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Clean Energy Trust. 17+ million businesses in Nigeria (86% of total) rely on generators for ~70% of their power Expensive ($0.40 - $0.60 /kWh) Dirty (29 million metric tons of CO2 / yr ) Social headache (adds 40% to cost of goods/services) . Big Problem – Diesel Generators.
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17+ million businesses in Nigeria (86% of total) rely on generators for ~70% of their power • Expensive ($0.40 - $0.60 /kWh) • Dirty (29 million metric tons of CO2 /yr) • Social headache (adds 40% to cost of goods/services) Big Problem – Diesel Generators
$14 billion /year opportunity, growing at 7+% p.a. as economy/population expands • $10 billion /year spent on generators plus $4 billion on related diesel fuel Provides Huge Opportunity Population: 170 million 7th most populous in the world GDP (2012): $262 bn 2nd largest in Africa (6+% growth p.a.) Generating capacity: Grid: 4,000 MW Generators: ~6,000 MW
Data-driven, bottom up approach to reducing diesel consumption • Diagnostic tool locks in customers with energy efficiency savings • Provides platform to deploy Solar PV and other complementary services (utility services) Our Solution – The BPS Platform Generation – Distributed Solar Diagnostic Tool – Beacon Monitor 1 3 2 Utility Services Uses Monitoring data to develop and finance PV based generation Offsets further 40% of diesel use PPA model; - BPS develops/owns/operates - < 3.5 year payback on installation cost Monitors and controls energy use Reduces diesel usage 20+% (energy efficiency) Client acquisition tool; - locks in customers, - recurring revenue - razor/razor blade model Broad footprint - Target 5,000+ locations - Platform for utility services Examples include - Smart grid - Demand response - Capacity (generation) management 4 4
1 Combination of hardware and software developed by BPS but hosted on partner vendors’ platforms Diagnostics - Beacon Monitor Overview Adapted technology to work in unique African environment Understand unique needs of commercial facilities in the region
1 Measures and records power use, source (grid or generator), generator run time (hours) and associated diesel consumption (liters) in 15 minute intervals Diagnostics - Beacon Monitor Information Data used to; - size (optimize) diesel generators - identify/eliminate energy waste - monitor/manage energy cost (audit tool) - harness renewable generation (solar)
1 Restaurant operated 300 kW diesel generator 36,000 gallons and $144,000 used/spent p.a Diagnostics - Beacon Monitor Case Study Value Saved ~$40,000 (replacement cost) “right sizing” to 150 kW - offsets one-time BPS fee of $15,000 Ongoing ~$50,000 /year diesel cost savings - offsets $3,000 annual fee to BPS Reduced CO2 by ~360 metric tons p.a. - Equivalent to taking 70 cars off the road! Demonstrates client acquisition strategy – multi-facility owner, show value at first location, replicate at other locations, sell complementary services (solar PV) Deploying 18 Kilimanjaro restaurants AND developing solar PV (further 40% offset in diesel use) Impact Model
2 • Beacon Monitor provides data to design/develop PV solution (allows further 40% diesel reduction) • Pool of Beacon Monitor users provide captive base for solutions such as PV generation • Already demonstrated value (established trust) • Data enables sizing, design and installation of appropriate PV solutions • Data provides basis to access debt financing (reduces cost of ownership) Generation – Harnessing Solar PV
3 • Large footprint enables provision of utility scale services which don’t currently exist in Africa e.g. The Future – Utility Scale Services • Grid management to ensure stability (e.g. Comverge, Enernoc, Itron) • Demand response (e.g. Comverge, Enernoc, Itron) • Network of renewable distributed generation (e.g. REC Solar, SolarCity)
Beacon Monitor II – a scaleable, cloud based software platform • Interactive, increased energy efficiency capabilities Company Evolution – Develop Platform for Scale • Create strong network effect – aggregating energy usage/data across multiple locations • Target 5,000+ facilities within three years - platform to unlock solar PV, utility services
Founded in Chicago, February 2010 Senior team has strong sector experience and track record of achieving results in Africa BPS Team BimAdisa, Founder/CEO NnamdiAgbakwu, Consultant - Beacon Monitor ChikezieNzewi, SVP Operations J.S. Roy, VP Solar PV 7+ years developing solar PV projects Prior tenure at Socore and Power2Switch BSC Industrial Engineering, Michigan, MBA Chicago Booth 12+ years implementing energy efficiency projects Led development of several award winning LEED projects BSC Mechanical Engineering, San Francisco State University 8+ energy technology/software development Metering/data management at Schneider, Accenture Master of Engineering, Colorado, Executive MBA candidate Kellogg (2015) 8+ years in financing and developing renewable projects Prior tenure at Deutsche Bank, Rolls-Royce and British Airways Beng Aerospace Engineering, MBA Kellogg
Summary - Why BPS Attractive high-growth market Already showing results Building platform for sustainable advantage Simple yet effective solutions Solving a big problem $14 billion /yr. market in Nigeria alone $35 billion across sub-Saharan Africa No technology risk Adapting existing solutions in unique environment 60+ million generators Producing expensive, dirty power Related social problems 11 locations, $1 million /yr. revenue run rate 35+% current gross margins 20+% average diesel reduction achieved 5,000 + commercial facilities Provides footprint/channel for multiple services Enhanced by brand and IP
For additional information, contact: badisa@bpsafrica.com +1 773 875 2028 www.bpsafrica.com