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Financial Performance – Post-Tax Consolidated Net Income
• PEG’s long term financial performance is underpinned by high margins and consistent profitability with projected NI of $22m year end 2023
• PEG takes pride in its strong profitability growth being one of the leading renewable energy IPPs in its segment on profitability per MW
• Group NI growth 5-year CAGR of 28% (2018- 2023)
• Diversified Revenues streams – Energy sales, EPC, O&M & Asset management services (MSA)
• Effective tax and non-recourse project finance debt structures
$38m
$6m
$9m
$22m
$4m
$41 m
$22m
2017 2018 2019 2020 2021 2022 2023P
Consolidated Net Income ($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
© Phelan Energy Group
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