EFTA01366647
EFTA01366648 DataSet-10
EFTA01366649

EFTA01366648.pdf

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Amendment #4 Page 219 of 868 TOIr. 91. colelm Our Msleysisurgent SoVersfar Pav,))on Cur Sherds, Pavilion protect is located in Sepang Malaysia at are Kuala Lumpur International Axport This 5 1 MW capacity protect commenced commercial operations Wing the fourth quarter of 2013 Thrs product utilizes fixed Mt technology To comply wth local ownership laws, the protects common eau ty is held 52% by the local partner and 48% by us. Our economic interest in the poet* is 51% with the remaining 49% held by the local canner. Provisons of the corporate goverrwrce documents provide us with sufficient influence wth respect to signer-ant corporate and other operating matters The cougerparty to the PPA is Malaysa Airports (Sabena) Sdn Bhd 'MASS& whch is a wholly owned ateckary of Malaysia Moons Hokin:ft Berried or' NIAHB MAMEI owns free international and 16 domestic airports and controted by the Malaysian government MARBs Mock is listed on the man market of Bursa Malaysia and is rated A3 frcen Moody's and its senor debt program is rated AAA from RAM (Ratings Malaysia) Its PPA is scheduled to terminate during the fourth quarter ot 2034 and provides fora flat tariff of MYR 1 37ikVYn (approximately SO 39/10/1010 wan the payment of penalties in case of any failure lo purchase power by the counterpany. The PPA for Severstar Pavilion ponces for actistments to the feed-in tare rate on the total solar energy generated in a year f SEDA deternmee that the project has acheved cost panty, as described below Fortuna f I Cu Fortin 11 project is located h Sepang. Malaysia at the Kuala Lu-npur Irternatonal &pat This 4 8 MW ca pacity project commenced commercial operators during the fourth quarter of 2013 This project Ltilizes tracking technology To comply with local ownership laws the projects common equity is nerd 52% by the local partner and 48% by us We also own redeemable preference snares and shareholder bans soon that we have 95% ce the economc interest in the project with the local canner hmarg tre remaining 5% economic Interest In aeon on. provisions of the corporate governance documents provide us with sufficient influence with respect to arrant corporate and other operating matters The couiterparty to the PPA is Teroga Masons' Berhad, or winch is Mataysos brgest Wlily cornpani and is motonlyowned by the Malaysian government TNB has a credit rating of BBB+ from SSP. Baal from Moody's and AAA from RAM (Ratings Malaysia) for lorg-termIowan and 'coal debt The PPA s scheduled to terminate Wing the fourthcmarter of 2034 and movers for a flat tariff of MYR 0 90/1rWls (approximately SO 26rIONT) with a payment of penalties in case of any failure to purchase power by the corterparly The PPA for Fortune 11 provides for adsistments to the reedit, lanff rate on the total soar energy generated in a year t SEOA determines that the project has achieved 'cost parity." as described below Corporate Season Our Corporate Season protect is located at the satette terminal of the Kuala Lumpur irternatonal Airport in Sepang. Malaysia This 2 5 MW capacity project commenced commercial operations during December 2013 Ths protect utilizes Cored tilt rooftop installation technology To conpy with local gryish') laws. the project's common equity is red 52% by the local partner and 46% by us We also own redeemable preference shares and shareholder loans such that we rave 62% of the econcrne interest in the protect with the local partner having the remairwrg 38% ecorcmc interest In addition. movsons of the corporate governance oloornents provide us with sufficient influence with respect to sonficant corporate and other operating matters 211 http://cfdocs.btogo.com:27638/cf/drv7/pub/edgar/20 15/07/20/0001193125-15-256461/d78... 7/20/2015 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0058176 CONFIDENTIAL SDNY_GM_00204360 EFTA01366648
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EFTA01366648
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DataSet-10
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