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sk, we believe that these risks have been well mitigated as described in the table below. Loan Nature of Construction Construction Risk Mitigants Cheniere Energy (SPLNG,CCTP) Assets includes operational pipeline, 4 operational LNG terminals, and 1 re- • Lump-sum, fixed-price, turnkey EPC Contracts for the

on limitations that require 85% of the portfolio to be comprised of loans secured by operating assets. For reference, there are 3 loans currently in RIN l's portfolio that are either (i) greenfield construction or (ii) have a large brownfield expansion underway and comprise —12% of RIN l's portfolio as o

sk, we believe that these risks have been well mitigated as described in the table below. Loan Nature of Construction Construction Risk Mitigants Cheniere Energy (SPLNG,CCTP) Assets includes operational pipeline, 4 • Lump-sum, fixed-price, CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL DB-

on limitations that require 85% of the portfolio to be comprised of loans secured by operating assets. For reference, there are 3 loans currently in RIN l's portfolio that are either (0 greenfield construction or (ii) have a large brownfield expansion underway and comprise -12% of RIN l's portfolio as of

sk, we believe that these risks have been well mitigated as described in the table below. Loan Nature of Construction Construction Risk Mitigants Cheniere Energy (SPLNG,CCTP) Assets includes operational pipeline, 4 operational LNG terminals, and 1 re- • Lump-sum, fixed-price, turnkey EPC Contracts for the

on limitations that require 85% of the portfolio to be comprised of loans secured by operating assets. For reference, there are 3 loans currently in RIN l's portfolio that are either (i) greenfield construction or (ii) have a large brownfield expansion underway and comprise - 12% of RIN I's portfolio as