The Inexus Groupnext generation networks

ASSET OWNERSHIP

INEXUS GROUP

• Regulated Utility Asset Owner

• 600,000 Utility Connections

• 1,500 New Connections Per Week

• Distributor NOT Supplier

• Value from Use-of-Assets

• We Invest In Assets

• Open Access – Choice of Supplier

• Gas, Electricity, Water, Fibre, Heat

INEXUS GROUP – ASSET OWNER

Adoption of Assets

IPL

IWNL

IPNL

IFNL

ICHL

IML

Inexus Asset

Owners

Gas

Water

Electricity

Fibre

Heating

Metering

Metropolitan

Developers / House Builders

3rd Party Utility Infrastructure

Providers

Metropolitan

End Customers

Envoy

Invest in long -life assets, secure

revenues

AdoptionChannels

ConstructionChannels

• Breaking Into Monopoly Markets– Gas / Electric / Water / Fibre / Heat

• Competition – Generation / Supply / Distribution– Construction / Asset Ownership / Management– Freedom to choose supplier

• Initial Reluctance To Embrace Change– Up Stream Utility Companies– Suppliers

Experience From Utility Sector

Market Today• Now Want Sustainable Solution

– Low carbon energy – Legal requirement– Reduced use of water – Legal requirement– Affordable broadband

• Need to ‘Future Proof’• Higher Cost - Needs

– Investment / Innovation / Partnerships

• Developers ask for – ‘MUSCo’– Integrated Utility & Energy Solution– Support in planning

King’s Cross

King’s Cross – 50% Carbon Saved

• Integrated Utility & Energy Solution• Applied Utility Model to Energy Sector• Split Supply & Distribution

– Distribution - Metropolitan own all site wide assets• Electricity, Water, Wastewater, Gas, Heat and Fibre

– Supply - Heat supplied by ESCo

• Regulated Asset Ownership– Certainty for Investors– Protection for end customers– Freedom to choose Supplier

• Open Access Fibre Network

King’s Cross - Innovation

• Partnership – Argent / Metropolitan • Integrated Utility & Energy Business Plan

– Metropolitan own:• Electric, Water, Heat, Fibre, Wastewater, Gas

– Synergies in design– Cost effective construction

• ESCo shared ownership• Investment – Private Sector

– Argent invest in ESCo– Metropolitan invest in site wide assets

The Inexus Groupnext generation networks