EFTA01367230.pdf

Amendment #4 Page 801 of 868 I shlr 4 Cons Eolo de Nicaragua, S.A. (A Nicaraguan Entity) Notes to financial statements December 31, 2014 and 2013 (amounts expressed in US dollars) 1. Corporate minion Eolo de Nicaragua S A (Edo' or 'the Company) was organized as a oorporason on Jury 1, 2008 under the taws of the Republic of Nicaragua Edo is domiciled in Rives. Nicaragua. The Company is a wholly-owred sutedary of Get:elect Mesoamenca Energy (Wind) United fGME Wire). a company incorporated in Bermuda. and Edo's ultimate parent carbany is Acts Infrastruchse Fund 2LP The Conbarrys train activity is the generatirn of electricity from its 44 megawatt wild electric power.generaIng park bated In RIVISS, Nicaragua etre Protect') This admty is regulated by Nicaraguan Law No 272 of June 23. 1998 Eob was grafted the commercial operation status on December 1. 2012 by the Institut., thcaraguerse de Energla. Energy sales began in December 2012 The Company has entered into Iwo power purchase agreements (PPAs) with Castntuiclora de Electrcidad del Sur, S A (Dams) and Mantuan de Electnadad del Node. S A (Disnate) to sell the Projects energy The Project was registered as a Clean Development Mechanrem (CDM) protect under the United Nations Framework Convention on Climate Charge on June 18. 2012 and for a creating period from January 1, 2013 through December 31. 2019 The Protect is therefore eligible for Celled Emission Reductions (CERs) staring on January 1, 2013 Tile Company does rot nave traded ded or ecsely in Ire obit markets The accompanying fina-cial statements have teen preournd for use in a securities fang in connection with the atiluittiliOn of the Company as expraired n Note 24 2 Power purchase agreements and regulations governing autonomous private or parallel generation of electricity in Nicaragua As per Nicaraguan regullitien, ciubtiC private and mixed comps nes we st.bect to Law No 272 of nine 23. 1998 Actor/erg to This law, economic agents dedicated to energy generation acmes can subscnte contracts for the purcnase.sele or electricity with distriators and !arse consumers, and can sell thee production tulty or pylon/ n the spot make and can export efectncity as wee 3. Basis of preparation of the financial statements If Statement of conprance T re Company's financial statements as of December 31 2314 and 2.013 were prepared in accordance with international Financial Reporting Standards (IFRS) as issued by the Irnernahonal Act:ageing Standards Board The Company s enarCiaI Slat monis as of December 31 2014 were first approved for entente by the CoMbarrys Chef Execurve Officer and Over Financial Officer on Jaruary 8 2018 and were subsequent,/ approved by the Company's sharehoklers The accompanying restated Inertial statements have been F-481 http://cfdocs.btogo.com:27638/cf/drv7/pub/edgar/2015/07/20/0001193125-15-256461/d78... 7/20/2015 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0058758 CONFIDENTIAL SDNY_GM_00204942 EFTA01367230