impact(s)720people 36 jobs 136MT of CO2
45 ($12) reduction in HH energy expenditure
Past Project Experience (Executed Pilots)
6
Pilot Projects in Photos
bull US$14million raised and committed to six pilot projects till date
bull Rated by USAID and GIZ as the ideal model for advancing energy access in Nigeria
bull Listed among Sankalp Forumrsquos top-60 promising Sub Saharan Africa SMEs 2015
bull Model is Scalable to Meet Specific Community Needs
bull Model has Directly Measurable Environ-Socio-Economic Impact
7
AwardsbullFinalist City Mart City of Lagos Off-Grid Power Solution Challenge June 2014bullWinner GE Africa USADF Power Africa Off-Grid Energy Access Challenge Nov 2013bullWinner UNDP Bank of Industry ndashNigeria Access to Renewable Project Nigeria Dec 2012
bullWinner IEEE Presidentsrsquo Change the World Project Challenge 2009bullThe Project has been awarded 5 years pioneer status incentive
Project Heritage
Corporate Partnerships
PROJECT FINANCING SUMMARY
Total Debt Requirement $ 6091439861
Total Equity Requirement $ 2783455541
Total Financing $8874895402
USES OF FUNDS
Equipment amp Machinery $ 8686989900
Maintenance Support Pool Vehicles $ 68000000
Project Related Working Capital $ 112116849
Contingency $ 77 88653
Total Cost of Project $8874895402
Investment Ask
PROJECT FINANCING SCHEDULE
Period Year 1 Year 2 Year 3 Year 4 Year 5 Year 6
No of New Sites 12 52 100 135 150 75
New Equity Injection($rsquo000s)
658 1949 2387 1821 666 -
New Debt Injection($rsquo000s)
139257 603447 1047662 1261235 1171351 -
Re-Invested Retained Earnings ($rsquo000s)
- - 112814 305407 569362 880904
RATIOS YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 6 YEAR 7 YEAR 8 YEAR 9 YEAR 10
DSCR 118 147 154 156 159 170 170 170 170 170
Interest Cover 177 246 280 308 351 436 525 657 926 1734
INVESTMENT ANALYSISROI (5 Years Projection) 39 ROI (10 Years Projection) 216
Payback Period 44 YearsIRR (Unlevered 10 Years Projection) 17NPV 15 (10 Years Projection) $749823346
Investment Returns
Debt Returns
Prospective Investor Profile
Double Bottom Line Investment Appetite
Willing to provide expertise for the growth of the Business
Provide patient capital
Single Digit Long term Debt Financiers
GVE is offering a 25 holding to Equity Investors
High-Yield Investment
Reduced Financial Risks Exposure
Flexible and Positive Business Outlook to Counter Possible Risks
Exit Strategy
Share Buyback
External Investors Buyout andor an IPO
Base Infrastructure
Revenue Streams
Service Offering per Site
GVE
Mini-grid
(240 Clients)
One-time Connection Fee
$2000
Modular Site of
34kWp Each
PAYG Utility Fee
045kWh (off-peak)
$075kWh (peak)
AIPU
$69076
Ave Monthly ARPU
$1125
Site Setup Cost (Equipment Only)
$16578225
Revenue Model
Legend AIPU Average Investment Per User ARPU Average Revenue Per User
Annual Revenue Projections
PERIOD YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 6
Connection Fees 5760000 24960000 48000000 64800000 72000000 36000000
PUE Revenue (USD) 1341068 7152365 18327935 33414954 50178309 58559987
HH Revenue (USD) 52152660 278147520 712753020 1299470445 1951378695 2277332820
Total Annual Revenue $71323344 $374631168 $944032368 $1698419988 $2525161788 $2898932688
LegendPUE Productive Use of Energy
HH Household
Average Annual Revenue USD1996423210
12
Our services is priced lowest based on comparative analysis of the survey of thecommunitiesrsquo ability to pay willingness to pay and need for the services with
The Current National Grid Billing
Current Average Expense per Household on Fuel for Power Generation
Current Average Expense per Household for other household fuel needs
Preferred pay (opinion poll) for uninterrupted power supply
13
0
100
200
300
400
500
600
700
800
900
Average Expenseper Household
with Generators
Average ExpenseFor Households
withoutGenerators
Average Expenseper Household
with PHCN (24hrs)
GVEP Pricing
Preferred Expensefor steady power
supply
Monthly
Quarterly
Annually
Our pricing is the lowest possible cost and can easily be paid by the rural dwellers
Competitive Pricing
Projectrsquos Geographical Coverage
Management Team (All under 30)
Wale Bakare
ED Marketing
Chinedu Azodoh
CFO
Ifeanyi Orajaka
MDCEO
Chuka Eze
CTO
bull BEng ElectElect Engineering FUTO Nigeria
bull Certified Project Managerbull Experience with
ExxonMobil Shell and NIITbull GIS Rural Electrification
Planning Expert (7-Years)bull Member Global Shapersbull Management Trainings
bull Executive Masters Project Management CUPE UK
bull BEng ElectElect Engineering FUTO Nigeria
bull Experience with Shell Interswitch Nigerian Breweries and Airtel Nigeria
bull GIS Rural Electrification Planning Expert (7-Years)
bull Master of Finance MIT Sloan Boston
bull B Eng Illinois Institute of Technology
bull Experience with Barclays Capital Goldman Sachs MediaBridge Capital Advisers LLC and BGL Capital Nigeria
bull President of NSBE IIT
bull LLB amp Chartered Arbitratorbull Lagos Business School
Alumnusbull Trade Sales Manager
Nigerite Ltd (Annual sales portfolio of $308m)
bull Channel Marketing Exec Vlisco Netherland BV (Annual sales portfolio of $615m)
bull Pioneer Company Secretary
15
bull Own Manpower ndash 20 Engineers and 27 Technicians (more to be engaged with growth)
bull Technical Partner 1 (Institute of Electrical Electronics Engineers)
ndash Leading global professional organization with over 400000 Engineers as members
ndash Been Providing Pro Borno Technical support to GVE since 2009
ndash Committed over $300000 (Grant) to our pilot projects till date
ndash IEEE Nigeria Section Chair is GVErsquos Board Chairman
bull Technical Partner 2 (Schneider Electric)
ndash Global Specialist in Energy Systems Energy Management and Automation with over 170000 employees
ndash EPC partner to GVE and OEM of GVErsquos Inverters and Balance of System
ndash Has a dedicated Access to Energy Division
bull Finance Advisory (Mr Michael DeSa) Wall Street Veteran with Senior Management Experiences in Citi Group Merrill Lynch Goldman Sachs etc
Implementation Team
17
Risks Mitigating Factors1 Grid Encroachment Selling generated electricity to the regional grid
Transforming the system into a hybrid grid-tied system
Off-Grid RE solutions as GVErsquos are being promoted for rural electrification
by the FGN amp States with investment protection policies
2 Regulatory Risks bull Implementation of the nationrsquos RE master planbull Policies on RE amp Energy Efficiency in advanced development stagesbull No license and tariff Regulation for small Medium scale systemsbull Recent Governmentrsquos collaboration with major stakeholders in RE
3 Lack of patronage bull GVErsquos Pricing is the best and most attractive compared to other energy
sources including PHCN energy supply
bull GVErsquos Proposed constant power supply will be a huge incentive for
continued patronage
4 Technical Risk Sound Technical Partnerships
Robust Training Program for support Personnel amp Operators
5 Competition Proprietary Model with Intellectual Property Protection
First Movers Advantage
Robust Network of Collaborators
Risk Assessment
18
Sensitivity Analysis
Sensitive Parameters
Results
( US$075kWh peak amp US$045kWh off-peak
Tariffs respectively)
Interest Rate () Capacity Factor () IRR () Pay Back Period (Years) ROI ()
14 80 21 42 258
75 17 44 216
60 (10) 55 89
12 80 23 42 273
75 19 44 232
60 (3) 55 108
8 80 25 42 298
75 22 44 259
60 6 55 141
19
bull Market proven model with Intellectual Property Protection
bull USD14million committed for six pilot projects with four (4)
already completed till date
bull Creates double value for all stakeholders including clients
bull Estimated to off-set 178043MTs of CO2 PA
bull Will create over 10000 Jobs boost rural SMEs productivity and
curb rural to urban migration
bull Seeking $8874895402 on a 3070 Equity-Debt ratio
bull High yield investment with a 17 IRR and 216 ROI
bull Exit Strategy- Share buybacks investor buyout andor an IPO
Why Invest in GVE-Ptrade
Thank you
infogve-groupcomwwwgve-groupcom
Twitter GreenVillageEle
Please do not hesitate to contact us for further inquiries andor requests
20
Green Village Electricity ProjecttradeAn Affordable Off-Grid PV Solar Electricity Solution for Rural off-Grid
Communities in Nigeria
infogve-groupcomwwwgve-groupcom
CTI-PFAN WAFCEF-2 Investment Forum September 2015
An Initiative of GVE Projects Limited Nigeria
2
Current Source of Energy Candles Kerosene Gasoline and Diesel Generators
Current Average Spend for Energy per month N9400 ($4700)
Total Estimated Energy Requirement for target
communities (Market Size)
100MW
Total Availability from GVE -Ptrade (Phase 1) 178MW
GVE average Tariffmetered Rate N120 ($06) kWh
GVE average spend per household per month N2871 ($1436)
bull Green Village Electricity (GVE) Project is a multi-phased Rural Electrification Scheme
bull Designed to provide clean energy to off-grid rural townships and communities in South Southern and South Eastern Nigeria
bull Project Scopebull Mini Solar PV Plants (34kWp ndash 100kWp) Isolated Electricity Distribution
(IED) Grids bull Electricity metered to homes businesses and artisanal outletsbull Energy utilization for lighting food processing phone charging stations
Irrigation TV refrigeration amongst other needsbull Avg consumption per user = 05kWh ndash 25kWh per day
Value Proposition
Results of Survey carried out in 2012 of 28 off-grid communities in Niger Delta
4
GROWTH PLAN
Period Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Total
No of New Sites Deployed 12 52 100 135 150 75 524
The Business Model
5
Pilot (III)
Capacity 9kWp
Cost USD 6000000
Location Egbeke ndash Etche Rivers State Nigeria
Year of Completion March 2015
Impact(s)720people 36 jobs 136MT of CO2
45 ($12) reduction in HH energy expenditure
Pilot (IV)
Capacity 34kWp
Cost USD 22000000
Location Bisanti ndash Katcha Niger State Nigeria
Year of Completion September 2015
Impact(s)1600people 90 jobs 517MT of CO2
45 ($12) reduction in HH energy expenditure
Pilot (I)
Capacity 6kWp
Cost USD 7500000
Location Egbeke ndash Etche Rivers State Nigeria
Year of Completion September 2013
Impact(s) 480people 20 jobs 913MT of CO2
45 ($12) reduction in HH energy expenditure
Pilot (II)
Capacity 9kWp
Cost USD6000000
Location Egbeke ndash Etche Rivers State Nigeria
Year of Completion March 2015
Impact(s)720people 36 jobs 136MT of CO2
45 ($12) reduction in HH energy expenditure
Past Project Experience (Executed Pilots)
6
Pilot Projects in Photos
bull US$14million raised and committed to six pilot projects till date
bull Rated by USAID and GIZ as the ideal model for advancing energy access in Nigeria
bull Listed among Sankalp Forumrsquos top-60 promising Sub Saharan Africa SMEs 2015
bull Model is Scalable to Meet Specific Community Needs
bull Model has Directly Measurable Environ-Socio-Economic Impact
7
AwardsbullFinalist City Mart City of Lagos Off-Grid Power Solution Challenge June 2014bullWinner GE Africa USADF Power Africa Off-Grid Energy Access Challenge Nov 2013bullWinner UNDP Bank of Industry ndashNigeria Access to Renewable Project Nigeria Dec 2012
bullWinner IEEE Presidentsrsquo Change the World Project Challenge 2009bullThe Project has been awarded 5 years pioneer status incentive
Project Heritage
Corporate Partnerships
PROJECT FINANCING SUMMARY
Total Debt Requirement $ 6091439861
Total Equity Requirement $ 2783455541
Total Financing $8874895402
USES OF FUNDS
Equipment amp Machinery $ 8686989900
Maintenance Support Pool Vehicles $ 68000000
Project Related Working Capital $ 112116849
Contingency $ 77 88653
Total Cost of Project $8874895402
Investment Ask
PROJECT FINANCING SCHEDULE
Period Year 1 Year 2 Year 3 Year 4 Year 5 Year 6
No of New Sites 12 52 100 135 150 75
New Equity Injection($rsquo000s)
658 1949 2387 1821 666 -
New Debt Injection($rsquo000s)
139257 603447 1047662 1261235 1171351 -
Re-Invested Retained Earnings ($rsquo000s)
- - 112814 305407 569362 880904
RATIOS YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 6 YEAR 7 YEAR 8 YEAR 9 YEAR 10
DSCR 118 147 154 156 159 170 170 170 170 170
Interest Cover 177 246 280 308 351 436 525 657 926 1734
INVESTMENT ANALYSISROI (5 Years Projection) 39 ROI (10 Years Projection) 216
Payback Period 44 YearsIRR (Unlevered 10 Years Projection) 17NPV 15 (10 Years Projection) $749823346
Investment Returns
Debt Returns
Prospective Investor Profile
Double Bottom Line Investment Appetite
Willing to provide expertise for the growth of the Business
Provide patient capital
Single Digit Long term Debt Financiers
GVE is offering a 25 holding to Equity Investors
High-Yield Investment
Reduced Financial Risks Exposure
Flexible and Positive Business Outlook to Counter Possible Risks
Exit Strategy
Share Buyback
External Investors Buyout andor an IPO
Base Infrastructure
Revenue Streams
Service Offering per Site
GVE
Mini-grid
(240 Clients)
One-time Connection Fee
$2000
Modular Site of
34kWp Each
PAYG Utility Fee
045kWh (off-peak)
$075kWh (peak)
AIPU
$69076
Ave Monthly ARPU
$1125
Site Setup Cost (Equipment Only)
$16578225
Revenue Model
Legend AIPU Average Investment Per User ARPU Average Revenue Per User
Annual Revenue Projections
PERIOD YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 6
Connection Fees 5760000 24960000 48000000 64800000 72000000 36000000
PUE Revenue (USD) 1341068 7152365 18327935 33414954 50178309 58559987
HH Revenue (USD) 52152660 278147520 712753020 1299470445 1951378695 2277332820
Total Annual Revenue $71323344 $374631168 $944032368 $1698419988 $2525161788 $2898932688
LegendPUE Productive Use of Energy
HH Household
Average Annual Revenue USD1996423210
12
Our services is priced lowest based on comparative analysis of the survey of thecommunitiesrsquo ability to pay willingness to pay and need for the services with
The Current National Grid Billing
Current Average Expense per Household on Fuel for Power Generation
Current Average Expense per Household for other household fuel needs
Preferred pay (opinion poll) for uninterrupted power supply
13
0
100
200
300
400
500
600
700
800
900
Average Expenseper Household
with Generators
