Page 13 - Phelan Energy Green Ammonia Plant Egypt

PEG Financial Performance – Net Asset Value (NAV)
• PEG’s robust balance sheet with a Net Asset Value of $150m is positioned for growth and investments into the pipeline projects
• NAV 5-year CAGR of 13% (2018-2023)
• PEG’s 23 Feb year end Cash position is projected to cover the $105m which PEG has
earmarked to invest in Egyptian Ras Shukeir green ammonia project as equity
• PEG parent company is debt free and any SPV debt funding is non - recourse to the parent.
$88
$93m
$93m
$96m
$96m
$129m
$107m $138m
$106m $143m
$150m
$205m
$175m
$190m
2017 2018 2019 2020 2021 2022 2023P
Consolidated Total Assets ($m) Consolidated Net Asset Value ($m)
Note: PEG consolidated Group Holding Company Accounts are reported in Sterling Pounds. For this presentation they have been converted to US Dollars at a rate of exchange of $1.14 as at Sept 2022. Exchange Rate GBP/USD = $1.14/GBP
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