Entoria Energy
Corporate Presentation
                                         2017
Bogotá - Da Nang - Denpasar - London - Madrid - Manila - Lima - Hong Kong - Singapore
Solar Plant in Cuenca - Spain
                  2             Copyright © 2016 Entoria Group
                                International development and investment
                                company focusing on renewable energies
•    Entoria is an international entrepreneurial group, founded in Europe in 2003, and focusing since 2007 almost
     exclusively on the nascent and rapidly expanding renewable energy industry.
•    Our team acts in various forms, with the ability to participate in all or some steps of the value creation of each
     renewable energy project, such as its development, construction, financial structuring and operation.
•    Entoria has accumulated experience in a variety of renewable energy sources such as wind energy, solar energy,
     CSP, biomass, hydroelectricity and Waste-to-Energy.
•    In the past few years we have increased our focus on solar energy, encompassing a range of solar solutions,
     ranging from large scale solar projects to distributed generation small scale solar rooftops.
•    We have established a dense network of local partners allowing us to operate locally while having a global reach.
•    Our multi-cultural team brings worldwide experience to every local market.
•    Entoria works in tight cooperation with international investors and players, including, among them, some global
     leaders in the solar industry.
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                                   All of Entoria’s activities focus on renewable
                                   energies
      Project Development                            Investment                             Advisory Services
•  We develop and/or participate        •  We structure investments into            •  Entoria has historically
   to the development of                   renewable energy projects or                provided strategic and financial
   renewable energy projects,              portfolio of projects by                    advisory services to investors,
   from start to completion.               sourcing equity, debt and other             developers and other players of
                                           forms of funding.                           the industry.
•  We work in tight cooperation
   with associated companies with       •  We invest in association with a          •  Our services have always been
   complementary skills, as well as        limited number of investment                focused on renewable energies.
   with local partners.                    partners
                                                                                    •  We continue to provide
•  We establish dedicated teams         Ø  Entoria has established preferential       advisory services to a very
   when needed to serve specific            partnerships with selected global and      limited number of selected
   projects.                                regional renewable energy investors        clients.
                                            and operators.
Ø Entoria currently has established
   development partnerships mainly in
   Latin America and Asia.
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                          Entoria Energy is in charge of all required
                          activities for the completion of the solar plant
            1                                            2
                Initial Assessment of Client
                                                             Project Development
                        Requirements
8                                                                    3
      Asset Management and                                               Construction (in coordination
            Reporting                                                         with third parties)
                                               Entoria
7                                              Energy                4
    Operation and Maintenance                                               Financial Structuring
            6                                            5
                      Sale of Energy                           Commissioning
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                                         Entoria counts with reputable and well
                                         established international partners …
•    One of the world leaders in solar energy,   •    Investment fund sponsored by JA Solar       •    Private international IPP with a
     listed on NASDAQ since 2007.                     and Entoria and dedicated to solar               presence on 5 continents.
                                                      energy.
•    Module capacity reaching 6 GW per                                                            •    Focusing on large scale solar, wind,
     year.                                       •    Yearly investment objectives ranging from        biomass and mini-hydro projects.
                                                      USD 300 to 500 millions for the next
•    More than 12,000 employees globally.             5 years.                                    •    More than 230 MW built.
•    Sales in excess of USD 2,000 millions       •    Operates globally with a strong interest    •    More than 110 MW in operation.
     in 2015.                                         for South-East Asia.                        •    More than 400 MW under
•    High efficiency mono-crystalline and        •    Invests in utility scale and distributed         construction.
     multi-crystalline cells and modules.             generation projects.
     Average conversion efficiency of                                                             •    Global project pipeline in excess of
     CYPRESS2 cells in mass production:                                                                2,500 MW.
        o  Monocrystalline: 19.6%
        o  Multicrystalline: 18.1%
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                      … who jointly cover the entire value-chain of a
                      solar project.
                         Mainly coordination and
                              management
Project Development
                             Construction                   Investment             Operations
  Manufacturing
                                                       Only on selected projects
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                                    Summary of our experience.
   Entoria has completed or participated to renewable energy projects for more than 800 MW globally.
            Solar Energy                               Wind Energy                         Other Energy Sources
More than 500 MW of solar projects,         More than 300 MW of wind projects in      Mini-hydro, peak power plants, biomass
    ground-mounted or rooftops.                           Europe.                      and waste-to-energy for an investment
                                                                                      value of more than USD 150 millions.
