Electrifying the world with Offshore Floating Solar

Why invest:

SolarDuck is building the world’s leading offshore floating solar company while offering societies access to affordable renewable electricity, through the delivery of turnkey and profitable offshore floating solar solutions.

Key investment highlights

Fast growing market

  • Exponentially growing solar market moving offshore.
  • Levelized cost of electricity (LCOE) of floating solar is already becoming competitive.
  • Floating solar market to grow 6x to +12 GW1 in 2025 according to Fitch Solutions research.

SolarDuck's unique offering

  • SolarDuck is developing an innovative and highly scalable floating solar platform solution.
  • First pilot launched in April 2021 and successfully connected to grid.
  • Floating solar platform has already obtained certificate of design from
    Bureau Veritas.

Strong pipeline

  • Maintain capital light business model with scalable revenues as project sizes grow.
  • Targeting 15-20% market share in the rapidly growing offshore solar market.
  • Five year target to sell +300 MWp p.a. with +€50 million in EBITDA.

Experienced technical team

  • International team with combined +80 year track record in maritime R&D & energy.
  • Technology driven management with demonstrated ability to develop solutions.
  • Extensive network in energy project development.

Capital raise to fund commercialization

  • Large scale offshore pilot to be commissioned in 2022 to finalize technology de-risking.
  • Scale-up up commercialisation including setup of ‘pop-up’ assembly lines.
  • SolarDuck shall be competitive on costs with other energy sources in key markets.

Share information

IR Policy: SolarDuck goals is that all participant in the financial markets have simultaneous access to accurate, clear, relevant and complete information about the Company’s performance and market position. In addition, we comply to relevant laws and the Continuing Obligations for companies admitted to trading on Euronext Growth Oslo.

Key share info

Market place

Euro Next Growth Oslo

Ticker

-

Trading Currency

NOK

Latest share price development, trade volumes and other share information can be found on Euronext Growth.

All our stock exchange notices can be found Euronext Growth Oslo Newsweb.

Dividend policy: SolarDuck is in a growth phase and does not expect to pay any dividends in the near future. Any future decision to pay dividends will depend on the company’s financial position, operating profit and capital requirements.

Main Shareholders

Investor

Ownership

Shares

Investor 01

5%

125,000

Investor 02

5%

125,000

Investor 03

5%

125,000

Investor 04

5%

125,000

Investor 05

5%

125,000

Investor 06

5%

125,000

Investor 07

5%

125,000

Investor 08

5%

125,000

Investor 09

5%

125,000

Investor 10

5%

125,000

Investor 11

5%

125,000

Investor 12

5%

125,000

Investor 13

5%

125,000

Investor 14

5%

125,000

Investor 15

5%

125,000

Investor 16

5%

125,000

Investor 17

5%

125,000

Investor 18

5%

125,000

Investor 19

5%

125,000

Investor 20

5%

125,000

Total

100%

1,500,000

Updated as of 17.06.2021

Primary insiders

Investor

Ownership

Shares

Investor 01

5%

125,000

Investor 02

5%

125,000

Investor 03

5%

125,000

Investor 04

5%

125,000

Investor 05

5%

125,000

Investor 06

5%

125,000

Investor 07

5%

125,000

Investor 08

5%

125,000

Investor 09

5%

125,000

Investor 10

5%

125,000

Updated as of 17.06.2021

Investor Contact

SolarDuck

Anna Grebenchtchikova
CFO
Anna.Grebenchtchikova@Solarduck.tech

Analysts

Name
CFO
person@email.com
Tel: 1122334455

Auditor

Name
CFO
person@email.com
Tel: 1122334455

Financial Calendar

Type

Date

Annual report

Wednesday 24 March 2022

Annual report

Wednesday 27 June 2022

Annual report

Wednesday 11 April 2022

We intend to announce our results 7:00 am CET(CEST). The results will be available on our website under Reports and Presentations through Euronext Oslo Børs's Newsweb. We practice a silent period of two weeks ahead of result announcements.

Reports and Presentations

Media from webcasts

Annual General Meetings