Average ExpenseFor Households
withoutGenerators
Average Expenseper Household
with PHCN (24hrs)
GVEP Pricing
Preferred Expensefor steady power
supply
Monthly
Quarterly
Annually
Our pricing is the lowest possible cost and can easily be paid by the rural dwellers
Competitive Pricing
Projectrsquos Geographical Coverage
Management Team (All under 30)
Wale Bakare
ED Marketing
Chinedu Azodoh
CFO
Ifeanyi Orajaka
MDCEO
Chuka Eze
CTO
bull BEng ElectElect Engineering FUTO Nigeria
bull Certified Project Managerbull Experience with
ExxonMobil Shell and NIITbull GIS Rural Electrification
Planning Expert (7-Years)bull Member Global Shapersbull Management Trainings
bull Executive Masters Project Management CUPE UK
bull BEng ElectElect Engineering FUTO Nigeria
bull Experience with Shell Interswitch Nigerian Breweries and Airtel Nigeria
bull GIS Rural Electrification Planning Expert (7-Years)
bull Master of Finance MIT Sloan Boston
bull B Eng Illinois Institute of Technology
bull Experience with Barclays Capital Goldman Sachs MediaBridge Capital Advisers LLC and BGL Capital Nigeria
bull President of NSBE IIT
bull LLB amp Chartered Arbitratorbull Lagos Business School
Alumnusbull Trade Sales Manager
Nigerite Ltd (Annual sales portfolio of $308m)
bull Channel Marketing Exec Vlisco Netherland BV (Annual sales portfolio of $615m)
bull Pioneer Company Secretary
15
bull Own Manpower ndash 20 Engineers and 27 Technicians (more to be engaged with growth)
bull Technical Partner 1 (Institute of Electrical Electronics Engineers)
ndash Leading global professional organization with over 400000 Engineers as members
ndash Been Providing Pro Borno Technical support to GVE since 2009
ndash Committed over $300000 (Grant) to our pilot projects till date
ndash IEEE Nigeria Section Chair is GVErsquos Board Chairman
bull Technical Partner 2 (Schneider Electric)
ndash Global Specialist in Energy Systems Energy Management and Automation with over 170000 employees
ndash EPC partner to GVE and OEM of GVErsquos Inverters and Balance of System
ndash Has a dedicated Access to Energy Division
bull Finance Advisory (Mr Michael DeSa) Wall Street Veteran with Senior Management Experiences in Citi Group Merrill Lynch Goldman Sachs etc
Implementation Team
17
Risks Mitigating Factors1 Grid Encroachment Selling generated electricity to the regional grid
Transforming the system into a hybrid grid-tied system
Off-Grid RE solutions as GVErsquos are being promoted for rural electrification
by the FGN amp States with investment protection policies
2 Regulatory Risks bull Implementation of the nationrsquos RE master planbull Policies on RE amp Energy Efficiency in advanced development stagesbull No license and tariff Regulation for small Medium scale systemsbull Recent Governmentrsquos collaboration with major stakeholders in RE
3 Lack of patronage bull GVErsquos Pricing is the best and most attractive compared to other energy
sources including PHCN energy supply
bull GVErsquos Proposed constant power supply will be a huge incentive for
continued patronage
4 Technical Risk Sound Technical Partnerships
Robust Training Program for support Personnel amp Operators
5 Competition Proprietary Model with Intellectual Property Protection
First Movers Advantage
Robust Network of Collaborators
Risk Assessment
18
Sensitivity Analysis
Sensitive Parameters
Results
( US$075kWh peak amp US$045kWh off-peak
Tariffs respectively)
Interest Rate () Capacity Factor () IRR () Pay Back Period (Years) ROI ()
14 80 21 42 258
75 17 44 216
60 (10) 55 89
12 80 23 42 273
75 19 44 232
60 (3) 55 108
8 80 25 42 298
75 22 44 259
60 6 55 141
19
bull Market proven model with Intellectual Property Protection
bull USD14million committed for six pilot projects with four (4)
already completed till date
bull Creates double value for all stakeholders including clients
bull Estimated to off-set 178043MTs of CO2 PA
bull Will create over 10000 Jobs boost rural SMEs productivity and
curb rural to urban migration
bull Seeking $8874895402 on a 3070 Equity-Debt ratio
bull High yield investment with a 17 IRR and 216 ROI
bull Exit Strategy- Share buybacks investor buyout andor an IPO
Why Invest in GVE-Ptrade
Thank you
infogve-groupcomwwwgve-groupcom
Twitter GreenVillageEle
Please do not hesitate to contact us for further inquiries andor requests
20
Current Source of Energy Candles Kerosene Gasoline and Diesel Generators
Current Average Spend for Energy per month N9400 ($4700)
Total Estimated Energy Requirement for target
communities (Market Size)
100MW
Total Availability from GVE -Ptrade (Phase 1) 178MW
GVE average Tariffmetered Rate N120 ($06) kWh
GVE average spend per household per month N2871 ($1436)
bull Green Village Electricity (GVE) Project is a multi-phased Rural Electrification Scheme
bull Designed to provide clean energy to off-grid rural townships and communities in South Southern and South Eastern Nigeria
bull Project Scopebull Mini Solar PV Plants (34kWp ndash 100kWp) Isolated Electricity Distribution
(IED) Grids bull Electricity metered to homes businesses and artisanal outletsbull Energy utilization for lighting food processing phone charging stations
Irrigation TV refrigeration amongst other needsbull Avg consumption per user = 05kWh ndash 25kWh per day
Value Proposition
Results of Survey carried out in 2012 of 28 off-grid communities in Niger Delta
4
GROWTH PLAN
Period Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Total
No of New Sites Deployed 12 52 100 135 150 75 524
The Business Model
5
Pilot (III)
Capacity 9kWp
Cost USD 6000000
Location Egbeke ndash Etche Rivers State Nigeria
Year of Completion March 2015
Impact(s)720people 36 jobs 136MT of CO2
45 ($12) reduction in HH energy expenditure
Pilot (IV)
Capacity 34kWp
Cost USD 22000000
Location Bisanti ndash Katcha Niger State Nigeria
Year of Completion September 2015
Impact(s)1600people 90 jobs 517MT of CO2
45 ($12) reduction in HH energy expenditure
Pilot (I)
Capacity 6kWp
Cost USD 7500000
Location Egbeke ndash Etche Rivers State Nigeria
Year of Completion September 2013
Impact(s) 480people 20 jobs 913MT of CO2
45 ($12) reduction in HH energy expenditure
Pilot (II)
Capacity 9kWp
Cost USD6000000
Location Egbeke ndash Etche Rivers State Nigeria
Year of Completion March 2015
Impact(s)720people 36 jobs 136MT of CO2
45 ($12) reduction in HH energy expenditure
Past Project Experience (Executed Pilots)
6
Pilot Projects in Photos
bull US$14million raised and committed to six pilot projects till date
bull Rated by USAID and GIZ as the ideal model for advancing energy access in Nigeria
bull Listed among Sankalp Forumrsquos top-60 promising Sub Saharan Africa SMEs 2015
bull Model is Scalable to Meet Specific Community Needs
bull Model has Directly Measurable Environ-Socio-Economic Impact
7
AwardsbullFinalist City Mart City of Lagos Off-Grid Power Solution Challenge June 2014bullWinner GE Africa USADF Power Africa Off-Grid Energy Access Challenge Nov 2013bullWinner UNDP Bank of Industry ndashNigeria Access to Renewable Project Nigeria Dec 2012
bullWinner IEEE Presidentsrsquo Change the World Project Challenge 2009bullThe Project has been awarded 5 years pioneer status incentive
Project Heritage
Corporate Partnerships
PROJECT FINANCING SUMMARY
Total Debt Requirement $ 6091439861
Total Equity Requirement $ 2783455541
Total Financing $8874895402
USES OF FUNDS
Equipment amp Machinery $ 8686989900
Maintenance Support Pool Vehicles $ 68000000
Project Related Working Capital $ 112116849
Contingency $ 77 88653
Total Cost of Project $8874895402
Investment Ask
PROJECT FINANCING SCHEDULE
Period Year 1 Year 2 Year 3 Year 4 Year 5 Year 6
No of New Sites 12 52 100 135 150 75
New Equity Injection($rsquo000s)
658 1949 2387 1821 666 -
New Debt Injection($rsquo000s)
139257 603447 1047662 1261235 1171351 -
Re-Invested Retained Earnings ($rsquo000s)
- - 112814 305407 569362 880904
RATIOS YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 6 YEAR 7 YEAR 8 YEAR 9 YEAR 10
DSCR 118 147 154 156 159 170 170 170 170 170
Interest Cover 177 246 280 308 351 436 525 657 926 1734
INVESTMENT ANALYSISROI (5 Years Projection) 39 ROI (10 Years Projection) 216
Payback Period 44 YearsIRR (Unlevered 10 Years Projection) 17NPV 15 (10 Years Projection) $749823346
Investment Returns
Debt Returns
Prospective Investor Profile
Double Bottom Line Investment Appetite
Willing to provide expertise for the growth of the Business
Provide patient capital
Single Digit Long term Debt Financiers
GVE is offering a 25 holding to Equity Investors
High-Yield Investment
Reduced Financial Risks Exposure
Flexible and Positive Business Outlook to Counter Possible Risks
Exit Strategy
Share Buyback
External Investors Buyout andor an IPO
Base Infrastructure
Revenue Streams
Service Offering per Site
GVE
Mini-grid
(240 Clients)
One-time Connection Fee
$2000
Modular Site of
34kWp Each
PAYG Utility Fee
045kWh (off-peak)
$075kWh (peak)
AIPU
$69076
Ave Monthly ARPU
$1125
Site Setup Cost (Equipment Only)
$16578225
Revenue Model
Legend AIPU Average Investment Per User ARPU Average Revenue Per User
Annual Revenue Projections
PERIOD YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 6
Connection Fees 5760000 24960000 48000000 64800000 72000000 36000000
PUE Revenue (USD) 1341068 7152365 18327935 33414954 50178309 58559987
HH Revenue (USD) 52152660 278147520 712753020 1299470445 1951378695 2277332820
Total Annual Revenue $71323344 $374631168 $944032368 $1698419988 $2525161788 $2898932688
LegendPUE Productive Use of Energy
HH Household
Average Annual Revenue USD1996423210
12
Our services is priced lowest based on comparative analysis of the survey of thecommunitiesrsquo ability to pay willingness to pay and need for the services with
The Current National Grid Billing
Current Average Expense per Household on Fuel for Power Generation
Current Average Expense per Household for other household fuel needs
Preferred pay (opinion poll) for uninterrupted power supply
13
0
100
200
300
400
500
600
700
800
900
Average Expenseper Household
with Generators
Average ExpenseFor Households
withoutGenerators
Average Expenseper Household
with PHCN (24hrs)
GVEP Pricing
Preferred Expensefor steady power
supply
Monthly
Quarterly
Annually
Our pricing is the lowest possible cost and can easily be paid by the rural dwellers
Competitive Pricing
Projectrsquos Geographical Coverage
Management Team (All under 30)
Wale Bakare
ED Marketing
Chinedu Azodoh
CFO
Ifeanyi Orajaka
MDCEO
Chuka Eze
CTO
bull BEng ElectElect Engineering FUTO Nigeria
bull Certified Project Managerbull Experience with
ExxonMobil Shell and NIITbull GIS Rural Electrification
Planning Expert (7-Years)bull Member Global Shapersbull Management Trainings
bull Executive Masters Project Management CUPE UK
bull BEng ElectElect Engineering FUTO Nigeria
bull Experience with Shell Interswitch Nigerian Breweries and Airtel Nigeria
bull GIS Rural Electrification Planning Expert (7-Years)
bull Master of Finance MIT Sloan Boston
bull B Eng Illinois Institute of Technology
bull Experience with Barclays Capital Goldman Sachs MediaBridge Capital Advisers LLC and BGL Capital Nigeria
bull President of NSBE IIT
bull LLB amp Chartered Arbitratorbull Lagos Business School
Alumnusbull Trade Sales Manager
Nigerite Ltd (Annual sales portfolio of $308m)
bull Channel Marketing Exec Vlisco Netherland BV (Annual sales portfolio of $615m)
bull Pioneer Company Secretary
15
bull Own Manpower ndash 20 Engineers and 27 Technicians (more to be engaged with growth)
bull Technical Partner 1 (Institute of Electrical Electronics Engineers)
ndash Leading global professional organization with over 400000 Engineers as members
ndash Been Providing Pro Borno Technical support to GVE since 2009
ndash Committed over $300000 (Grant) to our pilot projects till date
ndash IEEE Nigeria Section Chair is GVErsquos Board Chairman
bull Technical Partner 2 (Schneider Electric)
ndash Global Specialist in Energy Systems Energy Management and Automation with over 170000 employees
ndash EPC partner to GVE and OEM of GVErsquos Inverters and Balance of System
ndash Has a dedicated Access to Energy Division
bull Finance Advisory (Mr Michael DeSa) Wall Street Veteran with Senior Management Experiences in Citi Group Merrill Lynch Goldman Sachs etc
Implementation Team
17
Risks Mitigating Factors1 Grid Encroachment Selling generated electricity to the regional grid
Transforming the system into a hybrid grid-tied system
Off-Grid RE solutions as GVErsquos are being promoted for rural electrification
by the FGN amp States with investment protection policies
2 Regulatory Risks bull Implementation of the nationrsquos RE master planbull Policies on RE amp Energy Efficiency in advanced development stagesbull No license and tariff Regulation for small Medium scale systemsbull Recent Governmentrsquos collaboration with major stakeholders in RE
3 Lack of patronage bull GVErsquos Pricing is the best and most attractive compared to other energy
sources including PHCN energy supply
bull GVErsquos Proposed constant power supply will be a huge incentive for
continued patronage
4 Technical Risk Sound Technical Partnerships
Robust Training Program for support Personnel amp Operators
5 Competition Proprietary Model with Intellectual Property Protection
First Movers Advantage
Robust Network of Collaborators
Risk Assessment
18
Sensitivity Analysis
Sensitive Parameters
Results
( US$075kWh peak amp US$045kWh off-peak
Tariffs respectively)
Interest Rate () Capacity Factor () IRR () Pay Back Period (Years) ROI ()
14 80 21 42 258
75 17 44 216
60 (10) 55 89
12 80 23 42 273
75 19 44 232
60 (3) 55 108
8 80 25 42 298
75 22 44 259
60 6 55 141
19
bull Market proven model with Intellectual Property Protection
bull USD14million committed for six pilot projects with four (4)
already completed till date
bull Creates double value for all stakeholders including clients
bull Estimated to off-set 178043MTs of CO2 PA
bull Will create over 10000 Jobs boost rural SMEs productivity and
curb rural to urban migration
bull Seeking $8874895402 on a 3070 Equity-Debt ratio
