A well-defined strategic M&A program that will build a diversified and resilient renewable energy platform, operating across core and expansion
European markets, creating material enterprise value for Naxxar’s shareholder and prospective equity investors
Naxxar will continue her greenfield development program, reaching RTB of (on aggregate) 1 GW wind power in 2025. Working on an acquisitions pipeline of some 1 GW.
Romania’s historical reliance on hydrocarbons and an obligation to
reduce greenhouse gas emissions by 55.0% (relative to
1990) by 2030, with carbon neutrality targeted for 2050, will drive this growth market.
Supportive regulatory framework and opportunity to
benefit from a lucrative Contract for Differences (“CfD”)
program commencing Q3/2024 adds to the attractiveness of this market.
Opportunistically target assets and platforms across solar
PV and BESS, with secured grid connections
Ambitious decarbonisation targets and strong policy
support to reduce interconnection bottlenecks through its
2023 Development Plan
Particular focus on BESS, which is supported by progressive
policy support in the form of capacity market auctions
Developing private PPA market, well positioned for
significant growth over the medium term, following the
lead of more developed markets, such as Spain
Progressive political landscape for renewable energy
development, with ambitious targets to reduce greenhouse
gas emissions by 70.0% by 2030 (compared to 1990 levels)
and reach climate neutrality by 2045
Large focus on onshore wind, supported by a
comparatively low Levelised Cost of Energy (“LCOE”) and a
liquid corporate PPA market
Opportunity to leverage Naxxar’s existing renewable
energy ecosystem in Denmark to generate leads and
opportunities
Focus on adding pipeline, platforms and capabilities
Germany will become Naxxar Energy’s key target market, benefitting from the experience of Naxxar’s founders, shareholders and their network in EU’s biggest economy.
Naxxar already earmarked wind power projects in Germany, aiming at some 1.5 GW by 2026/2027.
Seeking opportunities that can add pipeline, platforms and
capabilities and diversify across technologies as a core
market for Naxxar. Leverage Naxxar’s existing renewable energy ecosystem in
Germany to generate leads and opportunities.
Particular focus on onshore wind opportunities, following
progressive legislation (Onshore Wind Law passed in 2022)
and a record year of installations in 2023 (3.5GW).
Opportunistically target pipeline, platforms and assets
across onshore wind, solar PV and BESS
Home to Europe’s leading private PPA market, and a
competitive project finance market, the Spanish renewable
energy landscape presents a clear path to the
commercialisation of projects
Abundance of renewable energy resource, with Global
Horizontal Irradiation (“GHI”) of between 1,600 kW/m2
and 1,950 kW/m2 per annum (2)
Strong potential for BESS deployment pending progressive
regulatory support
Renewable Energy is the Key to our Life and Freedom in the Future. It is the Backbone of a sustainable Economy, too.
Strada Barbu Văcărescu, nr. 201, București
031 436 3173
office@naxxar.energy
©2024. Naxxar Renewable Energy.
