E.ON Strategic Co-Investments

Ines Bergmann Principal E.ON Strategic Co-Investments ECOSUMMIT 2014

An Overview of E.ON

�  At facilities across Europe, Russia, and North America, our more than 62,000 employees generated approx. 122 bn € in sales in 2013. In addition, there are businesses in Brazil and Turkey we manage jointly with partners. In total E.ON has over 35 m customers

�  Between 2008 and 2013 we have invested 9 bn € in renewable energy sources; and we plan to invest another 9 bn €

�  We are currently operating 5 GW of renewable energy generation capacity

�  With our new vision “improving people’s life” we're transforming E.ON into a global provider of energy solutions and services which will benefit our employees, customers, and investors alike.

�  Our objective is to make energy cleaner and better wherever we operate.

Ines Bergmann | Ecosummit 2014 | Berlin

Strategic co-investments – Combining start-up innovation with E.ON resources to shape E.ON future

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WH

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�  Screen outside innovation �  Bring external innovations into E.ON �  Info and capital to de-risks commercial

deals �  Benefit from upside provided by E.ON

�  Equity investments linked to -  E.ON’s demonstration / validation -  E.ON’s commercial roll-out

�  Residential and C&I solutions �  Renewables balance of systems �  Distributed energy and storage �  Smart grid (regulated and unregulated)

HO

W �  E.ON T&I set-up brings value beyond capital

-  SCI & EIC close collaboration -  EIC imbedded in business

Strategic co-investments (CVC activities)

WH

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WH

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�  Capital �  35 m customers �  15 countries �  5 GW renewables �  Expertise

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Ines Bergmann | Ecosummit 2014 | Berlin

Where we co-invest in – Our focus is on business models and technologies that shape the future energy world

Residential and C&I solutions

Smart Grid

Renewables BOS

Distributed energy

whe

re

Ines Bergmann | Ecosummit 2014 | Berlin

IT & Intelligence

What type of investments – Four building blocks define the type of investments we make

�  Products can be used or leveraged by E.ON

�  E.ON may need to rely on in the future

�  Board represen-tation in portfolio companies preferred

Companies Products / services Financials Governance

�  Later and growth stage companies with technologies ready for deploy-ment

�  Strong and reliable syndicate partners and co-investors

�  Typically holding minority stakes

�  Typical investments between EUR 2 m and EUR 5 m per portfolio company

wha

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Ines Bergmann | Ecosummit 2014 | Berlin

How we co-invest – Being part of Technology & Innovation it is key to help us bring the innovation into E.ON

Execution

Management

Steering Technology & Innovation

Energy System Innovation

R&D Portfolio Management

Innovation Scouting & Co-

Investment

Innovation Centers

1 Storage 2 Renewables 5 Conv. Generation 2 Downstream 2 Energy syst.

& distribution

how

Ines Bergmann | Ecosummit 2014 | Berlin

Why we co-invested – create a win-win situation for the start-up company and E.ON

Ines Bergmann | Ecosummit 2014 | Berlin

�  Screen outside innovation

�  Bring external innovations into E.ON

�  Info and capital to de-risks

commercial deals

�  Benefit from upside provided by

E.ON

E.ON Examples portfolio companies

why

Thank you for the attention