bull High yield investment with a 17 IRR and 216 ROI
bull Exit Strategy- Share buybacks investor buyout andor an IPO
Why Invest in GVE-Ptrade
Thank you
infogve-groupcomwwwgve-groupcom
Twitter GreenVillageEle
Please do not hesitate to contact us for further inquiries andor requests
20
4
GROWTH PLAN
Period Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Total
No of New Sites Deployed 12 52 100 135 150 75 524
The Business Model
5
Pilot (III)
Capacity 9kWp
Cost USD 6000000
Location Egbeke ndash Etche Rivers State Nigeria
Year of Completion March 2015
Impact(s)720people 36 jobs 136MT of CO2
45 ($12) reduction in HH energy expenditure
Pilot (IV)
Capacity 34kWp
Cost USD 22000000
Location Bisanti ndash Katcha Niger State Nigeria
Year of Completion September 2015
Impact(s)1600people 90 jobs 517MT of CO2
45 ($12) reduction in HH energy expenditure
Pilot (I)
Capacity 6kWp
Cost USD 7500000
Location Egbeke ndash Etche Rivers State Nigeria
Year of Completion September 2013
Impact(s) 480people 20 jobs 913MT of CO2
45 ($12) reduction in HH energy expenditure
Pilot (II)
Capacity 9kWp
Cost USD6000000
Location Egbeke ndash Etche Rivers State Nigeria
Year of Completion March 2015
Impact(s)720people 36 jobs 136MT of CO2
45 ($12) reduction in HH energy expenditure
Past Project Experience (Executed Pilots)
6
Pilot Projects in Photos
bull US$14million raised and committed to six pilot projects till date
bull Rated by USAID and GIZ as the ideal model for advancing energy access in Nigeria
bull Listed among Sankalp Forumrsquos top-60 promising Sub Saharan Africa SMEs 2015
bull Model is Scalable to Meet Specific Community Needs
bull Model has Directly Measurable Environ-Socio-Economic Impact
7
AwardsbullFinalist City Mart City of Lagos Off-Grid Power Solution Challenge June 2014bullWinner GE Africa USADF Power Africa Off-Grid Energy Access Challenge Nov 2013bullWinner UNDP Bank of Industry ndashNigeria Access to Renewable Project Nigeria Dec 2012
bullWinner IEEE Presidentsrsquo Change the World Project Challenge 2009bullThe Project has been awarded 5 years pioneer status incentive
Project Heritage
Corporate Partnerships
PROJECT FINANCING SUMMARY
Total Debt Requirement $ 6091439861
Total Equity Requirement $ 2783455541
Total Financing $8874895402
USES OF FUNDS
Equipment amp Machinery $ 8686989900
Maintenance Support Pool Vehicles $ 68000000
Project Related Working Capital $ 112116849
Contingency $ 77 88653
Total Cost of Project $8874895402
Investment Ask
PROJECT FINANCING SCHEDULE
Period Year 1 Year 2 Year 3 Year 4 Year 5 Year 6
No of New Sites 12 52 100 135 150 75
New Equity Injection($rsquo000s)
658 1949 2387 1821 666 -
New Debt Injection($rsquo000s)
139257 603447 1047662 1261235 1171351 -
Re-Invested Retained Earnings ($rsquo000s)
- - 112814 305407 569362 880904
RATIOS YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 6 YEAR 7 YEAR 8 YEAR 9 YEAR 10
DSCR 118 147 154 156 159 170 170 170 170 170
Interest Cover 177 246 280 308 351 436 525 657 926 1734
INVESTMENT ANALYSISROI (5 Years Projection) 39 ROI (10 Years Projection) 216
Payback Period 44 YearsIRR (Unlevered 10 Years Projection) 17NPV 15 (10 Years Projection) $749823346
Investment Returns
Debt Returns
Prospective Investor Profile
Double Bottom Line Investment Appetite
Willing to provide expertise for the growth of the Business
Provide patient capital
Single Digit Long term Debt Financiers
GVE is offering a 25 holding to Equity Investors
High-Yield Investment
Reduced Financial Risks Exposure
Flexible and Positive Business Outlook to Counter Possible Risks
Exit Strategy
Share Buyback
External Investors Buyout andor an IPO
Base Infrastructure
Revenue Streams
Service Offering per Site
GVE
Mini-grid
(240 Clients)
One-time Connection Fee
$2000
Modular Site of
34kWp Each
PAYG Utility Fee
045kWh (off-peak)
$075kWh (peak)
AIPU
$69076
Ave Monthly ARPU
$1125
Site Setup Cost (Equipment Only)
$16578225
Revenue Model
Legend AIPU Average Investment Per User ARPU Average Revenue Per User
Annual Revenue Projections
PERIOD YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 6
Connection Fees 5760000 24960000 48000000 64800000 72000000 36000000
PUE Revenue (USD) 1341068 7152365 18327935 33414954 50178309 58559987
HH Revenue (USD) 52152660 278147520 712753020 1299470445 1951378695 2277332820
Total Annual Revenue $71323344 $374631168 $944032368 $1698419988 $2525161788 $2898932688
LegendPUE Productive Use of Energy
HH Household
Average Annual Revenue USD1996423210
12
Our services is priced lowest based on comparative analysis of the survey of thecommunitiesrsquo ability to pay willingness to pay and need for the services with
The Current National Grid Billing
Current Average Expense per Household on Fuel for Power Generation
Current Average Expense per Household for other household fuel needs
Preferred pay (opinion poll) for uninterrupted power supply
13
0
100
200
300
400
500
600
700
800
900
Average Expenseper Household
with Generators
Average ExpenseFor Households
withoutGenerators
Average Expenseper Household
with PHCN (24hrs)
GVEP Pricing
Preferred Expensefor steady power
supply
Monthly
Quarterly
Annually
Our pricing is the lowest possible cost and can easily be paid by the rural dwellers
Competitive Pricing
Projectrsquos Geographical Coverage
Management Team (All under 30)
Wale Bakare
ED Marketing
Chinedu Azodoh
CFO
Ifeanyi Orajaka
MDCEO
Chuka Eze
CTO
bull BEng ElectElect Engineering FUTO Nigeria
bull Certified Project Managerbull Experience with
ExxonMobil Shell and NIITbull GIS Rural Electrification
Planning Expert (7-Years)bull Member Global Shapersbull Management Trainings
bull Executive Masters Project Management CUPE UK
bull BEng ElectElect Engineering FUTO Nigeria
bull Experience with Shell Interswitch Nigerian Breweries and Airtel Nigeria
bull GIS Rural Electrification Planning Expert (7-Years)
bull Master of Finance MIT Sloan Boston
bull B Eng Illinois Institute of Technology
bull Experience with Barclays Capital Goldman Sachs MediaBridge Capital Advisers LLC and BGL Capital Nigeria
bull President of NSBE IIT
bull LLB amp Chartered Arbitratorbull Lagos Business School
Alumnusbull Trade Sales Manager
Nigerite Ltd (Annual sales portfolio of $308m)
bull Channel Marketing Exec Vlisco Netherland BV (Annual sales portfolio of $615m)
bull Pioneer Company Secretary
15
bull Own Manpower ndash 20 Engineers and 27 Technicians (more to be engaged with growth)
bull Technical Partner 1 (Institute of Electrical Electronics Engineers)
ndash Leading global professional organization with over 400000 Engineers as members
ndash Been Providing Pro Borno Technical support to GVE since 2009
ndash Committed over $300000 (Grant) to our pilot projects till date
ndash IEEE Nigeria Section Chair is GVErsquos Board Chairman
bull Technical Partner 2 (Schneider Electric)
ndash Global Specialist in Energy Systems Energy Management and Automation with over 170000 employees
ndash EPC partner to GVE and OEM of GVErsquos Inverters and Balance of System
ndash Has a dedicated Access to Energy Division
bull Finance Advisory (Mr Michael DeSa) Wall Street Veteran with Senior Management Experiences in Citi Group Merrill Lynch Goldman Sachs etc
Implementation Team
17
Risks Mitigating Factors1 Grid Encroachment Selling generated electricity to the regional grid
Transforming the system into a hybrid grid-tied system
Off-Grid RE solutions as GVErsquos are being promoted for rural electrification
by the FGN amp States with investment protection policies
2 Regulatory Risks bull Implementation of the nationrsquos RE master planbull Policies on RE amp Energy Efficiency in advanced development stagesbull No license and tariff Regulation for small Medium scale systemsbull Recent Governmentrsquos collaboration with major stakeholders in RE
3 Lack of patronage bull GVErsquos Pricing is the best and most attractive compared to other energy
sources including PHCN energy supply
bull GVErsquos Proposed constant power supply will be a huge incentive for
continued patronage
4 Technical Risk Sound Technical Partnerships
Robust Training Program for support Personnel amp Operators
5 Competition Proprietary Model with Intellectual Property Protection
First Movers Advantage
Robust Network of Collaborators
Risk Assessment
18
Sensitivity Analysis
Sensitive Parameters
Results
( US$075kWh peak amp US$045kWh off-peak
Tariffs respectively)
Interest Rate () Capacity Factor () IRR () Pay Back Period (Years) ROI ()
14 80 21 42 258
75 17 44 216
60 (10) 55 89
12 80 23 42 273
75 19 44 232
60 (3) 55 108
8 80 25 42 298
75 22 44 259
60 6 55 141
19
bull Market proven model with Intellectual Property Protection
bull USD14million committed for six pilot projects with four (4)
already completed till date
bull Creates double value for all stakeholders including clients
bull Estimated to off-set 178043MTs of CO2 PA
bull Will create over 10000 Jobs boost rural SMEs productivity and
curb rural to urban migration
bull Seeking $8874895402 on a 3070 Equity-Debt ratio
bull High yield investment with a 17 IRR and 216 ROI
bull Exit Strategy- Share buybacks investor buyout andor an IPO
Why Invest in GVE-Ptrade
Thank you
infogve-groupcomwwwgve-groupcom
Twitter GreenVillageEle
Please do not hesitate to contact us for further inquiries andor requests
20
5
Pilot (III)
Capacity 9kWp
Cost USD 6000000
Location Egbeke ndash Etche Rivers State Nigeria
Year of Completion March 2015
Impact(s)720people 36 jobs 136MT of CO2
45 ($12) reduction in HH energy expenditure
Pilot (IV)
Capacity 34kWp
Cost USD 22000000
Location Bisanti ndash Katcha Niger State Nigeria
Year of Completion September 2015
Impact(s)1600people 90 jobs 517MT of CO2
45 ($12) reduction in HH energy expenditure
Pilot (I)
Capacity 6kWp
Cost USD 7500000
Location Egbeke ndash Etche Rivers State Nigeria
Year of Completion September 2013
Impact(s) 480people 20 jobs 913MT of CO2
45 ($12) reduction in HH energy expenditure
Pilot (II)
Capacity 9kWp
Cost USD6000000
Location Egbeke ndash Etche Rivers State Nigeria
Year of Completion March 2015
Impact(s)720people 36 jobs 136MT of CO2
45 ($12) reduction in HH energy expenditure
Past Project Experience (Executed Pilots)
6
Pilot Projects in Photos
bull US$14million raised and committed to six pilot projects till date
bull Rated by USAID and GIZ as the ideal model for advancing energy access in Nigeria
bull Listed among Sankalp Forumrsquos top-60 promising Sub Saharan Africa SMEs 2015
bull Model is Scalable to Meet Specific Community Needs
bull Model has Directly Measurable Environ-Socio-Economic Impact
7
AwardsbullFinalist City Mart City of Lagos Off-Grid Power Solution Challenge June 2014bullWinner GE Africa USADF Power Africa Off-Grid Energy Access Challenge Nov 2013bullWinner UNDP Bank of Industry ndashNigeria Access to Renewable Project Nigeria Dec 2012
bullWinner IEEE Presidentsrsquo Change the World Project Challenge 2009bullThe Project has been awarded 5 years pioneer status incentive
Project Heritage
Corporate Partnerships
PROJECT FINANCING SUMMARY
Total Debt Requirement $ 6091439861
Total Equity Requirement $ 2783455541
Total Financing $8874895402
USES OF FUNDS
Equipment amp Machinery $ 8686989900
Maintenance Support Pool Vehicles $ 68000000
Project Related Working Capital $ 112116849
Contingency $ 77 88653
Total Cost of Project $8874895402
Investment Ask
PROJECT FINANCING SCHEDULE
Period Year 1 Year 2 Year 3 Year 4 Year 5 Year 6
No of New Sites 12 52 100 135 150 75
New Equity Injection($rsquo000s)
658 1949 2387 1821 666 -
New Debt Injection($rsquo000s)
139257 603447 1047662 1261235 1171351 -
Re-Invested Retained Earnings ($rsquo000s)
- - 112814 305407 569362 880904
RATIOS YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 6 YEAR 7 YEAR 8 YEAR 9 YEAR 10
DSCR 118 147 154 156 159 170 170 170 170 170
Interest Cover 177 246 280 308 351 436 525 657 926 1734
INVESTMENT ANALYSISROI (5 Years Projection) 39 ROI (10 Years Projection) 216
Payback Period 44 YearsIRR (Unlevered 10 Years Projection) 17NPV 15 (10 Years Projection) $749823346
Investment Returns
Debt Returns
Prospective Investor Profile
Double Bottom Line Investment Appetite
Willing to provide expertise for the growth of the Business
Provide patient capital
Single Digit Long term Debt Financiers
GVE is offering a 25 holding to Equity Investors
High-Yield Investment
Reduced Financial Risks Exposure
Flexible and Positive Business Outlook to Counter Possible Risks
Exit Strategy
Share Buyback
External Investors Buyout andor an IPO
Base Infrastructure
Revenue Streams
Service Offering per Site
GVE
Mini-grid
(240 Clients)
One-time Connection Fee
$2000
Modular Site of
34kWp Each
PAYG Utility Fee
045kWh (off-peak)
$075kWh (peak)
AIPU
$69076
Ave Monthly ARPU
$1125
Site Setup Cost (Equipment Only)
$16578225
Revenue Model
Legend AIPU Average Investment Per User ARPU Average Revenue Per User
Annual Revenue Projections
PERIOD YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 6
Connection Fees 5760000 24960000 48000000 64800000 72000000 36000000
PUE Revenue (USD) 1341068 7152365 18327935 33414954 50178309 58559987
HH Revenue (USD) 52152660 278147520 712753020 1299470445 1951378695 2277332820
Total Annual Revenue $71323344 $374631168 $944032368 $1698419988 $2525161788 $2898932688
LegendPUE Productive Use of Energy
HH Household
Average Annual Revenue USD1996423210
12
Our services is priced lowest based on comparative analysis of the survey of thecommunitiesrsquo ability to pay willingness to pay and need for the services with
The Current National Grid Billing
Current Average Expense per Household on Fuel for Power Generation
Current Average Expense per Household for other household fuel needs
Preferred pay (opinion poll) for uninterrupted power supply
13
0
100
200
300
400
500
600
700
800
900
Average Expenseper Household
with Generators
Average ExpenseFor Households
withoutGenerators
Average Expenseper Household
with PHCN (24hrs)
GVEP Pricing
Preferred Expensefor steady power
supply
Monthly
Quarterly
Annually
Our pricing is the lowest possible cost and can easily be paid by the rural dwellers
Competitive Pricing
