Eqtec Share Discussion Threads

[nick of the north] 19/4/2021 10:27

Gives some figures for the scale of the market and EQT referenced. hTTps://www.linkedin.com/posts/energy-%26-power-market-research-fortune-business-insights%E2%84%A2_gas-gasification-gasnatural-activity-6789787479806414848-F3av

[nick of the north] 19/4/2021 09:32

hTTps://www.linkedin.com/posts/eqtecplc_sustainable-waste-to-energy-the-world-experts-activity-6789826524771061760-6-Ez

[rodrod1] 19/4/2021 08:30

Biomass-to-Energy. The Company is pursuing multiple deals in Europe, predominantly in Greece, Croatia and other central and southern countries, as well as in the USA.

It anticipates the closure in 2021 of five to eight deals with contract values to the Group totalling EUR20-40 million.

[vatnabrekk] 19/4/2021 08:29

That is an excellent "Outlook" statement, much more detailed than we usually get from companies.

[stevea171] 19/4/2021 08:17

Outlook and Future Plans

Looking ahead, we are focused on three objectives, all supported by our world-leading technology innovation and engineering, the strength of our partner network and our devotion to delivery excellence.

First, we will reaffirm our core capabilities with waste biomass-to-energy gasification through multiple deals in Europe and the USA. We anticipate closure of five to eight deals with EQTEC contract values totalling EUR20 - 40 million, which will be recognised as revenue over the life of the contract of between one to two years. We will pursue opportunities in Greece with ewerGy, in Croatia through a joint venture with local developer Sense ESCO d.o.o. ("Sense ESCO") and in California, USA with a range of local partners including developer Phoenix.

Second, we expect to recover two plants built with core EQTEC technology where operations were suspended by their owner-operators due to lack of technical integration capabilities. In Italy, we expect to lead a consortium to acquire, repower and operate a 1.0 MW plant for converting local, agricultural waste to electricity and heat for the local community. In Croatia, we expect to work through our local joint venture to acquire, repower and operate a 1.2 MW plant for gasification of forestry waste and provision of electricity and heat for the local community there. In each case we will have an option to acquire majority ownership and consolidate revenues from operations. We then expect to use these plants to showcase EQTEC technology in action to stakeholders and to undertake innovation work in a commercially active setting. The local teams we develop and mobilise to recommission and operate these will be leveraged for other work in their local markets and across the EU.

Along with recommissioning facilities containing EQTEC technology, we will pursue other decommissioned facilities with other technology. We see this as an opportunity to leverage existing infrastructure to rapidly deploy our capabilities, increase our operational footprint and further our company's mission.

Third, we will apply our expertise with the capabilities of local teams to begin construction at the Billingham, UK plant, a 25 MW plant that will produce electricity and heat. We anticipate the project will have a contract value in excess of EUR30 million, which will be recognised as revenue over the life of the contract and lead the way for the two more similarly sized UK RDF facilities in 2022.

Additionally, toward the end of 2021 we intend to close the first of several potential deals for biomass-to-bioenergy in Ireland, with partner Carbon Sole. Working with them and one or more methanation technology partners, we will pursue at least one deal in 2021 worth EUR15 million toward production of biofuels and potentially other clean energy, with similar deals to follow in successive years. Overall, for 2021, the Group is forecasting revenues from current projects, new projects and gradual growth from maintenance and consulting contracts of approximately EUR15 million in 2021, with positive EBITDA, which would make 2021 EQTEC's first year of profitability.

Finally, but importantly for the business, in 2021 we expect to invest in five significant innovation projects with existing R&D partners and with private sector companies with whom we have collaboration agreements. These will accumulate more data utilising our core technology for new types of feedstock, including all variations of RDF, sludge and plastics; as well as a range of joint technologies for applications in biofuel, bio-SNG and 'green' hydrogen.

Looking further out to 2022 and 2023, we have already identified significant growth in biomass-to-energy plant construction in Greece and the Aegean, Croatia, Italy, France, Spain, Portugal and gradually, Northern and Eastern Europe. We see further opportunity in California and possibly other parts of the USA. For RDF-to-energy and biomass-to-bioenergy opportunities, there are more opportunities identified in the UK and Ireland. Our strengthened business development team will build relationships and qualify partners in Asia so that we can pursue waste biomass and RDF opportunities and we will work with partners and potentially new staff to assess the opportunities becoming visible in the Middle East. We have identified and will target potential contract values for 2022-23 in excess of EUR200 million.

At our heart, we are a technology and engineering company and will maintain our leadership in innovation, to apply advanced gasification and grow our commercial impact further.

[rogerrail] 19/4/2021 07:31

"These revenues, together with an expected contribution from EQTEC Capital, are forecast to generate positive EBITDA, making 2021 EQTEC's first year of profitability"David Palumbo

[tygarreg] 19/4/2021 07:20

Are anaerobic digesters actually "green"?

[gspanner] 19/4/2021 07:17

No surprises particularly, good to hear of new projects in the US.

[juju44] 16/4/2021 19:42

In oversold territory now . Bounce can not be far away

[dougy1] 14/4/2021 20:07

There's a FB group of them too. Lots of articles and thoughts posted

[stuayres] 14/4/2021 18:02

Nice one, thanks Now

[stuayres] 14/4/2021 18:02

Thank you Hoper

[tell sid] 14/4/2021 13:41

Trying to hold the break above 2p.

[nowenterprise] 14/4/2021 08:58

The web version:

[phoenix36] 14/4/2021 08:37

Can you post a link as I can’t find it either?

[hoper1] 14/4/2021 08:29

Stu. It's EQTEC - investorsHope you find it.

[stevea171] 14/4/2021 07:59

From LSE. All quite exciting really.

When will the FY 2020 results be due! (Company has advised this month). At this rate they could include Feb March and April extra pipeline which at current growth rate is an extra €100m... Then we get more research updates, share price prediction rises again.. Uptick to 3p perhaps, holding pattern until first large financial closure or Wood group news or another EPC collaboration deal. All to play for as they say...

When will the first big deal be signed, who will the partner be, how many more orders are being received, how long till we get the first big cash injection from financial close, what are the new staff up to, what will the Wood group review say if it ever arrives.

What are Canaccord up to that they not only wrote a coverage note but have also become a new market maker (is this common?).

What's the status at the other Greek sites, 4 further UK sites being looked at by Logik, second site in America awaiting planning permission..

"The Parties have already identified five project opportunities for joint pursuit. The first, the Deeside RDF Project, is already under development (as announced on 8 December 2020), with four additional projects subject to preliminary due diligence."

So Deeside(20MWe), and 4 others not including Southport (9MWe with 2MW battery storage) and Billingham(25MW). Potentially 7 UK projects in total. Going to need a big EPC partnership for all that..

[stuayres] 14/4/2021 07:31

What's the group called Hoper? Can't seem to find it.

[hoper1] 13/4/2021 18:26

Take a look at the EQT Telegram group. Lots of speculation over there

[phoenix36] 13/4/2021 17:22

Anyone got a reason for this drop!!! The market is so good and down.

[arab3] 13/4/2021 11:23

You will be left talking to yourself then JuJu !

[arab3] 13/4/2021 09:41

Filtered yourself ?

[juju44] 13/4/2021 09:24

Too arrogant for my liking - filtered