Epstein Secrets

28 and provides for a base price of BRL 121.00.0511 (approximately SO 04 kWh). Ousted annually based on the IGP-M general price Index. SaVarla Our Salvador project is located ri the ones of Guarombi GaeM6 and 'gnat of Bahia Brazil This 195 2 MW capably aged commenced commerce] operators donne the Madqua

e fnancing arrangements. Our Brazil projects ESPRA Our ESPRA project is located in the cties of Itarnataju. Jucuruga. Vinod. and Medeiros Nato of Bahia. Braze This 41 8 MW capacity project corn-fenced commercial Operations airing tre second quarter of 2008. The project has three edvidual twdroeectri

rees or that the project entities are required to maintain Project Distribution requirements" Financial malMenance covenants Cash sweep trigger Salvador 1.33x debt service coverage 3x montrly and debt semce costs 1 30x <Mix service coverage N/A Bahia 1 33x debt semce coverage 3x rrontNy OW and

malMenance covenants Cash sweep trigger Salvador 1.33x debt service coverage 3x montrly and debt semce costs 1 30x <Mix service coverage N/A Bahia 1 33x debt semce coverage 3x rrontNy OW and debt service oasts 1 33x debt service coverage N/A Distnbtaions pr ohitoted tool January 2018 ESPRA

e 'Company') comprises the operating assets. Imbibes and operating acentres of Energetic. Serra do Prata S.A (Ewe). Salvador Ealca ParbapagdeSS A (- Salvador), Bahia poloa pancipagdes S A rearm ), all indirect-wholly-owned Braaten subsdurnes of Renova Erverge S.A (Remove' or 'Pared), a Braden listed compa

Wind Energy Feellitles—Throup Bahia and Salvador, the Group sees electric energy generated from its 14 wind energy facilities located in the State of Bahia who!) began operations n 2012. All energy generated from tre complexes are sold infer long-term PPM with the Camara de Canearatasoao de Enema Eketn

n the Longterm fairest Rate (Taxa de Junos de Longo Ptazo—TJLP) as dfered by BLADES plus a credt spread ranging from 1 92% for subsociary entries of Salvador and 2 18% for subsdary entries of Bahia. For the period ended March 31.2015 and December 31, 2014, TA_PW3S 5 5% Principal and interest are payable m

de Longo Ptazo—TJLP) as dfered by BLADES plus a credt spread ranging from 1 92% for subsociary entries of Salvador and 2 18% for subsdary entries of Bahia. For the period ended March 31.2015 and December 31, 2014, TA_PW3S 5 5% Principal and interest are payable monthly from May 2013, with final maturity

ralized by the pledge of its shares in Enertcras and a collateral assignment of assets and certain nights to dinderrls Catnbuted by Espra. Bahia and Salvador which are deposited in a restricted accosts Transactions with otter related panes included tie following Director's end issy mu • oadement remunetr

re collateralized by the pledge of its shares in Enertcras and a collateral assignment of assets and certain nights to dinderrls Catnbuted by Espra. Bahia and Salvador which are deposited in a restricted accosts Transactions with otter related panes included tie following Director's end issy mu • oade

the Long-term Irterest Rate (rasa da Juros de Longo Prazo—TJLP) as offered by ENDES plus a credt spread ranging from 1.92% for subedary entities of Salvador and 2 18% for subeclary entities of Bahia For Me veers ended December 31. 2014 and 2013, TJLP was 5 5% Pnncipal and interest are payable marshy from

with ergOES, which have an ottstanOng principal amount of R 96.960 The sip-loam tear variable interest at TJLP rate, arc mature in 2019 and 2029 for Bahia and Salvador respectively Borrowings under Ire MOBS rnerong agreements are seeded by a deOge of the Metes of all Sti3810181030 or Bahia arc Salvador