Projectrsquos Geographical Coverage
Management Team (All under 30)
Wale Bakare
ED Marketing
Chinedu Azodoh
CFO
Ifeanyi Orajaka
MDCEO
Chuka Eze
CTO
bull BEng ElectElect Engineering FUTO Nigeria
bull Certified Project Managerbull Experience with
ExxonMobil Shell and NIITbull GIS Rural Electrification
Planning Expert (7-Years)bull Member Global Shapersbull Management Trainings
bull Executive Masters Project Management CUPE UK
bull BEng ElectElect Engineering FUTO Nigeria
bull Experience with Shell Interswitch Nigerian Breweries and Airtel Nigeria
bull GIS Rural Electrification Planning Expert (7-Years)
bull Master of Finance MIT Sloan Boston
bull B Eng Illinois Institute of Technology
bull Experience with Barclays Capital Goldman Sachs MediaBridge Capital Advisers LLC and BGL Capital Nigeria
bull President of NSBE IIT
bull LLB amp Chartered Arbitratorbull Lagos Business School
Alumnusbull Trade Sales Manager
Nigerite Ltd (Annual sales portfolio of $308m)
bull Channel Marketing Exec Vlisco Netherland BV (Annual sales portfolio of $615m)
bull Pioneer Company Secretary
15
bull Own Manpower ndash 20 Engineers and 27 Technicians (more to be engaged with growth)
bull Technical Partner 1 (Institute of Electrical Electronics Engineers)
ndash Leading global professional organization with over 400000 Engineers as members
ndash Been Providing Pro Borno Technical support to GVE since 2009
ndash Committed over $300000 (Grant) to our pilot projects till date
ndash IEEE Nigeria Section Chair is GVErsquos Board Chairman
bull Technical Partner 2 (Schneider Electric)
ndash Global Specialist in Energy Systems Energy Management and Automation with over 170000 employees
ndash EPC partner to GVE and OEM of GVErsquos Inverters and Balance of System
ndash Has a dedicated Access to Energy Division
bull Finance Advisory (Mr Michael DeSa) Wall Street Veteran with Senior Management Experiences in Citi Group Merrill Lynch Goldman Sachs etc
Implementation Team
17
Risks Mitigating Factors1 Grid Encroachment Selling generated electricity to the regional grid
Transforming the system into a hybrid grid-tied system
Off-Grid RE solutions as GVErsquos are being promoted for rural electrification
by the FGN amp States with investment protection policies
2 Regulatory Risks bull Implementation of the nationrsquos RE master planbull Policies on RE amp Energy Efficiency in advanced development stagesbull No license and tariff Regulation for small Medium scale systemsbull Recent Governmentrsquos collaboration with major stakeholders in RE
3 Lack of patronage bull GVErsquos Pricing is the best and most attractive compared to other energy
sources including PHCN energy supply
bull GVErsquos Proposed constant power supply will be a huge incentive for
continued patronage
4 Technical Risk Sound Technical Partnerships
Robust Training Program for support Personnel amp Operators
5 Competition Proprietary Model with Intellectual Property Protection
First Movers Advantage
Robust Network of Collaborators
Risk Assessment
18
Sensitivity Analysis
Sensitive Parameters
Results
( US$075kWh peak amp US$045kWh off-peak
Tariffs respectively)
Interest Rate () Capacity Factor () IRR () Pay Back Period (Years) ROI ()
14 80 21 42 258
75 17 44 216
60 (10) 55 89
12 80 23 42 273
75 19 44 232
60 (3) 55 108
8 80 25 42 298
75 22 44 259
60 6 55 141
19
bull Market proven model with Intellectual Property Protection
bull USD14million committed for six pilot projects with four (4)
already completed till date
bull Creates double value for all stakeholders including clients
bull Estimated to off-set 178043MTs of CO2 PA
bull Will create over 10000 Jobs boost rural SMEs productivity and
curb rural to urban migration
bull Seeking $8874895402 on a 3070 Equity-Debt ratio
bull High yield investment with a 17 IRR and 216 ROI
bull Exit Strategy- Share buybacks investor buyout andor an IPO
Why Invest in GVE-Ptrade
Thank you
infogve-groupcomwwwgve-groupcom
Twitter GreenVillageEle
Please do not hesitate to contact us for further inquiries andor requests
20
6
Pilot Projects in Photos
bull US$14million raised and committed to six pilot projects till date
bull Rated by USAID and GIZ as the ideal model for advancing energy access in Nigeria
bull Listed among Sankalp Forumrsquos top-60 promising Sub Saharan Africa SMEs 2015
bull Model is Scalable to Meet Specific Community Needs
bull Model has Directly Measurable Environ-Socio-Economic Impact
7
AwardsbullFinalist City Mart City of Lagos Off-Grid Power Solution Challenge June 2014bullWinner GE Africa USADF Power Africa Off-Grid Energy Access Challenge Nov 2013bullWinner UNDP Bank of Industry ndashNigeria Access to Renewable Project Nigeria Dec 2012
bullWinner IEEE Presidentsrsquo Change the World Project Challenge 2009bullThe Project has been awarded 5 years pioneer status incentive
Project Heritage
Corporate Partnerships
PROJECT FINANCING SUMMARY
Total Debt Requirement $ 6091439861
Total Equity Requirement $ 2783455541
Total Financing $8874895402
USES OF FUNDS
Equipment amp Machinery $ 8686989900
Maintenance Support Pool Vehicles $ 68000000
Project Related Working Capital $ 112116849
Contingency $ 77 88653
Total Cost of Project $8874895402
Investment Ask
PROJECT FINANCING SCHEDULE
Period Year 1 Year 2 Year 3 Year 4 Year 5 Year 6
No of New Sites 12 52 100 135 150 75
New Equity Injection($rsquo000s)
658 1949 2387 1821 666 -
New Debt Injection($rsquo000s)
139257 603447 1047662 1261235 1171351 -
Re-Invested Retained Earnings ($rsquo000s)
- - 112814 305407 569362 880904
RATIOS YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 6 YEAR 7 YEAR 8 YEAR 9 YEAR 10
DSCR 118 147 154 156 159 170 170 170 170 170
Interest Cover 177 246 280 308 351 436 525 657 926 1734
INVESTMENT ANALYSISROI (5 Years Projection) 39 ROI (10 Years Projection) 216
Payback Period 44 YearsIRR (Unlevered 10 Years Projection) 17NPV 15 (10 Years Projection) $749823346
Investment Returns
Debt Returns
Prospective Investor Profile
Double Bottom Line Investment Appetite
Willing to provide expertise for the growth of the Business
Provide patient capital
Single Digit Long term Debt Financiers
GVE is offering a 25 holding to Equity Investors
High-Yield Investment
Reduced Financial Risks Exposure
Flexible and Positive Business Outlook to Counter Possible Risks
Exit Strategy
Share Buyback
External Investors Buyout andor an IPO
Base Infrastructure
Revenue Streams
Service Offering per Site
GVE
Mini-grid
(240 Clients)
One-time Connection Fee
$2000
Modular Site of
34kWp Each
PAYG Utility Fee
045kWh (off-peak)
$075kWh (peak)
AIPU
$69076
Ave Monthly ARPU
$1125
Site Setup Cost (Equipment Only)
$16578225
Revenue Model
Legend AIPU Average Investment Per User ARPU Average Revenue Per User
Annual Revenue Projections
PERIOD YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 6
Connection Fees 5760000 24960000 48000000 64800000 72000000 36000000
PUE Revenue (USD) 1341068 7152365 18327935 33414954 50178309 58559987
HH Revenue (USD) 52152660 278147520 712753020 1299470445 1951378695 2277332820
Total Annual Revenue $71323344 $374631168 $944032368 $1698419988 $2525161788 $2898932688
LegendPUE Productive Use of Energy
HH Household
Average Annual Revenue USD1996423210
12
Our services is priced lowest based on comparative analysis of the survey of thecommunitiesrsquo ability to pay willingness to pay and need for the services with
The Current National Grid Billing
Current Average Expense per Household on Fuel for Power Generation
Current Average Expense per Household for other household fuel needs
Preferred pay (opinion poll) for uninterrupted power supply
13
0
100
200
300
400
500
600
700
800
900
Average Expenseper Household
with Generators
Average ExpenseFor Households
withoutGenerators
Average Expenseper Household
with PHCN (24hrs)
GVEP Pricing
Preferred Expensefor steady power
supply
Monthly
Quarterly
Annually
Our pricing is the lowest possible cost and can easily be paid by the rural dwellers
Competitive Pricing
Projectrsquos Geographical Coverage
Management Team (All under 30)
Wale Bakare
ED Marketing
Chinedu Azodoh
CFO
Ifeanyi Orajaka
MDCEO
Chuka Eze
CTO
bull BEng ElectElect Engineering FUTO Nigeria
bull Certified Project Managerbull Experience with
ExxonMobil Shell and NIITbull GIS Rural Electrification
Planning Expert (7-Years)bull Member Global Shapersbull Management Trainings
bull Executive Masters Project Management CUPE UK
bull BEng ElectElect Engineering FUTO Nigeria
bull Experience with Shell Interswitch Nigerian Breweries and Airtel Nigeria
bull GIS Rural Electrification Planning Expert (7-Years)
bull Master of Finance MIT Sloan Boston
bull B Eng Illinois Institute of Technology
bull Experience with Barclays Capital Goldman Sachs MediaBridge Capital Advisers LLC and BGL Capital Nigeria
bull President of NSBE IIT
bull LLB amp Chartered Arbitratorbull Lagos Business School
Alumnusbull Trade Sales Manager
Nigerite Ltd (Annual sales portfolio of $308m)
bull Channel Marketing Exec Vlisco Netherland BV (Annual sales portfolio of $615m)
bull Pioneer Company Secretary
15
bull Own Manpower ndash 20 Engineers and 27 Technicians (more to be engaged with growth)
bull Technical Partner 1 (Institute of Electrical Electronics Engineers)
ndash Leading global professional organization with over 400000 Engineers as members
ndash Been Providing Pro Borno Technical support to GVE since 2009
ndash Committed over $300000 (Grant) to our pilot projects till date
ndash IEEE Nigeria Section Chair is GVErsquos Board Chairman
bull Technical Partner 2 (Schneider Electric)
ndash Global Specialist in Energy Systems Energy Management and Automation with over 170000 employees
ndash EPC partner to GVE and OEM of GVErsquos Inverters and Balance of System
ndash Has a dedicated Access to Energy Division
bull Finance Advisory (Mr Michael DeSa) Wall Street Veteran with Senior Management Experiences in Citi Group Merrill Lynch Goldman Sachs etc
Implementation Team
17
Risks Mitigating Factors1 Grid Encroachment Selling generated electricity to the regional grid
Transforming the system into a hybrid grid-tied system
Off-Grid RE solutions as GVErsquos are being promoted for rural electrification
by the FGN amp States with investment protection policies
2 Regulatory Risks bull Implementation of the nationrsquos RE master planbull Policies on RE amp Energy Efficiency in advanced development stagesbull No license and tariff Regulation for small Medium scale systemsbull Recent Governmentrsquos collaboration with major stakeholders in RE
3 Lack of patronage bull GVErsquos Pricing is the best and most attractive compared to other energy
sources including PHCN energy supply
bull GVErsquos Proposed constant power supply will be a huge incentive for
continued patronage
4 Technical Risk Sound Technical Partnerships
Robust Training Program for support Personnel amp Operators
5 Competition Proprietary Model with Intellectual Property Protection
First Movers Advantage
Robust Network of Collaborators
Risk Assessment
18
Sensitivity Analysis
Sensitive Parameters
Results
( US$075kWh peak amp US$045kWh off-peak
Tariffs respectively)
Interest Rate () Capacity Factor () IRR () Pay Back Period (Years) ROI ()
14 80 21 42 258
75 17 44 216
60 (10) 55 89
12 80 23 42 273
75 19 44 232
60 (3) 55 108
8 80 25 42 298
75 22 44 259
60 6 55 141
19
bull Market proven model with Intellectual Property Protection
bull USD14million committed for six pilot projects with four (4)
already completed till date
bull Creates double value for all stakeholders including clients
bull Estimated to off-set 178043MTs of CO2 PA
bull Will create over 10000 Jobs boost rural SMEs productivity and
curb rural to urban migration
bull Seeking $8874895402 on a 3070 Equity-Debt ratio
bull High yield investment with a 17 IRR and 216 ROI
bull Exit Strategy- Share buybacks investor buyout andor an IPO
Why Invest in GVE-Ptrade
Thank you
infogve-groupcomwwwgve-groupcom
Twitter GreenVillageEle
Please do not hesitate to contact us for further inquiries andor requests
20
bull US$14million raised and committed to six pilot projects till date
bull Rated by USAID and GIZ as the ideal model for advancing energy access in Nigeria
bull Listed among Sankalp Forumrsquos top-60 promising Sub Saharan Africa SMEs 2015
bull Model is Scalable to Meet Specific Community Needs
bull Model has Directly Measurable Environ-Socio-Economic Impact
7
AwardsbullFinalist City Mart City of Lagos Off-Grid Power Solution Challenge June 2014bullWinner GE Africa USADF Power Africa Off-Grid Energy Access Challenge Nov 2013bullWinner UNDP Bank of Industry ndashNigeria Access to Renewable Project Nigeria Dec 2012
bullWinner IEEE Presidentsrsquo Change the World Project Challenge 2009bullThe Project has been awarded 5 years pioneer status incentive
Project Heritage
Corporate Partnerships
PROJECT FINANCING SUMMARY
Total Debt Requirement $ 6091439861
Total Equity Requirement $ 2783455541
Total Financing $8874895402
USES OF FUNDS
Equipment amp Machinery $ 8686989900
Maintenance Support Pool Vehicles $ 68000000
Project Related Working Capital $ 112116849
Contingency $ 77 88653
Total Cost of Project $8874895402
Investment Ask
PROJECT FINANCING SCHEDULE
Period Year 1 Year 2 Year 3 Year 4 Year 5 Year 6
No of New Sites 12 52 100 135 150 75
New Equity Injection($rsquo000s)
658 1949 2387 1821 666 -
New Debt Injection($rsquo000s)
139257 603447 1047662 1261235 1171351 -
Re-Invested Retained Earnings ($rsquo000s)
- - 112814 305407 569362 880904
RATIOS YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 6 YEAR 7 YEAR 8 YEAR 9 YEAR 10
DSCR 118 147 154 156 159 170 170 170 170 170
Interest Cover 177 246 280 308 351 436 525 657 926 1734
INVESTMENT ANALYSISROI (5 Years Projection) 39 ROI (10 Years Projection) 216
Payback Period 44 YearsIRR (Unlevered 10 Years Projection) 17NPV 15 (10 Years Projection) $749823346
Investment Returns
Debt Returns
Prospective Investor Profile
Double Bottom Line Investment Appetite
Willing to provide expertise for the growth of the Business
Provide patient capital
Single Digit Long term Debt Financiers
