Simply Smarter Power – For All™
Dr. Myles E. Mangram
Founder & Chief Executive Officer
IQgrid Ltd. PBC
A world without
‘Energy Poverty’
To passionately and
profitably empower the
‘energy poor’ through
innovative and sustainable
electric power solutions
1.3 billion ‘energy poor’ people world-wide in
remote rural areas of developing countries
survive without access to electricity.
Problem
Problem Cont.At the heart of the ‘energy poverty’ problem are serious challenges:
Technological
Socio-Economic
Environmental
Operational
The International Energy Agency projects that by 2030,
40% of the world’s ‘energy poor’ will have electricity
access via some type of ‘microgrid’ technology.
Solution
1.3 billion
people world-
wide without
electricity
Microgrids (mini
localized electric
utility plants)
have emerged as
the most promis -
ing broad-scale
solution available
for remote rural
electrification and
the related fight
against energy
poverty.
IQgrid Microgrid MPower Platform
Village Residential &
Commercial Users
Transmission Components
Fuel Cell
IQgrid Solution
IQgrid’s ‘microgrid-in-a-box’ waste-to-energy fuel cell platform solution
holistically addresses each of the ‘energy poverty’ challenges.
IQgrid Business Model
Government Agencies & Non-Gov.
Organizations
• Purchase & pay for systems via Power Purchase Agreements
• Transfer system ownership to villages/communities
Village Microgrid
Franchisees
• Co-operate & maintain systems w/ IQgrid
• Deliver power to consumers via IQgrid-provided microgrids
• Collect $ from consumers
Village Households
& Commercial Consumers
• Pay $ for electricity on a "per-use" tariff basis
• May receive subsidies from government agencies
Tariffs – Fixed price of electricity to consumers, established by Power Purchase Agreements.
IQgrid Value Propositions
• Affordable power for village consumers
• Financial resources for system
franchisees
• Positive social & environmental impacts
• Enhanced economic development
• Community ownership of
microgrid systems
• Franchise system benefits & support
• Provides 24-hour/day high-grade electricity
• Uses readily-available biomass (waste) fuel sources
Technological Benefits
Operational Benefits
Financial Benefits
Sustainability Benefits
Social & Environmental Impacts
Positive Social
Impacts
Improved
Productivity &
Quality of Life
Improved
Sanitation
Reduced (Recycled )
organic, human &
animal waste
pollution
Demonstrable
Environmental
Impacts
Reduced Emissions
& Fossil fuel
consumption
IQgrid Social & Environmental Impact Projections
Impact Impact MeasureSocial Impact (10-Year Total) • 5 Million “electricity empowered” village households
• $4.3 Billion ($1.5 for every $1 Invested)
Environmental Impact • 97% less pollution (including reduced CO2 & methane gas)• Solid waste elimination
Market
1.3 billion
people world-
wide without
electricity
Worldwide
Market
Potential:
‘Energy Poor’
Consumers –
1.3 billion
Microgrid
Industry - $40
Billion Per
Year by 2020
Initial Focus: Brazil, Russia, India, China & S. Africa markets (1.8 million
villages; 340 million potential remote rural ‘energy poor’ consumers)
Targeted ‘Remote Village Microgrid’ market sub-segment expected to
reach $8 Billion/Yr. by 2020
Competition
The remote rural microgrid electrification market includes a
number of small players; none of the large electric utility &
software giants are currently focused on this segment.
No single company controls more than 1/10th of 1 percent of the
1.8 million remote village households within IQgrid’s target
market (Alliance for Rural Electrification, 2015).
Centralized
Grids
Microgrid System
Providers
Stand-Alone Systems
Superior Stakeholder Value Creation:
GovernmentsLocal franchisees
Village consumersInvestors
Resources:
Transformative fuel cell microgrid technologyProprietary know-how
Competencies:
Evolutionary business model & technology
platform
Capabilities:
Unique operational & finance models
Differentiated technology & service
advantages
IQgrid is a microgrid project development “impact
enterprise” that delivers sustainable electric power
solutions to remote rural regions of global emerging
markets via mass-scale, turnkey containerized fuel cell
microgrid systems.
