EFTA01366666.pdf

Amendment #4 Page 237 of 868 Seha its r~Ola.ml♦ Costa Aka Rasuant to Artide 17 of Ire taw to ALthome Pnvate Large-Scale Electricity Generancn ' Costa Rica provides renewable energy power generators tax benefits to onset the higher cornmercel costs assocated wen renewal:de energy gereraton includng custom dui es on machinery and equpment fa Ire generation control Ira reformat on and transmission of power Renewable energy power picducers with renewable energy are also allowed to deact losses obtained &nog one tax year within the following three years Pew Semler to the other pima:tons n whch cur projects are located. Peru provides renewabe energy power generators prong incentives and tax benefits to offset the higher commerce, oasts associated with rerewable energy generabon Order a number of decrees Pelu adopted a renewable energy Buchan scheme to provide energy generators wen guaranteed payment under long-term PPAa lbder me aka on scheme, 20 year PPAs are awarded to renewable energy producers mat offer the lowest tend per Wit for a given technoOgy The energy producer e tote paid regilar recnthry rates for the energy produced accord ng to short term marg nal costs paid to all generators in the Nabonal E,ectrc Interconnected System. The addtional vermin over the regular tantf Is to be passed on to end-Leers. incurred in regular connection tons. which are established anrually The cat dated premum at the end of each tariff period will retail in a charge in favor of or against the investor which will be paid in mart, instalments throughout the 12 months immedetely b lowing the annual Iquidabcn period Such houdabon will be subject to a 12% month,/ interest rate in favor the investor. Renewable energy power producers also benefit from accelerated depecebon under Peruvian income tax laws The special depreciation rate will be no more that 20% per year, wtsch maire tret the assets can to depreciated in five years These power producers also may op fa the arempated recovery of the value added tax. a special tax regime which provides for the return of the value-added lax imposed an the importation andeor local 30QUSteal of intermalate goods. capital assets and construct on contracts and services earned Ole in the pre -commercial operations stage of the renewable energy projects Uruguay The Uruguayan government has declared the promotion and protection of domestic and internalorel investments in renewable energy a national interest The investment Act promotes among other things, power generation from renewable energy sources and Ire cewerbon to more energy &ricer! em in-Tent Renewable energy producers are el g de for various tax exemptions, among other benefits if the energy producers revenues generated from eligible actnatres exceed 79% Cif such pr oducers tidal In for or such energy producer sells etectnc power ineligible market of forward contracts Malaysia Malaysia s renewable energy program introduced feed-in tariffs for various renewable energy sources In order to be earned to sell renewede energy ceder the program at the relevant feed-ffn tariff rate. an application for a feed-,n ta nfl approval nes to be made to and be granted by SEDA the slat teary body responstre for managing the impernereaSon of the feed -in tariff mechanism Any company incorporated in laze arse may apply for a feed-in tariff approval so long as ro foreign person holds drectly or indrectly, more than 49% of votng power or the issued share captal of such company and the company is not an °Make coonterPaffY cc es associate Upon being issued the feeden lard approval. the sokv project via, weal such peno0 as may be prescribed by SEDA enter into a PPA wet" an offtake munterparty, which may be a klaimsdn utity or an incOstnal or 229 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-0058194 CONFIDENTIAL SDNY GM_00204378 EFTA01366666