GVE is offering a 25 holding to Equity Investors
High-Yield Investment
Reduced Financial Risks Exposure
Flexible and Positive Business Outlook to Counter Possible Risks
Exit Strategy
Share Buyback
External Investors Buyout andor an IPO
Base Infrastructure
Revenue Streams
Service Offering per Site
GVE
Mini-grid
(240 Clients)
One-time Connection Fee
$2000
Modular Site of
34kWp Each
PAYG Utility Fee
045kWh (off-peak)
$075kWh (peak)
AIPU
$69076
Ave Monthly ARPU
$1125
Site Setup Cost (Equipment Only)
$16578225
Revenue Model
Legend AIPU Average Investment Per User ARPU Average Revenue Per User
Annual Revenue Projections
PERIOD YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 6
Connection Fees 5760000 24960000 48000000 64800000 72000000 36000000
PUE Revenue (USD) 1341068 7152365 18327935 33414954 50178309 58559987
HH Revenue (USD) 52152660 278147520 712753020 1299470445 1951378695 2277332820
Total Annual Revenue $71323344 $374631168 $944032368 $1698419988 $2525161788 $2898932688
LegendPUE Productive Use of Energy
HH Household
Average Annual Revenue USD1996423210
12
Our services is priced lowest based on comparative analysis of the survey of thecommunitiesrsquo ability to pay willingness to pay and need for the services with
The Current National Grid Billing
Current Average Expense per Household on Fuel for Power Generation
Current Average Expense per Household for other household fuel needs
Preferred pay (opinion poll) for uninterrupted power supply
13
0
100
200
300
400
500
600
700
800
900
Average Expenseper Household
with Generators
Average ExpenseFor Households
withoutGenerators
Average Expenseper Household
with PHCN (24hrs)
GVEP Pricing
Preferred Expensefor steady power
supply
Monthly
Quarterly
Annually
Our pricing is the lowest possible cost and can easily be paid by the rural dwellers
Competitive Pricing
Projectrsquos Geographical Coverage
Management Team (All under 30)
Wale Bakare
ED Marketing
Chinedu Azodoh
CFO
Ifeanyi Orajaka
MDCEO
Chuka Eze
CTO
bull BEng ElectElect Engineering FUTO Nigeria
bull Certified Project Managerbull Experience with
ExxonMobil Shell and NIITbull GIS Rural Electrification
Planning Expert (7-Years)bull Member Global Shapersbull Management Trainings
bull Executive Masters Project Management CUPE UK
bull BEng ElectElect Engineering FUTO Nigeria
bull Experience with Shell Interswitch Nigerian Breweries and Airtel Nigeria
bull GIS Rural Electrification Planning Expert (7-Years)
bull Master of Finance MIT Sloan Boston
bull B Eng Illinois Institute of Technology
bull Experience with Barclays Capital Goldman Sachs MediaBridge Capital Advisers LLC and BGL Capital Nigeria
bull President of NSBE IIT
bull LLB amp Chartered Arbitratorbull Lagos Business School
Alumnusbull Trade Sales Manager
Nigerite Ltd (Annual sales portfolio of $308m)
bull Channel Marketing Exec Vlisco Netherland BV (Annual sales portfolio of $615m)
bull Pioneer Company Secretary
15
bull Own Manpower ndash 20 Engineers and 27 Technicians (more to be engaged with growth)
bull Technical Partner 1 (Institute of Electrical Electronics Engineers)
ndash Leading global professional organization with over 400000 Engineers as members
ndash Been Providing Pro Borno Technical support to GVE since 2009
ndash Committed over $300000 (Grant) to our pilot projects till date
ndash IEEE Nigeria Section Chair is GVErsquos Board Chairman
bull Technical Partner 2 (Schneider Electric)
ndash Global Specialist in Energy Systems Energy Management and Automation with over 170000 employees
ndash EPC partner to GVE and OEM of GVErsquos Inverters and Balance of System
ndash Has a dedicated Access to Energy Division
bull Finance Advisory (Mr Michael DeSa) Wall Street Veteran with Senior Management Experiences in Citi Group Merrill Lynch Goldman Sachs etc
Implementation Team
17
Risks Mitigating Factors1 Grid Encroachment Selling generated electricity to the regional grid
Transforming the system into a hybrid grid-tied system
Off-Grid RE solutions as GVErsquos are being promoted for rural electrification
by the FGN amp States with investment protection policies
2 Regulatory Risks bull Implementation of the nationrsquos RE master planbull Policies on RE amp Energy Efficiency in advanced development stagesbull No license and tariff Regulation for small Medium scale systemsbull Recent Governmentrsquos collaboration with major stakeholders in RE
3 Lack of patronage bull GVErsquos Pricing is the best and most attractive compared to other energy
sources including PHCN energy supply
bull GVErsquos Proposed constant power supply will be a huge incentive for
continued patronage
4 Technical Risk Sound Technical Partnerships
Robust Training Program for support Personnel amp Operators
5 Competition Proprietary Model with Intellectual Property Protection
First Movers Advantage
Robust Network of Collaborators
Risk Assessment
18
Sensitivity Analysis
Sensitive Parameters
Results
( US$075kWh peak amp US$045kWh off-peak
Tariffs respectively)
Interest Rate () Capacity Factor () IRR () Pay Back Period (Years) ROI ()
14 80 21 42 258
75 17 44 216
60 (10) 55 89
12 80 23 42 273
75 19 44 232
60 (3) 55 108
8 80 25 42 298
75 22 44 259
60 6 55 141
19
bull Market proven model with Intellectual Property Protection
bull USD14million committed for six pilot projects with four (4)
already completed till date
bull Creates double value for all stakeholders including clients
bull Estimated to off-set 178043MTs of CO2 PA
bull Will create over 10000 Jobs boost rural SMEs productivity and
curb rural to urban migration
bull Seeking $8874895402 on a 3070 Equity-Debt ratio
bull High yield investment with a 17 IRR and 216 ROI
bull Exit Strategy- Share buybacks investor buyout andor an IPO
Why Invest in GVE-Ptrade
Thank you
infogve-groupcomwwwgve-groupcom
Twitter GreenVillageEle
Please do not hesitate to contact us for further inquiries andor requests
20
PROJECT FINANCING SUMMARY
Total Debt Requirement $ 6091439861
Total Equity Requirement $ 2783455541
Total Financing $8874895402
USES OF FUNDS
Equipment amp Machinery $ 8686989900
Maintenance Support Pool Vehicles $ 68000000
Project Related Working Capital $ 112116849
Contingency $ 77 88653
Total Cost of Project $8874895402
Investment Ask
PROJECT FINANCING SCHEDULE
Period Year 1 Year 2 Year 3 Year 4 Year 5 Year 6
No of New Sites 12 52 100 135 150 75
New Equity Injection($rsquo000s)
658 1949 2387 1821 666 -
New Debt Injection($rsquo000s)
139257 603447 1047662 1261235 1171351 -
Re-Invested Retained Earnings ($rsquo000s)
- - 112814 305407 569362 880904
RATIOS YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 6 YEAR 7 YEAR 8 YEAR 9 YEAR 10
DSCR 118 147 154 156 159 170 170 170 170 170
Interest Cover 177 246 280 308 351 436 525 657 926 1734
INVESTMENT ANALYSISROI (5 Years Projection) 39 ROI (10 Years Projection) 216
Payback Period 44 YearsIRR (Unlevered 10 Years Projection) 17NPV 15 (10 Years Projection) $749823346
Investment Returns
Debt Returns
Prospective Investor Profile
Double Bottom Line Investment Appetite
Willing to provide expertise for the growth of the Business
Provide patient capital
Single Digit Long term Debt Financiers
GVE is offering a 25 holding to Equity Investors
High-Yield Investment
Reduced Financial Risks Exposure
Flexible and Positive Business Outlook to Counter Possible Risks
Exit Strategy
Share Buyback
External Investors Buyout andor an IPO
Base Infrastructure
Revenue Streams
Service Offering per Site
GVE
Mini-grid
(240 Clients)
One-time Connection Fee
$2000
Modular Site of
34kWp Each
PAYG Utility Fee
045kWh (off-peak)
$075kWh (peak)
AIPU
$69076
Ave Monthly ARPU
$1125
Site Setup Cost (Equipment Only)
$16578225
Revenue Model
Legend AIPU Average Investment Per User ARPU Average Revenue Per User
Annual Revenue Projections
PERIOD YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 6
Connection Fees 5760000 24960000 48000000 64800000 72000000 36000000
PUE Revenue (USD) 1341068 7152365 18327935 33414954 50178309 58559987
HH Revenue (USD) 52152660 278147520 712753020 1299470445 1951378695 2277332820
Total Annual Revenue $71323344 $374631168 $944032368 $1698419988 $2525161788 $2898932688
LegendPUE Productive Use of Energy
HH Household
Average Annual Revenue USD1996423210
12
Our services is priced lowest based on comparative analysis of the survey of thecommunitiesrsquo ability to pay willingness to pay and need for the services with
The Current National Grid Billing
Current Average Expense per Household on Fuel for Power Generation
Current Average Expense per Household for other household fuel needs
Preferred pay (opinion poll) for uninterrupted power supply
13
0
100
200
300
400
500
600
700
800
900
Average Expenseper Household
with Generators
Average ExpenseFor Households
withoutGenerators
Average Expenseper Household
with PHCN (24hrs)
GVEP Pricing
Preferred Expensefor steady power
supply
Monthly
Quarterly
Annually
Our pricing is the lowest possible cost and can easily be paid by the rural dwellers
Competitive Pricing
Projectrsquos Geographical Coverage
Management Team (All under 30)
Wale Bakare
ED Marketing
Chinedu Azodoh
CFO
Ifeanyi Orajaka
MDCEO
Chuka Eze
CTO
bull BEng ElectElect Engineering FUTO Nigeria
bull Certified Project Managerbull Experience with
ExxonMobil Shell and NIITbull GIS Rural Electrification
Planning Expert (7-Years)bull Member Global Shapersbull Management Trainings
bull Executive Masters Project Management CUPE UK
bull BEng ElectElect Engineering FUTO Nigeria
bull Experience with Shell Interswitch Nigerian Breweries and Airtel Nigeria
bull GIS Rural Electrification Planning Expert (7-Years)
bull Master of Finance MIT Sloan Boston
bull B Eng Illinois Institute of Technology
bull Experience with Barclays Capital Goldman Sachs MediaBridge Capital Advisers LLC and BGL Capital Nigeria
bull President of NSBE IIT
bull LLB amp Chartered Arbitratorbull Lagos Business School
Alumnusbull Trade Sales Manager
Nigerite Ltd (Annual sales portfolio of $308m)
bull Channel Marketing Exec Vlisco Netherland BV (Annual sales portfolio of $615m)
bull Pioneer Company Secretary
15
bull Own Manpower ndash 20 Engineers and 27 Technicians (more to be engaged with growth)
bull Technical Partner 1 (Institute of Electrical Electronics Engineers)
ndash Leading global professional organization with over 400000 Engineers as members
ndash Been Providing Pro Borno Technical support to GVE since 2009
ndash Committed over $300000 (Grant) to our pilot projects till date
ndash IEEE Nigeria Section Chair is GVErsquos Board Chairman
bull Technical Partner 2 (Schneider Electric)
ndash Global Specialist in Energy Systems Energy Management and Automation with over 170000 employees
ndash EPC partner to GVE and OEM of GVErsquos Inverters and Balance of System
ndash Has a dedicated Access to Energy Division
bull Finance Advisory (Mr Michael DeSa) Wall Street Veteran with Senior Management Experiences in Citi Group Merrill Lynch Goldman Sachs etc
Implementation Team
17
Risks Mitigating Factors1 Grid Encroachment Selling generated electricity to the regional grid
Transforming the system into a hybrid grid-tied system
Off-Grid RE solutions as GVErsquos are being promoted for rural electrification
by the FGN amp States with investment protection policies
2 Regulatory Risks bull Implementation of the nationrsquos RE master planbull Policies on RE amp Energy Efficiency in advanced development stagesbull No license and tariff Regulation for small Medium scale systemsbull Recent Governmentrsquos collaboration with major stakeholders in RE
3 Lack of patronage bull GVErsquos Pricing is the best and most attractive compared to other energy
sources including PHCN energy supply
bull GVErsquos Proposed constant power supply will be a huge incentive for
continued patronage
4 Technical Risk Sound Technical Partnerships
Robust Training Program for support Personnel amp Operators
5 Competition Proprietary Model with Intellectual Property Protection
First Movers Advantage
Robust Network of Collaborators
Risk Assessment
18
Sensitivity Analysis
Sensitive Parameters
Results
( US$075kWh peak amp US$045kWh off-peak
Tariffs respectively)
Interest Rate () Capacity Factor () IRR () Pay Back Period (Years) ROI ()
14 80 21 42 258
75 17 44 216
60 (10) 55 89
12 80 23 42 273
75 19 44 232
60 (3) 55 108
8 80 25 42 298
75 22 44 259
60 6 55 141
19
bull Market proven model with Intellectual Property Protection
bull USD14million committed for six pilot projects with four (4)
already completed till date
bull Creates double value for all stakeholders including clients
bull Estimated to off-set 178043MTs of CO2 PA
bull Will create over 10000 Jobs boost rural SMEs productivity and
curb rural to urban migration
bull Seeking $8874895402 on a 3070 Equity-Debt ratio
bull High yield investment with a 17 IRR and 216 ROI
bull Exit Strategy- Share buybacks investor buyout andor an IPO
Why Invest in GVE-Ptrade
Thank you
infogve-groupcomwwwgve-groupcom
Twitter GreenVillageEle
Please do not hesitate to contact us for further inquiries andor requests
20
RATIOS YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 6 YEAR 7 YEAR 8 YEAR 9 YEAR 10
DSCR 118 147 154 156 159 170 170 170 170 170
Interest Cover 177 246 280 308 351 436 525 657 926 1734
INVESTMENT ANALYSISROI (5 Years Projection) 39 ROI (10 Years Projection) 216
Payback Period 44 YearsIRR (Unlevered 10 Years Projection) 17NPV 15 (10 Years Projection) $749823346
Investment Returns
Debt Returns
Prospective Investor Profile
Double Bottom Line Investment Appetite
Willing to provide expertise for the growth of the Business
Provide patient capital
Single Digit Long term Debt Financiers
GVE is offering a 25 holding to Equity Investors
High-Yield Investment
Reduced Financial Risks Exposure
Flexible and Positive Business Outlook to Counter Possible Risks
Exit Strategy
Share Buyback
External Investors Buyout andor an IPO
Base Infrastructure
Revenue Streams
Service Offering per Site
GVE
Mini-grid
(240 Clients)
One-time Connection Fee
$2000
Modular Site of
34kWp Each
PAYG Utility Fee
045kWh (off-peak)
$075kWh (peak)
AIPU
$69076
Ave Monthly ARPU