IQgrid: A For-profit
Benefit
Corporation
Dr. Myles E. Mangram
30+ Yrs. of enterprise and technology management experience
Highly specialized education, including MBA and Doctor of Business Administration degrees
Expert in microgrid technology management & remote rural electrification
Dr. Steven Goldsmith
Foremost microgrid authority with over 32 Yrs. of technology development experience
PhD in Electrical Engineering
Lead microgrid development scientist for Sandia National Laboratories
IQgrid Team
The current team also includes prominent legal, financial, and
subject-area experts, as well as key strategic technology alliances.
Strategic Alliances
SEab Energy - Award winning developer of waste-to-energy biogas fuel cell systems (Powers the IQgrid microgrid platform)
Encorp Energy – Established global developer of integrated microgrid hardware & software solutions (Controls the IQgrid microgrid platform)
General Microgrids– Global microgrid portfolio developer with existing
power purchase commitments (Co-develops select IQgrid projects)
• Estimated 20% Annual ROI
• 5-7 Year Exit Strategy
• Projected 10X Investment Return
Capitalization
1.3 billion
people world-
wide without
electricity
Series A:• $2.5 Million
Use of Funds:• Platform
Integration &
Optimization
• Business/Market
Development
• Super Computer
• Testing &
Deployments
Financial ForecastsSeries A : Uses of Capital Resources
Amount
Platform/Services Development $ 770,000
Marketing & Sales 145,000
General & Administrative 1,055,000
Capital Equipment 550,000
Total $2,520,000
Pro-forma Revenue Forecasts Summary
Year 1 Year 2 Year 3 Year 4 Year 5
Total Revenues $1,950,000 $9,600,000 $105,000,000 $271,000,000 $441,000,000
Gross Profit $860,000 $4,240,000 $46,000,000 $119,000,000 $195,000,000
Income After Taxes $(192,000) $1,745,000 $17,500,000 $48,500,000 $80,900,000
Simply Smarter Power – For All™
“Kudos for building a great social vision and investment thesis!”
Yogesh Amle, Managing Director
Union Square Advisors (Leading Technology-Focused Investment Bank)
Appendix – Critical Assumptions
• Cost per Village/Community microgrid system (Inc. delivery & installation) = $820,000
• Each 200 watt microgrid systems provides service for up to 1,500 individuals (about
400 households & small commercial enterprises)
• IQgrid Price per kilowatt hour = $.58 for 24-hour/day, high quality electricity
• Total cost of IQgrid microgrid system is 62 percent cheaper than potential remote
central grid connection options (Alliance for Rural Electrification, 2010)
• Target market produces large amounts of agricultural, animal, and human waste
(sufficient to produce .46 billion tons of biogas/Yr.)
• 20% to 30% of people in the developing world operate a business from their home
(World Bank, 2010)
• Five-year revenue forecasts reflect an anticipated market share of the Global Village
Microgrids Market of only 0.75% or 840 deployed systems (Navigant Research, 2014)
• Current Series A capitalization round = $2,500,000; anticipated Series B capitalization
round (2019) = $10,000,000 to $15,000,000
• Series A (Pre-Money) Valuation - $2,950,000; Series A (Post-Money) - $5,500,000
• “Impact Investment” resources reflect primary sources of capitalization - potential $1
Trillion/Yr. investment class by 2020 (J.P. Morgan, 2010)
IQgrid Ltd. PBC
Attn: Dr. Myles E. Mangram
2060 Avenida de Los Arboles #470-D
Thousand Oaks, CA 91362
(805) 493-1120
www.IQgrid.net
Contact us today to discover how you can
become part of the IQgrid ‘Doing well, while
doing good’ opportunity/solution.