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Mondial Energy Inc

Mondial Energy Inc. Solar Energy Without the Capital Cost. Climate Change Solutions for Canada and the World: Financing and Partnerships. Mondial Energy Background. Business Model Management Team Profile of Large Scale Projects Role of Financing and Marketing Partnerships.

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Mondial Energy Inc

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  1. Mondial Energy Inc Solar Energy Without the Capital Cost Climate Change Solutions for Canada and the World: Financing and Partnerships

  2. Mondial Energy Background • Business Model • Management Team • Profile of Large Scale Projects • Role of Financing and Marketing Partnerships

  3. Mondial’s Business Model • Renewable energy • that is cost competitive with fossil fuels today • Metered deliverable • sold on long-term contracts • source is an adjunct to the conventional source • generated with zero emissions Economic Sustainability

  4. Mondial Management • Board of Directors • Grant Sawiak, Partner, Securities Law Group Chair, Fogler, Rubinoff LLP • Robert Shoniker, President, RG Shoniker and Associates and Courage Capital Corporation • Harold M. Wolkin, Managing Director, Diversified Industries, Investment and Corporate Banking, BMO Nesbitt Burns • Alex Winch, President, Mondial Energy, Beach Solar Laundromat and Grange Avenue Research Corp. • Management • Alex Winch, President • Fred Gillespie, Vice President, Sales • Patty Hargreaves, District Sales Manager • Ian Sinclair, Vice President, Engineering

  5. Large Scale Projects Seniors Residence, 11 Coatsworth Ave. - Toronto • 172 Suites • 88 flat plate Solar Thermal Panels • Domestic Hot Water • Displaces 20,280 m³ of gas annually

  6. Large Scale Projects Seniors Residence - Toronto 11 Main Street & 680 Kingston Road • 64 and 44 Suites • 80 flat plate Solar Thermal Panels • Domestic Hot Water • Displaces 18,600 m³ of gas annually

  7. Large Scale Projects TEAM funding: Long Term Care Center - Toronto • 290 Evacuated Collector Tubes and Adsorption Chiller • Domestic Hot Water & Air Conditioning • Displaces 20,000 m³ of gas annually and • Displaces 145,200 kWh of electricity annually

  8. Role of Partnerships • Financing – Equity Capital • Mondial was set up as a private company • Seed capital was provided by directors • Two rounds raised $200,000 • Private Placement in the fall of 2005 • 50+ shareholders, raised over $2 million

  9. Role of Partnerships • Debt Capital • Mondial has been approached by several of Canada’s first-tier banks • We are structuring a revolving facility to be taken out by fixed term debt • Total leverage under discussion is 3:1

  10. Role of Partnerships • Project Financing • In each of our projects we look for sources of grant money which can lower our risk and increase our return on equity • REDI program with NRCan is an integral part of the projects we are doing in Canada • In other jurisdictions, we look for the tax or grant incentives for renewables parallel to REDI

  11. Role of Partnerships • Project Financing • In each of our projects, we are open to discuss sharing the ownership of the project with the building owner • We are developing a proposal for a poultry processing plant in Delaware which will involve third-party project finance, either as an LP or a JV.

  12. Role of Partnerships • TEAM – our partner is funding the risks of innovation • The first North American solar cooling facility using an adsorption chiller in at the Ukrainian Canadian Care Centre • The capital cost of our project is too large for our portfolio today • TEAM and REDI are supporting us with grants • Mondial has received significant expressions of interest from the Middle East in our work

  13. Role of Partnerships • Marketing • Channel Partner program • Harnesses strategic existing strengths • Markets Mondial in return for a commission • Commission tied to delivered kWh • Creates an annuity for the marketing partner

  14. Channel Partners • Bluewave Energy, Halifax • A distributor of heating oil selling $90 MM • Approached Mondial to represent us in the Maritimes: NS, NB, PEI and Nfld • We teamed Bluewave up with Thermodynamics • First projects are under negotiation

  15. Channel Partners • Green Global Village, London • A leading consultant in the travel industry • Approached Mondial to collaborate with us to provide renewable energy to the tourism industry • Five hotel chains with over 6,000 combined properties worldwide have been identified, and are being approached as a pilot project

  16. Engineering Partners • Mondial is working with Canadian designers on our projects to date • We find ourselves pushing the Canadian envelope of what is possible – racking, roof attachments, building permits and volume • Mondial has been approached by a large German engineering firm, interested in being our global designer and installer

  17. Mondial Energy Inc Contact Information Alex Winch, President 2240 Queen Street East, Suite 200 Toronto, Ontario M4E 1G2 Canada awinch@mondial-energy.com 416-698-6190

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