$1125
Site Setup Cost (Equipment Only)
$16578225
Revenue Model
Legend AIPU Average Investment Per User ARPU Average Revenue Per User
Annual Revenue Projections
PERIOD YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 6
Connection Fees 5760000 24960000 48000000 64800000 72000000 36000000
PUE Revenue (USD) 1341068 7152365 18327935 33414954 50178309 58559987
HH Revenue (USD) 52152660 278147520 712753020 1299470445 1951378695 2277332820
Total Annual Revenue $71323344 $374631168 $944032368 $1698419988 $2525161788 $2898932688
LegendPUE Productive Use of Energy
HH Household
Average Annual Revenue USD1996423210
12
Our services is priced lowest based on comparative analysis of the survey of thecommunitiesrsquo ability to pay willingness to pay and need for the services with
The Current National Grid Billing
Current Average Expense per Household on Fuel for Power Generation
Current Average Expense per Household for other household fuel needs
Preferred pay (opinion poll) for uninterrupted power supply
13
0
100
200
300
400
500
600
700
800
900
Average Expenseper Household
with Generators
Average ExpenseFor Households
withoutGenerators
Average Expenseper Household
with PHCN (24hrs)
GVEP Pricing
Preferred Expensefor steady power
supply
Monthly
Quarterly
Annually
Our pricing is the lowest possible cost and can easily be paid by the rural dwellers
Competitive Pricing
Projectrsquos Geographical Coverage
Management Team (All under 30)
Wale Bakare
ED Marketing
Chinedu Azodoh
CFO
Ifeanyi Orajaka
MDCEO
Chuka Eze
CTO
bull BEng ElectElect Engineering FUTO Nigeria
bull Certified Project Managerbull Experience with
ExxonMobil Shell and NIITbull GIS Rural Electrification
Planning Expert (7-Years)bull Member Global Shapersbull Management Trainings
bull Executive Masters Project Management CUPE UK
bull BEng ElectElect Engineering FUTO Nigeria
bull Experience with Shell Interswitch Nigerian Breweries and Airtel Nigeria
bull GIS Rural Electrification Planning Expert (7-Years)
bull Master of Finance MIT Sloan Boston
bull B Eng Illinois Institute of Technology
bull Experience with Barclays Capital Goldman Sachs MediaBridge Capital Advisers LLC and BGL Capital Nigeria
bull President of NSBE IIT
bull LLB amp Chartered Arbitratorbull Lagos Business School
Alumnusbull Trade Sales Manager
Nigerite Ltd (Annual sales portfolio of $308m)
bull Channel Marketing Exec Vlisco Netherland BV (Annual sales portfolio of $615m)
bull Pioneer Company Secretary
15
bull Own Manpower ndash 20 Engineers and 27 Technicians (more to be engaged with growth)
bull Technical Partner 1 (Institute of Electrical Electronics Engineers)
ndash Leading global professional organization with over 400000 Engineers as members
ndash Been Providing Pro Borno Technical support to GVE since 2009
ndash Committed over $300000 (Grant) to our pilot projects till date
ndash IEEE Nigeria Section Chair is GVErsquos Board Chairman
bull Technical Partner 2 (Schneider Electric)
ndash Global Specialist in Energy Systems Energy Management and Automation with over 170000 employees
ndash EPC partner to GVE and OEM of GVErsquos Inverters and Balance of System
ndash Has a dedicated Access to Energy Division
bull Finance Advisory (Mr Michael DeSa) Wall Street Veteran with Senior Management Experiences in Citi Group Merrill Lynch Goldman Sachs etc
Implementation Team
17
Risks Mitigating Factors1 Grid Encroachment Selling generated electricity to the regional grid
Transforming the system into a hybrid grid-tied system
Off-Grid RE solutions as GVErsquos are being promoted for rural electrification
by the FGN amp States with investment protection policies
2 Regulatory Risks bull Implementation of the nationrsquos RE master planbull Policies on RE amp Energy Efficiency in advanced development stagesbull No license and tariff Regulation for small Medium scale systemsbull Recent Governmentrsquos collaboration with major stakeholders in RE
3 Lack of patronage bull GVErsquos Pricing is the best and most attractive compared to other energy
sources including PHCN energy supply
bull GVErsquos Proposed constant power supply will be a huge incentive for
continued patronage
4 Technical Risk Sound Technical Partnerships
Robust Training Program for support Personnel amp Operators
5 Competition Proprietary Model with Intellectual Property Protection
First Movers Advantage
Robust Network of Collaborators
Risk Assessment
18
Sensitivity Analysis
Sensitive Parameters
Results
( US$075kWh peak amp US$045kWh off-peak
Tariffs respectively)
Interest Rate () Capacity Factor () IRR () Pay Back Period (Years) ROI ()
14 80 21 42 258
75 17 44 216
60 (10) 55 89
12 80 23 42 273
75 19 44 232
60 (3) 55 108
8 80 25 42 298
75 22 44 259
60 6 55 141
19
bull Market proven model with Intellectual Property Protection
bull USD14million committed for six pilot projects with four (4)
already completed till date
bull Creates double value for all stakeholders including clients
bull Estimated to off-set 178043MTs of CO2 PA
bull Will create over 10000 Jobs boost rural SMEs productivity and
curb rural to urban migration
bull Seeking $8874895402 on a 3070 Equity-Debt ratio
bull High yield investment with a 17 IRR and 216 ROI
bull Exit Strategy- Share buybacks investor buyout andor an IPO
Why Invest in GVE-Ptrade
Thank you
infogve-groupcomwwwgve-groupcom
Twitter GreenVillageEle
Please do not hesitate to contact us for further inquiries andor requests
20
Prospective Investor Profile
Double Bottom Line Investment Appetite
Willing to provide expertise for the growth of the Business
Provide patient capital
Single Digit Long term Debt Financiers
GVE is offering a 25 holding to Equity Investors
High-Yield Investment
Reduced Financial Risks Exposure
Flexible and Positive Business Outlook to Counter Possible Risks
Exit Strategy
Share Buyback
External Investors Buyout andor an IPO
Base Infrastructure
Revenue Streams
Service Offering per Site
GVE
Mini-grid
(240 Clients)
One-time Connection Fee
$2000
Modular Site of
34kWp Each
PAYG Utility Fee
045kWh (off-peak)
$075kWh (peak)
AIPU
$69076
Ave Monthly ARPU
$1125
Site Setup Cost (Equipment Only)
$16578225
Revenue Model
Legend AIPU Average Investment Per User ARPU Average Revenue Per User
Annual Revenue Projections
PERIOD YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 6
Connection Fees 5760000 24960000 48000000 64800000 72000000 36000000
PUE Revenue (USD) 1341068 7152365 18327935 33414954 50178309 58559987
HH Revenue (USD) 52152660 278147520 712753020 1299470445 1951378695 2277332820
Total Annual Revenue $71323344 $374631168 $944032368 $1698419988 $2525161788 $2898932688
LegendPUE Productive Use of Energy
HH Household
Average Annual Revenue USD1996423210
12
Our services is priced lowest based on comparative analysis of the survey of thecommunitiesrsquo ability to pay willingness to pay and need for the services with
The Current National Grid Billing
Current Average Expense per Household on Fuel for Power Generation
Current Average Expense per Household for other household fuel needs
Preferred pay (opinion poll) for uninterrupted power supply
13
0
100
200
300
400
500
600
700
800
900
Average Expenseper Household
with Generators
Average ExpenseFor Households
withoutGenerators
Average Expenseper Household
with PHCN (24hrs)
GVEP Pricing
Preferred Expensefor steady power
supply
Monthly
Quarterly
Annually
Our pricing is the lowest possible cost and can easily be paid by the rural dwellers
Competitive Pricing
Projectrsquos Geographical Coverage
Management Team (All under 30)
Wale Bakare
ED Marketing
Chinedu Azodoh
CFO
Ifeanyi Orajaka
MDCEO
Chuka Eze
CTO
bull BEng ElectElect Engineering FUTO Nigeria
bull Certified Project Managerbull Experience with
ExxonMobil Shell and NIITbull GIS Rural Electrification
Planning Expert (7-Years)bull Member Global Shapersbull Management Trainings
bull Executive Masters Project Management CUPE UK
bull BEng ElectElect Engineering FUTO Nigeria
bull Experience with Shell Interswitch Nigerian Breweries and Airtel Nigeria
bull GIS Rural Electrification Planning Expert (7-Years)
bull Master of Finance MIT Sloan Boston
bull B Eng Illinois Institute of Technology
bull Experience with Barclays Capital Goldman Sachs MediaBridge Capital Advisers LLC and BGL Capital Nigeria
bull President of NSBE IIT
bull LLB amp Chartered Arbitratorbull Lagos Business School
Alumnusbull Trade Sales Manager
Nigerite Ltd (Annual sales portfolio of $308m)
bull Channel Marketing Exec Vlisco Netherland BV (Annual sales portfolio of $615m)
bull Pioneer Company Secretary
15
bull Own Manpower ndash 20 Engineers and 27 Technicians (more to be engaged with growth)
bull Technical Partner 1 (Institute of Electrical Electronics Engineers)
ndash Leading global professional organization with over 400000 Engineers as members
ndash Been Providing Pro Borno Technical support to GVE since 2009
ndash Committed over $300000 (Grant) to our pilot projects till date
ndash IEEE Nigeria Section Chair is GVErsquos Board Chairman
bull Technical Partner 2 (Schneider Electric)
ndash Global Specialist in Energy Systems Energy Management and Automation with over 170000 employees
ndash EPC partner to GVE and OEM of GVErsquos Inverters and Balance of System
ndash Has a dedicated Access to Energy Division
bull Finance Advisory (Mr Michael DeSa) Wall Street Veteran with Senior Management Experiences in Citi Group Merrill Lynch Goldman Sachs etc
Implementation Team
17
Risks Mitigating Factors1 Grid Encroachment Selling generated electricity to the regional grid
Transforming the system into a hybrid grid-tied system
Off-Grid RE solutions as GVErsquos are being promoted for rural electrification
by the FGN amp States with investment protection policies
2 Regulatory Risks bull Implementation of the nationrsquos RE master planbull Policies on RE amp Energy Efficiency in advanced development stagesbull No license and tariff Regulation for small Medium scale systemsbull Recent Governmentrsquos collaboration with major stakeholders in RE
3 Lack of patronage bull GVErsquos Pricing is the best and most attractive compared to other energy
sources including PHCN energy supply
bull GVErsquos Proposed constant power supply will be a huge incentive for
continued patronage
4 Technical Risk Sound Technical Partnerships
Robust Training Program for support Personnel amp Operators
5 Competition Proprietary Model with Intellectual Property Protection
First Movers Advantage
Robust Network of Collaborators
Risk Assessment
18
Sensitivity Analysis
Sensitive Parameters
Results
( US$075kWh peak amp US$045kWh off-peak
Tariffs respectively)
Interest Rate () Capacity Factor () IRR () Pay Back Period (Years) ROI ()
14 80 21 42 258
75 17 44 216
60 (10) 55 89
12 80 23 42 273
75 19 44 232
60 (3) 55 108
8 80 25 42 298
75 22 44 259
60 6 55 141
19
bull Market proven model with Intellectual Property Protection
bull USD14million committed for six pilot projects with four (4)
already completed till date
bull Creates double value for all stakeholders including clients
bull Estimated to off-set 178043MTs of CO2 PA
bull Will create over 10000 Jobs boost rural SMEs productivity and
curb rural to urban migration
bull Seeking $8874895402 on a 3070 Equity-Debt ratio
bull High yield investment with a 17 IRR and 216 ROI
bull Exit Strategy- Share buybacks investor buyout andor an IPO
Why Invest in GVE-Ptrade
Thank you
infogve-groupcomwwwgve-groupcom
Twitter GreenVillageEle
Please do not hesitate to contact us for further inquiries andor requests
20
Base Infrastructure
Revenue Streams
Service Offering per Site
GVE
Mini-grid
(240 Clients)
One-time Connection Fee
$2000
Modular Site of
34kWp Each
PAYG Utility Fee
045kWh (off-peak)
$075kWh (peak)
AIPU
$69076
Ave Monthly ARPU
$1125
Site Setup Cost (Equipment Only)
$16578225
Revenue Model
Legend AIPU Average Investment Per User ARPU Average Revenue Per User
Annual Revenue Projections
PERIOD YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 6
Connection Fees 5760000 24960000 48000000 64800000 72000000 36000000
PUE Revenue (USD) 1341068 7152365 18327935 33414954 50178309 58559987
HH Revenue (USD) 52152660 278147520 712753020 1299470445 1951378695 2277332820
Total Annual Revenue $71323344 $374631168 $944032368 $1698419988 $2525161788 $2898932688
LegendPUE Productive Use of Energy
HH Household
Average Annual Revenue USD1996423210
12
Our services is priced lowest based on comparative analysis of the survey of thecommunitiesrsquo ability to pay willingness to pay and need for the services with
The Current National Grid Billing
Current Average Expense per Household on Fuel for Power Generation
Current Average Expense per Household for other household fuel needs
Preferred pay (opinion poll) for uninterrupted power supply
13
0
100
200
300
400
500
600
700
800
900
Average Expenseper Household
with Generators
Average ExpenseFor Households
withoutGenerators
Average Expenseper Household
with PHCN (24hrs)
GVEP Pricing
Preferred Expensefor steady power
supply
Monthly
Quarterly
Annually
Our pricing is the lowest possible cost and can easily be paid by the rural dwellers
Competitive Pricing
Projectrsquos Geographical Coverage
Management Team (All under 30)
Wale Bakare
ED Marketing
Chinedu Azodoh
CFO
Ifeanyi Orajaka
MDCEO
Chuka Eze
CTO
bull BEng ElectElect Engineering FUTO Nigeria
bull Certified Project Managerbull Experience with
ExxonMobil Shell and NIITbull GIS Rural Electrification
Planning Expert (7-Years)bull Member Global Shapersbull Management Trainings
bull Executive Masters Project Management CUPE UK
bull BEng ElectElect Engineering FUTO Nigeria
bull Experience with Shell Interswitch Nigerian Breweries and Airtel Nigeria
bull GIS Rural Electrification Planning Expert (7-Years)
bull Master of Finance MIT Sloan Boston
bull B Eng Illinois Institute of Technology
bull Experience with Barclays Capital Goldman Sachs MediaBridge Capital Advisers LLC and BGL Capital Nigeria
bull President of NSBE IIT
bull LLB amp Chartered Arbitratorbull Lagos Business School
Alumnusbull Trade Sales Manager
Nigerite Ltd (Annual sales portfolio of $308m)
