Corporate Presentation

TURN YOUR WASTE INTO PROFIT
AT YOUR OWN SITE
Corporate Presentation
Table of content
Mission Statement
Segmentation
History
Business model
Markets
Technology
Advantages
R&D capabilities
Organization
References
Summary
Mission Statement
Your reliable partner for bio-waste to energy projects
GreenWatt is
specialized in anaerobic
digestion technologies
for organic waste
treatment and biogas
production
Mission
• Your partner for onsite
anaerobic bio-waste
solutions
Vision
• Become top of mind for the
agri and agro-food industry
Segmentation
5 different segments are covered
Fruit & Vegetable
producers
On-farm
Mixed project
Food & Beverages
Waste water
Sustainable
biomass - Opuntia
History
Foundation of GreenWatt
as a UCL spin-Off
2010
2004
10 years of experience
2014- …
Expansion phase
20 FTE
7 Projects sold
1st Sale
Development of
patented HYFAD®
2014
2007
First
Industrial
pilot
2006
Markets 2014:
Belgium, France,
Chili, Morocco
Revenue growth (M€):
2012
2013
2014E
7 projects sold
Business model
Based on EPCM and techno sales
EPCM Model
Engineering
Concept design
Plant sizing
Yield analysis
Planning
Detailed
engineering
• Consultancy
•
•
•
•
•
Procurement
•
•
•
•
Purchasing
Logistics
Quality control
Consultancy
Construction
• Installation
• Site supervision
• Quality
inspection
• Commissioning
• Consultancy
Maintenance
• Plant start up
• Remote
monitoring
• Follow up &
service
• Customized
service contracts
Techno sales
GreenWatt provides consultancy and engineering services and sells
its core technology module to local EPC specialists
Markets
5 markets served
France/Belgium
• Market conditions France: government target to build
600 new plants by 2020
• Already established market position: 2 plants
operating, 5 under construction for 2014
• Experienced sales force covering whole market
EU waste water market
• The HYFAD is a high-performance anaerobic reactor
for (high) loaded waste waters
• Waste Water Treatment specialists in EU identified as
Techno-sales partners
Markets
5 markets served
Chili
• Market conditions: Large agricultural sector , high
electricity prices
• Subsidiary opened in June 2012
• 5 large projects in engineering phase
• Significant market potential for methanization
projects
Morocco
• Market conditions: growing agricultural sector,
government focus on renewable energy
• Sales representative active since 2013
• Setting up « GreenWatt Morocco » structure
• R&D partnership signed with largest association of
Fruit&Vegetable producers
• First project in engineering phase
South-Africa
• Market conditions: large
agricultural and food industry
sector, rising electricity prices
• Market analysis with local
partner ongoing
• First project in pre-engineering
phase
Technology based on 2 innovations
2-stage process and fixed bed HYFAD® reactor
2-stage digesters
Patented HYFAD
(High Yield Flushing Anaerobic Digester)
• Separated hydrolysis and methanization phases
• Significant increase of the plant robustness
• Allows flexibility in quantity, quality and type of
organic waste
Hydrolysis
Methanization
• Fixed bed reactor, compact design
• ~4 x higher organic load than standard reactors
• High effectiveness for high loaded waste water
Hydrolysis
Methanization
GreenWatt always
offers customised
solutions!
The GreenWatt repowering solution
Performance improvement of existing plants by the HYFAD®
•
•
•
A classical 1-phase plant can become underperforming if waste mix variations are high
GreenWatt has developed a solution to integrate a HYFAD reactor into existing plants.
The HYFAD digestor stabilizes and increases the plant performance
— Gas output increases and stabilizes.
— Plant robustness increases, allowing high feed flexibility.
Advantages of the GreenWatt solution
4 key benefits
On-site model
• Substrate availability guaranteed
• No cost for logistics
• Good heat valorization
• Digestate valorization as fertilizer
Easy to operate
• Plant operation requires less than
1 hour of work per day
• Advanced plant automation
• Remote monitoring
• Limited operational expenses
Robust
• Stable and consistent methane
production regardless of variations
in input
• 2-stage process eliminates the risk
of plant acidification
Flexible
• Versatility in input allowed: from
fruits over waste water to manure
and many more!
• Stable plant performance even
with seasonal feeding pattern
R&D capabilities
Strong in-house capabilities supported by external expertise
GreenWatt’s laboratories
Capabilities to test any substrate’s
• Methane potential
• Long term reactor stability
• Chemical analysis of gas and digestate
Several applied research projects ongoing
GreenWatt’s pilot plants
Capability to test on-site specific customer
waste mix
GreenWatt’s scientific committee
• Combination of internal and external
technical experts
• Link with university and research centers
• Sets out the innovation strategy of
GreenWatt
Organization
The GreenWatt team - Solid shareholding structure
Entry of larger investors in
2012:
• GIMV: large European
Private Equity fund with 1.8
b€ under management
• Innogy Venture Capital:
corporate venturing unit of
RWE, one of Europe’s leading
electricity and gas
companies
Strong commitment of the
initial investors, several
reputable local funds
Organization
The GreenWatt team - Management team
Frans Smeulders,
CEO. 30+ years experience within the dairy sector.