 More than 1 GW of solar projects by        We are currently evaluating more than 1
adding-up the experience of our strategic    GW of wind projects in Europe, the
               partners.                             Americas and Asia.
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                                          Selected References
                45 MWp solar projects      Development and financial structuring of several ground-mounted solar projects located in
                     in France             France, under a feed-in-tariff structure, sold to Baywa r.e.
Europe
                8.7 MWp solar projects     Development, arrangement of EPC and financial structuring of several ground-mounted solar
                      in Spain             projects located in Spain, under a feed-in-tariff structure, in cooperation with Dazia Energy.
                6.7 MWp solar projects     Development, arrangement of EPC and financial structuring of several ground-mounted solar
                      in Italy             projects located in Italy, under a feed-in-tariff structure, in cooperation with Amplio Group.
                  65 + 185 MWp solar       Development, negotiation of PPAs on 2 large scale solar projects with single axis trackers in
Latin America
                    project in Peru        Peru. Organisation of construction and financing is under way.
                  276 KWp rooftop in       Rooftop project completed in December 2015 and connected to the grid. Electricity is
                       Colombia            consumed by the factory located within the building.
                40 MWp solar project in    Investment by Apollo Energy in a mega solar ground-mounted project of 40 MWp.
                       Japan               Organisation of construction and financing is under way.
Asia
                 3 MWp carport solar       Development, arrangement of EPC and investment in a portfolio of projects ranging from 1
                  project in Vietnam       to 3 MWp each on rooftop or carport. First project being prepared for construction.
                                               Upon request we can submit a detailed list of references
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Solar Plant in Copacabana, Antioquia, Colombia
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                             We can count on a strong direct and indirect
                             international footprint.
                                      London
                                      Madrid                                                                      Japan
        USA                                                                               Hong Kong
             Panama                                                                                         The Philippines
                                                                                          Vietnam
             Colombia                                                                     Singapore
                                                                                                      Indonesia
                Peru        Brazil
                                               South-Africa
Entoria and affiliates                                 Countries with historic projects
Partnerships with local partners                       Countries with new projects
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Selected partners and clients
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                                         Disclaimer
•    The information contained in this document (the “Document”) has been prepared to assist the recipient in making his/her own evaluation of the proposed
     business opportunities and/or to provide information on Entoria and its activities.
•    In receiving the Document each recipient acknowledges and agrees to the following:
        –    This document has been prepared from internally developed data, information in the public domain and other sources believed to be reliable. No
             representation, warranty or undertaking (express or implied) is given and no responsibility is accepted by Entoria Group Ltd (“Entoria”) or by
             any of its affiliates, officers, employees or agents for the completeness or accuracy of any information contained in, or of any omissions from, this
             Document or any supplementary information made available to any interested party or its advisors, and any liability in respect of such
             information or omissions is hereby expressly disclaimed.
        –    This Document does not constitute an offer, invitation or recommendation to buy, sell, subscribe for or issue any securities or a solicitation of any
             such offer or invitation and shall not form the basis of any contract with Entoria.
        –    Opinions expressed herein are subject to change without notice. In providing this Document, Entoria does not undertake any obligation to
             provide the recipient with access to any further information or to correct any inaccuracies or omissions which may become apparent.
                                                                                                                                            Copyright © 2016 Entoria Group
                                            Contact Information
                                                                  Vincenzo Fagiuoli
                                                                      Director
                                                                   Entoria Co. Ltd.
                                                                Cell: +34 672 72 15 98
                                                                Cell: +33 685 04 93 50
                                                                 Cell: +65 8310 2881
                                                     Email: vincenzo.fagiuoli@entoriagroup.com
                                                           www.entoriaenergy.com
United Kingdom       Spain              Hong-Kong                  Philippines                Singapore                 Peru                    Colombia
 1 High Street   Calle Sagasta 11         Suite 1405        7th Floor W Global Center      #13-01 City House   C/ Lizardo Alzamora 140            Suite 205
   Thatcham           28004           Chinachem Tower      9th Avenue corner 30th Street   36 Robinson Road            Suite 401            Cra. 25 # 12 sur-59,
  RG19 3 JG          Madrid         34-37 Connaught Road       Bonifacio Global City             068877               San Isidro                  Medellin
    Berks                                  Central           Taguig City, Metro Manila         Singapore                 Lima
                                         Hong-Kong                                                                                               Suite 101
                                                                                                                                           Cra 16 A # 86 A – 65
                                                                                                                                                  Bogotá
                                                                                                                                     Copyright © 2016 Entoria Group