White Owl Capital AG Company Profile May 2010
© WHITE OWL CAPITAL
White Owl Capital AGCompany Profile
May 2010
© WHITE OWL CAPITAL
Specialized issuing house for closed-end investment fond companies with a primary focus on photovoltaic and sustainable investments
White Owl CapitalProfile
WOC in figures: 4.500 investors, EUR 380m investment volume, and EUR 110m equityManagement with experience from more than 60 transactions and more than EUR 2,8 bnSole PV-Initiator with own asset management company
WOC in figures: 4.500 investors, EUR 380m investment volume, and EUR 110m equityManagement with experience from more than 60 transactions and more than EUR 2,8 bnSole PV-Initiator with own asset management company
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White Owl CapitalLatest News
Establishment of WOC Asset Finance Feri EuroRating Top 3 „New Energy Award”Transparency: Interim Statement 2010Framework agreement with Gehrlicher exceeding EUR 280mScope Management RatingVGF-MembershipSigning of contracts: 11 MWp BailaderoSigning of contracts: 3,5 MWp MallorcaSigning of contracts: 11,2 MWp Spain Equity funds raised during in 2009 exceeding EUR 107m
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White Owl CapitalOrganisation
White Owl Capital AG
Trustee Conception Asset Finance
Investor Administration
Investor Relations
Ongoing Reporting
Investor Portal
Public Placements
Private Placements
Exclusive Fond Design
Project Accessabilitiy
Transaction Management
Project Finance
Contract Drafting
Service Provider for Fund Initiators
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White Owl CapitalResult of Placement 2009
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Economic Statement of the WOC GroupResults
The WOC-Portfolio comprises13 open space photovoltaic projects in Spain4 roof top photovoltaic projects in SpainVolume of approx. EUR 240.000.000
The ResultsACT-Purchase Price Multiplier 9,1 (Expected 9,5)ACT-Interests for Financing < 5% (Expected 5,75%)Preliminary Allocation of Dividends at WOC 01Investment activity at WOC 02 over target
Investment exceeding targetsInvestment exceeding targets
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White Owl CapitalExpertise in photovoltaic power plant financing(open space)
Solarpark Coreses (Spain), 4,3 MWCompleted January 2010
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White Owl CapitalExpertise in photovoltaic power plant financing(open space)
Solarpark Villamartin (Spain), 6,3 MWCompleted March 2010
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White Owl CapitalSolar Management
Florian PfefferTradesman (M.A.)
Director in Spain at Epuron SLChief of international project financefor Conergy AGFurther stages: Deutsche Bank, HypoVereinsbank, KPMG
Experience from more than 20 transactions of projects exceeding EUR 800m in SpainExpertise: 18 out of 20 were cross-border transactionsExisting data conclude to a long-term over performance
Experience from more than 20 transactions of projects exceeding EUR 800m in SpainExpertise: 18 out of 20 were cross-border transactionsExisting data conclude to a long-term over performance
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White Owl CapitalSolar Management
Dr. Christian von GerlachSolicitor, economist, salesman (M.A.)
Head of Structured FinanceQ-Cells InternationalAssistant chief Solar Energy Europe Origination HSH NordbankHaarmann Hemmelrath, Insolvency & Reconstruction
Experience from more than 40 transactions exceeding EUR 2 bn in volumeInternationale Expertise: 32 of 40 were cross border transactions
Experience from more than 40 transactions exceeding EUR 2 bn in volumeInternationale Expertise: 32 of 40 were cross border transactions
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WOC Nachhaltigkeitsfonds 03Factors for Success
Factors of Success for Solar Investments
Specialized Asset Management combined with long-term international experienceIdentification with and between competent partners (Gehrlicher, IBC, Solon)Involvement of technical experts (aBalados)Close cooperation with local law firms and accounting firmsRectified/linked interests of project partnersSound and thorough technical, tax and legal Due Diligence
Benefit from expertise and strong market presence of White Owl Capital.Benefit from expertise and strong market presence of White Owl Capital.
© WHITE OWL CAPITAL© 2009 White Owl Capital AG
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