EFTA01366885.pdf

Anlendillent Page 456 of 868 Hidroelectrica Santa Cruz S.A.C. Notes to the interim financial statements As of l'Auch 31. 2015 (unaudited) and December 31. 2014 (audited) 1. Identification and business activity (a) Identification HictroelEctica Santa Cruz SAC. (hereafter •the Company, is a Perwen entity ircorporated on December 21. 2006, in the sty of Lyre. subsictary d Latin America Power Peru S AC (a Subsidiary of Latin America Power Hddirg B V.. domiciled n the Netherlands). which holds 653 percent of the voting shares of he Company's carder stock (a 30 54 percent direct participation and a 35.16 percert indirect particcetion through FSC Holing S AC) (b) Business activity The Company n dedicated to the generation and sale or eleancity to local private and state-owned companies, as well as to engineenng admires arc aacns related to its business actway. Its legal dOrriCile is Av del Pinar N 152 acne It 508 Santiago de Surco, Lime, Peru As of March 31, 2015 and 2014. the Company is developing the Santa Cruz III Hycitekcato Plant which is located all along the Santa Cr12 River (Caraz, department of Marsh) Said plant will have 2 8 MW d generation cepacty Construct on started in January 2015 and commercial operators are estimated to start ty aay 2016 On January 12, 2012 and February 15. 2012 the Company started the commercial operations of Group 1 and Group 2. respectively, d the Huasahuasr I Hydroelectric Plant. which has 10.0 MW of generation capacity Said part a located in the ban of the Huasalvata and Huacuas rivers. Huasahuap district. province of Tama. deportment of Jtnln, On April 18, 2012, and May 5, 2012, the Company started the commercial operations of Group 1 and Group 2 respectively, of the Huasahuasi II tlychoelectec Plant, which has 10.0 MW of generation capacey Said pare is located in tee basins cr tte Huasahuess and Huacuas rivers, Hissanuasi district, povince of Taro, departmert of Jtnln. In 2010, the Company started operations of the Santa Cruz II Hydoelectnc Plant which has 7 4 MW of generation capacity In 2009. the Company started operations of the Santa Cruz I Hydroelectric Plant which is located on the Santa Cruz River (15 km north of the city of Cain. department Of .11/1a$11), vetch has 60 MW of generation capacity In 2)38. the Company entered the Regime of Investment Promotion on EleCtnCly Generation by Uea-g Renewable Energy Resources (hereafter -RER'). through which the Company supplies He National Interconnected Electric System r SEIN' under its Spansh acronym] with energy generated by its Sour hydroelectric plants that are currently operatrg. For His pupose. the Company and the Perwian government signed RER contracts. witch have a 20-year period maturty. which establish that through tre mechanism d RER Auctions, the Company receives a toed fee. dijuBted for WPSSCP3500 rate Unshed goods less food and energy), per megawatt established fa each rydroMectric plant F-136 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-0058413 CONFIDENTIAL SONY GM_00204597 EFTA01366885