bull Channel Marketing Exec Vlisco Netherland BV (Annual sales portfolio of $615m)
bull Pioneer Company Secretary
15
bull Own Manpower ndash 20 Engineers and 27 Technicians (more to be engaged with growth)
bull Technical Partner 1 (Institute of Electrical Electronics Engineers)
ndash Leading global professional organization with over 400000 Engineers as members
ndash Been Providing Pro Borno Technical support to GVE since 2009
ndash Committed over $300000 (Grant) to our pilot projects till date
ndash IEEE Nigeria Section Chair is GVErsquos Board Chairman
bull Technical Partner 2 (Schneider Electric)
ndash Global Specialist in Energy Systems Energy Management and Automation with over 170000 employees
ndash EPC partner to GVE and OEM of GVErsquos Inverters and Balance of System
ndash Has a dedicated Access to Energy Division
bull Finance Advisory (Mr Michael DeSa) Wall Street Veteran with Senior Management Experiences in Citi Group Merrill Lynch Goldman Sachs etc
Implementation Team
17
Risks Mitigating Factors1 Grid Encroachment Selling generated electricity to the regional grid
Transforming the system into a hybrid grid-tied system
Off-Grid RE solutions as GVErsquos are being promoted for rural electrification
by the FGN amp States with investment protection policies
2 Regulatory Risks bull Implementation of the nationrsquos RE master planbull Policies on RE amp Energy Efficiency in advanced development stagesbull No license and tariff Regulation for small Medium scale systemsbull Recent Governmentrsquos collaboration with major stakeholders in RE
3 Lack of patronage bull GVErsquos Pricing is the best and most attractive compared to other energy
sources including PHCN energy supply
bull GVErsquos Proposed constant power supply will be a huge incentive for
continued patronage
4 Technical Risk Sound Technical Partnerships
Robust Training Program for support Personnel amp Operators
5 Competition Proprietary Model with Intellectual Property Protection
First Movers Advantage
Robust Network of Collaborators
Risk Assessment
18
Sensitivity Analysis
Sensitive Parameters
Results
( US$075kWh peak amp US$045kWh off-peak
Tariffs respectively)
Interest Rate () Capacity Factor () IRR () Pay Back Period (Years) ROI ()
14 80 21 42 258
75 17 44 216
60 (10) 55 89
12 80 23 42 273
75 19 44 232
60 (3) 55 108
8 80 25 42 298
75 22 44 259
60 6 55 141
19
bull Market proven model with Intellectual Property Protection
bull USD14million committed for six pilot projects with four (4)
already completed till date
bull Creates double value for all stakeholders including clients
bull Estimated to off-set 178043MTs of CO2 PA
bull Will create over 10000 Jobs boost rural SMEs productivity and
curb rural to urban migration
bull Seeking $8874895402 on a 3070 Equity-Debt ratio
bull High yield investment with a 17 IRR and 216 ROI
bull Exit Strategy- Share buybacks investor buyout andor an IPO
Why Invest in GVE-Ptrade
Thank you
infogve-groupcomwwwgve-groupcom
Twitter GreenVillageEle
Please do not hesitate to contact us for further inquiries andor requests
20
Annual Revenue Projections
PERIOD YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 6
Connection Fees 5760000 24960000 48000000 64800000 72000000 36000000
PUE Revenue (USD) 1341068 7152365 18327935 33414954 50178309 58559987
HH Revenue (USD) 52152660 278147520 712753020 1299470445 1951378695 2277332820
Total Annual Revenue $71323344 $374631168 $944032368 $1698419988 $2525161788 $2898932688
LegendPUE Productive Use of Energy
HH Household
Average Annual Revenue USD1996423210
12
Our services is priced lowest based on comparative analysis of the survey of thecommunitiesrsquo ability to pay willingness to pay and need for the services with
The Current National Grid Billing
Current Average Expense per Household on Fuel for Power Generation
Current Average Expense per Household for other household fuel needs
Preferred pay (opinion poll) for uninterrupted power supply
13
0
100
200
300
400
500
600
700
800
900
Average Expenseper Household
with Generators
Average ExpenseFor Households
withoutGenerators
Average Expenseper Household
with PHCN (24hrs)
GVEP Pricing
Preferred Expensefor steady power
supply
Monthly
Quarterly
Annually
Our pricing is the lowest possible cost and can easily be paid by the rural dwellers
Competitive Pricing
Projectrsquos Geographical Coverage
Management Team (All under 30)
Wale Bakare
ED Marketing
Chinedu Azodoh
CFO
Ifeanyi Orajaka
MDCEO
Chuka Eze
CTO
bull BEng ElectElect Engineering FUTO Nigeria
bull Certified Project Managerbull Experience with
ExxonMobil Shell and NIITbull GIS Rural Electrification
Planning Expert (7-Years)bull Member Global Shapersbull Management Trainings
bull Executive Masters Project Management CUPE UK
bull BEng ElectElect Engineering FUTO Nigeria
bull Experience with Shell Interswitch Nigerian Breweries and Airtel Nigeria
bull GIS Rural Electrification Planning Expert (7-Years)
bull Master of Finance MIT Sloan Boston
bull B Eng Illinois Institute of Technology
bull Experience with Barclays Capital Goldman Sachs MediaBridge Capital Advisers LLC and BGL Capital Nigeria
bull President of NSBE IIT
bull LLB amp Chartered Arbitratorbull Lagos Business School
Alumnusbull Trade Sales Manager
Nigerite Ltd (Annual sales portfolio of $308m)
bull Channel Marketing Exec Vlisco Netherland BV (Annual sales portfolio of $615m)
bull Pioneer Company Secretary
15
bull Own Manpower ndash 20 Engineers and 27 Technicians (more to be engaged with growth)
bull Technical Partner 1 (Institute of Electrical Electronics Engineers)
ndash Leading global professional organization with over 400000 Engineers as members
ndash Been Providing Pro Borno Technical support to GVE since 2009
ndash Committed over $300000 (Grant) to our pilot projects till date
ndash IEEE Nigeria Section Chair is GVErsquos Board Chairman
bull Technical Partner 2 (Schneider Electric)
ndash Global Specialist in Energy Systems Energy Management and Automation with over 170000 employees
ndash EPC partner to GVE and OEM of GVErsquos Inverters and Balance of System
ndash Has a dedicated Access to Energy Division
bull Finance Advisory (Mr Michael DeSa) Wall Street Veteran with Senior Management Experiences in Citi Group Merrill Lynch Goldman Sachs etc
Implementation Team
17
Risks Mitigating Factors1 Grid Encroachment Selling generated electricity to the regional grid
Transforming the system into a hybrid grid-tied system
Off-Grid RE solutions as GVErsquos are being promoted for rural electrification
by the FGN amp States with investment protection policies
2 Regulatory Risks bull Implementation of the nationrsquos RE master planbull Policies on RE amp Energy Efficiency in advanced development stagesbull No license and tariff Regulation for small Medium scale systemsbull Recent Governmentrsquos collaboration with major stakeholders in RE
3 Lack of patronage bull GVErsquos Pricing is the best and most attractive compared to other energy
sources including PHCN energy supply
bull GVErsquos Proposed constant power supply will be a huge incentive for
continued patronage
4 Technical Risk Sound Technical Partnerships
Robust Training Program for support Personnel amp Operators
5 Competition Proprietary Model with Intellectual Property Protection
First Movers Advantage
Robust Network of Collaborators
Risk Assessment
18
Sensitivity Analysis
Sensitive Parameters
Results
( US$075kWh peak amp US$045kWh off-peak
Tariffs respectively)
Interest Rate () Capacity Factor () IRR () Pay Back Period (Years) ROI ()
14 80 21 42 258
75 17 44 216
60 (10) 55 89
12 80 23 42 273
75 19 44 232
60 (3) 55 108
8 80 25 42 298
75 22 44 259
60 6 55 141
19
bull Market proven model with Intellectual Property Protection
bull USD14million committed for six pilot projects with four (4)
already completed till date
bull Creates double value for all stakeholders including clients
bull Estimated to off-set 178043MTs of CO2 PA
bull Will create over 10000 Jobs boost rural SMEs productivity and
curb rural to urban migration
bull Seeking $8874895402 on a 3070 Equity-Debt ratio
bull High yield investment with a 17 IRR and 216 ROI
bull Exit Strategy- Share buybacks investor buyout andor an IPO
Why Invest in GVE-Ptrade
Thank you
infogve-groupcomwwwgve-groupcom
Twitter GreenVillageEle
Please do not hesitate to contact us for further inquiries andor requests
20
Our services is priced lowest based on comparative analysis of the survey of thecommunitiesrsquo ability to pay willingness to pay and need for the services with
The Current National Grid Billing
Current Average Expense per Household on Fuel for Power Generation
Current Average Expense per Household for other household fuel needs
Preferred pay (opinion poll) for uninterrupted power supply
13
0
100
200
300
400
500
600
700
800
900
Average Expenseper Household
with Generators
Average ExpenseFor Households
withoutGenerators
Average Expenseper Household
with PHCN (24hrs)
GVEP Pricing
Preferred Expensefor steady power
supply
Monthly
Quarterly
Annually
Our pricing is the lowest possible cost and can easily be paid by the rural dwellers
Competitive Pricing
Projectrsquos Geographical Coverage
Management Team (All under 30)
Wale Bakare
ED Marketing
Chinedu Azodoh
CFO
Ifeanyi Orajaka
MDCEO
Chuka Eze
CTO
bull BEng ElectElect Engineering FUTO Nigeria
bull Certified Project Managerbull Experience with
ExxonMobil Shell and NIITbull GIS Rural Electrification
Planning Expert (7-Years)bull Member Global Shapersbull Management Trainings
bull Executive Masters Project Management CUPE UK
bull BEng ElectElect Engineering FUTO Nigeria
bull Experience with Shell Interswitch Nigerian Breweries and Airtel Nigeria
bull GIS Rural Electrification Planning Expert (7-Years)
bull Master of Finance MIT Sloan Boston
bull B Eng Illinois Institute of Technology
bull Experience with Barclays Capital Goldman Sachs MediaBridge Capital Advisers LLC and BGL Capital Nigeria
bull President of NSBE IIT
bull LLB amp Chartered Arbitratorbull Lagos Business School
Alumnusbull Trade Sales Manager
Nigerite Ltd (Annual sales portfolio of $308m)
bull Channel Marketing Exec Vlisco Netherland BV (Annual sales portfolio of $615m)
bull Pioneer Company Secretary
15
bull Own Manpower ndash 20 Engineers and 27 Technicians (more to be engaged with growth)
bull Technical Partner 1 (Institute of Electrical Electronics Engineers)
ndash Leading global professional organization with over 400000 Engineers as members
ndash Been Providing Pro Borno Technical support to GVE since 2009
ndash Committed over $300000 (Grant) to our pilot projects till date
ndash IEEE Nigeria Section Chair is GVErsquos Board Chairman
bull Technical Partner 2 (Schneider Electric)
ndash Global Specialist in Energy Systems Energy Management and Automation with over 170000 employees
ndash EPC partner to GVE and OEM of GVErsquos Inverters and Balance of System
ndash Has a dedicated Access to Energy Division
bull Finance Advisory (Mr Michael DeSa) Wall Street Veteran with Senior Management Experiences in Citi Group Merrill Lynch Goldman Sachs etc
Implementation Team
17
Risks Mitigating Factors1 Grid Encroachment Selling generated electricity to the regional grid
Transforming the system into a hybrid grid-tied system
Off-Grid RE solutions as GVErsquos are being promoted for rural electrification
by the FGN amp States with investment protection policies
2 Regulatory Risks bull Implementation of the nationrsquos RE master planbull Policies on RE amp Energy Efficiency in advanced development stagesbull No license and tariff Regulation for small Medium scale systemsbull Recent Governmentrsquos collaboration with major stakeholders in RE
3 Lack of patronage bull GVErsquos Pricing is the best and most attractive compared to other energy
sources including PHCN energy supply
bull GVErsquos Proposed constant power supply will be a huge incentive for
continued patronage
4 Technical Risk Sound Technical Partnerships
Robust Training Program for support Personnel amp Operators
5 Competition Proprietary Model with Intellectual Property Protection
First Movers Advantage
Robust Network of Collaborators
Risk Assessment
18
Sensitivity Analysis
Sensitive Parameters
Results
( US$075kWh peak amp US$045kWh off-peak
Tariffs respectively)
Interest Rate () Capacity Factor () IRR () Pay Back Period (Years) ROI ()
14 80 21 42 258
75 17 44 216
60 (10) 55 89
12 80 23 42 273
75 19 44 232
60 (3) 55 108
8 80 25 42 298
75 22 44 259
60 6 55 141
19
bull Market proven model with Intellectual Property Protection
bull USD14million committed for six pilot projects with four (4)
already completed till date
bull Creates double value for all stakeholders including clients
bull Estimated to off-set 178043MTs of CO2 PA
bull Will create over 10000 Jobs boost rural SMEs productivity and
curb rural to urban migration
bull Seeking $8874895402 on a 3070 Equity-Debt ratio
bull High yield investment with a 17 IRR and 216 ROI
bull Exit Strategy- Share buybacks investor buyout andor an IPO
Why Invest in GVE-Ptrade
Thank you
infogve-groupcomwwwgve-groupcom
Twitter GreenVillageEle
Please do not hesitate to contact us for further inquiries andor requests
20
Projectrsquos Geographical Coverage
Management Team (All under 30)
Wale Bakare
ED Marketing
Chinedu Azodoh
CFO
Ifeanyi Orajaka
MDCEO
Chuka Eze
CTO
bull BEng ElectElect Engineering FUTO Nigeria
bull Certified Project Managerbull Experience with
ExxonMobil Shell and NIITbull GIS Rural Electrification
Planning Expert (7-Years)bull Member Global Shapersbull Management Trainings
bull Executive Masters Project Management CUPE UK
bull BEng ElectElect Engineering FUTO Nigeria
bull Experience with Shell Interswitch Nigerian Breweries and Airtel Nigeria
bull GIS Rural Electrification Planning Expert (7-Years)
bull Master of Finance MIT Sloan Boston
bull B Eng Illinois Institute of Technology
bull Experience with Barclays Capital Goldman Sachs MediaBridge Capital Advisers LLC and BGL Capital Nigeria
bull President of NSBE IIT
bull LLB amp Chartered Arbitratorbull Lagos Business School