Ex-CEO of Friesland Campina Professional.
Tim Beulens,
CFO. 12 years of experience in operations and
M&A management within Atlas Copco
Benoit Buntinx,
Country Mgr. Chile. Former Chairman of Board of
Greenwatt and background in building up
University spin-offs.
Benjamin Mommens,
Sales Manager Europe. Experience in sales of
Cleantech projects, former Bus Dev Mgr. at
Waterleau.
Matthieu Schmitt,
R&D Mgr. Extensive expertise in anaerobe
digesting technologies, worked for 4-years in the
sector in Latin America.
Joseph Santoro,
Eng. & Project Mgr. 20+ years of experience in
project management within the pharmaceutical
and renewable energy sector.
Reference projects
1. Endive producer
Company
One of the largest endive producers in
Belgium , 17 000 T of production per year
Biogas plant Input
3000 T/year of endive roots
Biogas plant specifications
• In operation since May 2010
• 100 kW Cogeneration unit
• 600T solid digestate per year
• 440T of CO2 reduction per year
Economics of the plant
• Green certificates & heat sales:
190 k€
• Operational & maintenance costs: 40 k€
• Total yearly profit:
150 k€
Payback time
3,5 years (40% subsidies)
Reference projects
2. Melon producer
Company
Major melon producer in France, 20.000 T/yr
of melons & 10.000 T/yr other fruits
Biogas plant Input
2500 T/year of fruit by-products, very strong
seasonality
Biogas plant specifications
• In operation since end 2011
• 100 kW cogeneration unit
• 300T solid digestate per year
• 300T of CO2 reduction per year
Economics of the plant
• Gain on waste:
• Savings on electricity and heat
• Operational costs:
Payback time
4,4 years (30% subsidies)
150 k€
77 k€
-50 k€
Reference projects
3. Carrot producer
Company
Major vegetable producer in
France, 30 000 T/year
Biogas plant Input
6 500 T/year of vegetable
waste mix
Biogas plant specifications
• Plant commissioning
foreseen September 2014
• 370 kW cogeneration unit
• 3450T of digestate per year
• 2000T of CO2 reduction
per year
Reference projects
4. Sauce producer
Company
Large producer of sauces (mustard, mayonnaise, …)
in France
Biogas plant Input
2 800 T/year of (liquid) sludge + 600 T of solid
wastes
Biogas plant specifications
• Construction ongoing today
• Plant commissioning foreseen end 2014
• 190 kW cogeneration unit:
Economics of the plant
• Net gain on electricity sales:
200 k€
• Heat valorization:
120 k€
• Savings on waste treatment:
97 k€
• Operation & maintenance:
-38 k€
• Digestate treatment cost:
- 8 k€
• Total yearly profit:
371 k€
Payback time
3,5 years (30% subsidies)
Summary
The essentials of GreenWatt
Specialized in anaerobe
digestion technologies for
organic waste treatment
and biogas production
5 segment focus
1. Fruit & Vegetables
2. Mixed wastes
3. Food & beverages
4. Waste water
5. Sustainable biomass
Focus on technology
• 2-stage digestion
• HYFAD® as added value
• Repowering solution
• Strong R&D capabilities
Solid shareholding structure
Experienced team
Operational model
• EPCM model
• Techno sales
5 markets covered
1. France & Belgium
2. EU Waste water
3. Chili
4. Moroco
5. S-Africa
Several reference projects in
operation!
YOUR RELIABLE PARTNER
FOR BIO-WASTE TO
ENERGY PROJECTS!
Thank you for your attention!
www.greenwatt.be I [email protected]
GreenWatt Benelux
Centre Monnet
Avenue Jean Monnet 1
1348 Louvain-la-Neuve
Tel.: +32 (10) 77 92 11
GreenWatt France
Agroparc
Rue Baruch de Spinoza 546
Bâtiment P. Thomas BP61225
84911 Avignon Cedex 9
Tel.: +33 (0)4 32 44 46 70
GreenWatt Chili
Av. Los Leones 220 Of. 708
Providencia – Santiago
Chile
Tel.: +56 (2)29 57 86 38
GreenWatt Maroc
18 Rue de Grenoble, 3é étage
Bureau 6 – Roches Noires
CASABLANCA
Tel.: +212 522 248 538