Alumnusbull Trade Sales Manager
Nigerite Ltd (Annual sales portfolio of $308m)
bull Channel Marketing Exec Vlisco Netherland BV (Annual sales portfolio of $615m)
bull Pioneer Company Secretary
15
bull Own Manpower ndash 20 Engineers and 27 Technicians (more to be engaged with growth)
bull Technical Partner 1 (Institute of Electrical Electronics Engineers)
ndash Leading global professional organization with over 400000 Engineers as members
ndash Been Providing Pro Borno Technical support to GVE since 2009
ndash Committed over $300000 (Grant) to our pilot projects till date
ndash IEEE Nigeria Section Chair is GVErsquos Board Chairman
bull Technical Partner 2 (Schneider Electric)
ndash Global Specialist in Energy Systems Energy Management and Automation with over 170000 employees
ndash EPC partner to GVE and OEM of GVErsquos Inverters and Balance of System
ndash Has a dedicated Access to Energy Division
bull Finance Advisory (Mr Michael DeSa) Wall Street Veteran with Senior Management Experiences in Citi Group Merrill Lynch Goldman Sachs etc
Implementation Team
17
Risks Mitigating Factors1 Grid Encroachment Selling generated electricity to the regional grid
Transforming the system into a hybrid grid-tied system
Off-Grid RE solutions as GVErsquos are being promoted for rural electrification
by the FGN amp States with investment protection policies
2 Regulatory Risks bull Implementation of the nationrsquos RE master planbull Policies on RE amp Energy Efficiency in advanced development stagesbull No license and tariff Regulation for small Medium scale systemsbull Recent Governmentrsquos collaboration with major stakeholders in RE
3 Lack of patronage bull GVErsquos Pricing is the best and most attractive compared to other energy
sources including PHCN energy supply
bull GVErsquos Proposed constant power supply will be a huge incentive for
continued patronage
4 Technical Risk Sound Technical Partnerships
Robust Training Program for support Personnel amp Operators
5 Competition Proprietary Model with Intellectual Property Protection
First Movers Advantage
Robust Network of Collaborators
Risk Assessment
18
Sensitivity Analysis
Sensitive Parameters
Results
( US$075kWh peak amp US$045kWh off-peak
Tariffs respectively)
Interest Rate () Capacity Factor () IRR () Pay Back Period (Years) ROI ()
14 80 21 42 258
75 17 44 216
60 (10) 55 89
12 80 23 42 273
75 19 44 232
60 (3) 55 108
8 80 25 42 298
75 22 44 259
60 6 55 141
19
bull Market proven model with Intellectual Property Protection
bull USD14million committed for six pilot projects with four (4)
already completed till date
bull Creates double value for all stakeholders including clients
bull Estimated to off-set 178043MTs of CO2 PA
bull Will create over 10000 Jobs boost rural SMEs productivity and
curb rural to urban migration
bull Seeking $8874895402 on a 3070 Equity-Debt ratio
bull High yield investment with a 17 IRR and 216 ROI
bull Exit Strategy- Share buybacks investor buyout andor an IPO
Why Invest in GVE-Ptrade
Thank you
infogve-groupcomwwwgve-groupcom
Twitter GreenVillageEle
Please do not hesitate to contact us for further inquiries andor requests
20
Management Team (All under 30)
Wale Bakare
ED Marketing
Chinedu Azodoh
CFO
Ifeanyi Orajaka
MDCEO
Chuka Eze
CTO
bull BEng ElectElect Engineering FUTO Nigeria
bull Certified Project Managerbull Experience with
ExxonMobil Shell and NIITbull GIS Rural Electrification
Planning Expert (7-Years)bull Member Global Shapersbull Management Trainings
bull Executive Masters Project Management CUPE UK
bull BEng ElectElect Engineering FUTO Nigeria
bull Experience with Shell Interswitch Nigerian Breweries and Airtel Nigeria
bull GIS Rural Electrification Planning Expert (7-Years)
bull Master of Finance MIT Sloan Boston
bull B Eng Illinois Institute of Technology
bull Experience with Barclays Capital Goldman Sachs MediaBridge Capital Advisers LLC and BGL Capital Nigeria
bull President of NSBE IIT
bull LLB amp Chartered Arbitratorbull Lagos Business School
Alumnusbull Trade Sales Manager
Nigerite Ltd (Annual sales portfolio of $308m)
bull Channel Marketing Exec Vlisco Netherland BV (Annual sales portfolio of $615m)
bull Pioneer Company Secretary
15
bull Own Manpower ndash 20 Engineers and 27 Technicians (more to be engaged with growth)
bull Technical Partner 1 (Institute of Electrical Electronics Engineers)
ndash Leading global professional organization with over 400000 Engineers as members
ndash Been Providing Pro Borno Technical support to GVE since 2009
ndash Committed over $300000 (Grant) to our pilot projects till date
ndash IEEE Nigeria Section Chair is GVErsquos Board Chairman
bull Technical Partner 2 (Schneider Electric)
ndash Global Specialist in Energy Systems Energy Management and Automation with over 170000 employees
ndash EPC partner to GVE and OEM of GVErsquos Inverters and Balance of System
ndash Has a dedicated Access to Energy Division
bull Finance Advisory (Mr Michael DeSa) Wall Street Veteran with Senior Management Experiences in Citi Group Merrill Lynch Goldman Sachs etc
Implementation Team
17
Risks Mitigating Factors1 Grid Encroachment Selling generated electricity to the regional grid
Transforming the system into a hybrid grid-tied system
Off-Grid RE solutions as GVErsquos are being promoted for rural electrification
by the FGN amp States with investment protection policies
2 Regulatory Risks bull Implementation of the nationrsquos RE master planbull Policies on RE amp Energy Efficiency in advanced development stagesbull No license and tariff Regulation for small Medium scale systemsbull Recent Governmentrsquos collaboration with major stakeholders in RE
3 Lack of patronage bull GVErsquos Pricing is the best and most attractive compared to other energy
sources including PHCN energy supply
bull GVErsquos Proposed constant power supply will be a huge incentive for
continued patronage
4 Technical Risk Sound Technical Partnerships
Robust Training Program for support Personnel amp Operators
5 Competition Proprietary Model with Intellectual Property Protection
First Movers Advantage
Robust Network of Collaborators
Risk Assessment
18
Sensitivity Analysis
Sensitive Parameters
Results
( US$075kWh peak amp US$045kWh off-peak
Tariffs respectively)
Interest Rate () Capacity Factor () IRR () Pay Back Period (Years) ROI ()
14 80 21 42 258
75 17 44 216
60 (10) 55 89
12 80 23 42 273
75 19 44 232
60 (3) 55 108
8 80 25 42 298
75 22 44 259
60 6 55 141
19
bull Market proven model with Intellectual Property Protection
bull USD14million committed for six pilot projects with four (4)
already completed till date
bull Creates double value for all stakeholders including clients
bull Estimated to off-set 178043MTs of CO2 PA
bull Will create over 10000 Jobs boost rural SMEs productivity and
curb rural to urban migration
bull Seeking $8874895402 on a 3070 Equity-Debt ratio
bull High yield investment with a 17 IRR and 216 ROI
bull Exit Strategy- Share buybacks investor buyout andor an IPO
Why Invest in GVE-Ptrade
Thank you
infogve-groupcomwwwgve-groupcom
Twitter GreenVillageEle
Please do not hesitate to contact us for further inquiries andor requests
20
bull Own Manpower ndash 20 Engineers and 27 Technicians (more to be engaged with growth)
bull Technical Partner 1 (Institute of Electrical Electronics Engineers)
ndash Leading global professional organization with over 400000 Engineers as members
ndash Been Providing Pro Borno Technical support to GVE since 2009
ndash Committed over $300000 (Grant) to our pilot projects till date
ndash IEEE Nigeria Section Chair is GVErsquos Board Chairman
bull Technical Partner 2 (Schneider Electric)
ndash Global Specialist in Energy Systems Energy Management and Automation with over 170000 employees
ndash EPC partner to GVE and OEM of GVErsquos Inverters and Balance of System
ndash Has a dedicated Access to Energy Division
bull Finance Advisory (Mr Michael DeSa) Wall Street Veteran with Senior Management Experiences in Citi Group Merrill Lynch Goldman Sachs etc
Implementation Team
17
Risks Mitigating Factors1 Grid Encroachment Selling generated electricity to the regional grid
Transforming the system into a hybrid grid-tied system
Off-Grid RE solutions as GVErsquos are being promoted for rural electrification
by the FGN amp States with investment protection policies
2 Regulatory Risks bull Implementation of the nationrsquos RE master planbull Policies on RE amp Energy Efficiency in advanced development stagesbull No license and tariff Regulation for small Medium scale systemsbull Recent Governmentrsquos collaboration with major stakeholders in RE
3 Lack of patronage bull GVErsquos Pricing is the best and most attractive compared to other energy
sources including PHCN energy supply
bull GVErsquos Proposed constant power supply will be a huge incentive for
continued patronage
4 Technical Risk Sound Technical Partnerships
Robust Training Program for support Personnel amp Operators
5 Competition Proprietary Model with Intellectual Property Protection
First Movers Advantage
Robust Network of Collaborators
Risk Assessment
18
Sensitivity Analysis
Sensitive Parameters
Results
( US$075kWh peak amp US$045kWh off-peak
Tariffs respectively)
Interest Rate () Capacity Factor () IRR () Pay Back Period (Years) ROI ()
14 80 21 42 258
75 17 44 216
60 (10) 55 89
12 80 23 42 273
75 19 44 232
60 (3) 55 108
8 80 25 42 298
75 22 44 259
60 6 55 141
19
bull Market proven model with Intellectual Property Protection
bull USD14million committed for six pilot projects with four (4)
already completed till date
bull Creates double value for all stakeholders including clients
bull Estimated to off-set 178043MTs of CO2 PA
bull Will create over 10000 Jobs boost rural SMEs productivity and
curb rural to urban migration
bull Seeking $8874895402 on a 3070 Equity-Debt ratio
bull High yield investment with a 17 IRR and 216 ROI
bull Exit Strategy- Share buybacks investor buyout andor an IPO
Why Invest in GVE-Ptrade
Thank you
infogve-groupcomwwwgve-groupcom
Twitter GreenVillageEle
Please do not hesitate to contact us for further inquiries andor requests
20
17
Risks Mitigating Factors1 Grid Encroachment Selling generated electricity to the regional grid
Transforming the system into a hybrid grid-tied system
Off-Grid RE solutions as GVErsquos are being promoted for rural electrification
by the FGN amp States with investment protection policies
2 Regulatory Risks bull Implementation of the nationrsquos RE master planbull Policies on RE amp Energy Efficiency in advanced development stagesbull No license and tariff Regulation for small Medium scale systemsbull Recent Governmentrsquos collaboration with major stakeholders in RE
3 Lack of patronage bull GVErsquos Pricing is the best and most attractive compared to other energy
sources including PHCN energy supply
bull GVErsquos Proposed constant power supply will be a huge incentive for
continued patronage
4 Technical Risk Sound Technical Partnerships
Robust Training Program for support Personnel amp Operators
5 Competition Proprietary Model with Intellectual Property Protection
First Movers Advantage
Robust Network of Collaborators
Risk Assessment
18
Sensitivity Analysis
Sensitive Parameters
Results
( US$075kWh peak amp US$045kWh off-peak
Tariffs respectively)
Interest Rate () Capacity Factor () IRR () Pay Back Period (Years) ROI ()
14 80 21 42 258
75 17 44 216
60 (10) 55 89
12 80 23 42 273
75 19 44 232
60 (3) 55 108
8 80 25 42 298
75 22 44 259
60 6 55 141
19
bull Market proven model with Intellectual Property Protection
bull USD14million committed for six pilot projects with four (4)
already completed till date
bull Creates double value for all stakeholders including clients
bull Estimated to off-set 178043MTs of CO2 PA
bull Will create over 10000 Jobs boost rural SMEs productivity and
curb rural to urban migration
bull Seeking $8874895402 on a 3070 Equity-Debt ratio
bull High yield investment with a 17 IRR and 216 ROI
bull Exit Strategy- Share buybacks investor buyout andor an IPO
Why Invest in GVE-Ptrade
Thank you
infogve-groupcomwwwgve-groupcom
Twitter GreenVillageEle
Please do not hesitate to contact us for further inquiries andor requests
20
18
Sensitivity Analysis
Sensitive Parameters
Results
( US$075kWh peak amp US$045kWh off-peak
Tariffs respectively)
Interest Rate () Capacity Factor () IRR () Pay Back Period (Years) ROI ()
14 80 21 42 258
75 17 44 216
60 (10) 55 89
12 80 23 42 273
75 19 44 232
60 (3) 55 108
8 80 25 42 298
75 22 44 259
60 6 55 141
19
bull Market proven model with Intellectual Property Protection
bull USD14million committed for six pilot projects with four (4)
already completed till date
bull Creates double value for all stakeholders including clients
bull Estimated to off-set 178043MTs of CO2 PA
bull Will create over 10000 Jobs boost rural SMEs productivity and
curb rural to urban migration
bull Seeking $8874895402 on a 3070 Equity-Debt ratio
bull High yield investment with a 17 IRR and 216 ROI
bull Exit Strategy- Share buybacks investor buyout andor an IPO
Why Invest in GVE-Ptrade
Thank you
infogve-groupcomwwwgve-groupcom
Twitter GreenVillageEle
Please do not hesitate to contact us for further inquiries andor requests
20
19
bull Market proven model with Intellectual Property Protection
bull USD14million committed for six pilot projects with four (4)
already completed till date
bull Creates double value for all stakeholders including clients
bull Estimated to off-set 178043MTs of CO2 PA
bull Will create over 10000 Jobs boost rural SMEs productivity and
curb rural to urban migration
bull Seeking $8874895402 on a 3070 Equity-Debt ratio
bull High yield investment with a 17 IRR and 216 ROI
bull Exit Strategy- Share buybacks investor buyout andor an IPO
Why Invest in GVE-Ptrade
Thank you
infogve-groupcomwwwgve-groupcom
Twitter GreenVillageEle
Please do not hesitate to contact us for further inquiries andor requests
20
Thank you
infogve-groupcomwwwgve-groupcom
Twitter GreenVillageEle
Please do not hesitate to contact us for further inquiries andor requests
20