OFFICIAL COMMISSIONING
INFRASTRUCTURE PROJECTS

Commissioning of ISLASOL II

Official commissioning of ISLASOL II solar power plant

6 April 2016, Manapla, Philippines

The ISLASOL II (formerly called San Carlos Solar Energy III (SaCaSol III)) solar power plant was officially commissioned on 6 April. ISLASOL II is part of a portfolio of solar power plants financed, implemented and sold in 2015 to the Philippine Investment Alliance for Infrastructure (PINAI) with total capacity of 125 MW, which supplies almost 300,000 people with sustainably generated electricity. PINAI is a consortium established by institutional investors in order to invest in the Philippine infrastructure market. These investors include Macquarie Infrastructure and Real Assets (MIRA), the Philippine Government Service Insurance System (GSIS), Dutch pension fund APG and the Asian Development Bank. The ceremony was also attended by a large delegation of European financial experts and equity providers, a large number of high-ranking representatives from Asian politics, business and the media and representatives of project partners as well as institutional investors.

Speakers speaking in front of the over 500 guests and press representatives were: Rev. Father Conrado U. Mantac (Manapla Parish Church), Juan Xavier P. Zabaleta (President of Islasol), Hon. Lourdes L. Escalante (Mayor of Manapla City) Representative of Hon. Alfredo G. Marañon (Governor of Negros Occidental), Robert G. Vergara (President & GM of Government Service Insurance System), Michael Rodriguez (Managing Director of Macquarie Infrastructure & Real Assets) and T.U. Michael Sieg (Chairman & CEO ThomasLloyd Group).

Impressions

Commissioning of ISLASOL I

Official commissioning of ISLASOL I solar power plant

6 April 2016, La Carlota City, Philippines

The ISLASOL I (formerly called San Carlos Solar Energy II (SaCaSol II)) solar power plant was officially commissioned on 6 April. ISLASOL I is part of a portfolio of solar power plants financed, implemented and sold in 2015 to the Philippine Investment Alliance for Infrastructure (PINAI) with total capacity of 125 MW, which supplies almost 300,000 people with sustainably generated electricity. PINAI is a consortium established by institutional investors in order to invest in the Philippine infrastructure market. These investors include Macquarie Infrastructure and Real Assets (MIRA), the Philippine Government Service Insurance System (GSIS), Dutch pension fund APG and the Asian Development Bank. The ceremony was also attended by a large delegation of European financial experts and equity providers, a large number of high-ranking representatives from Asian politics, business and the media and representatives of project partners as well as institutional investors.

Speakers speaking in front of the over 500 guests and press representatives were: Rev. Fr. Samuel John M. Tanoso (Parochial Vicar of Our Lady of Peace Parish, La Carlota City), Juan Xavier P. Zabaleta (President of Islasol), Hon. Luis J. Jalandoni III (Vice Mayor of La Carlota City), Victor V. Javellana (Board Member), Representative of Hon. Alfredo G. Marañon (Governor of Negros Occidental), Robert G. Vergara (President & GM of Government Service Insurance System), Michael Rodriguez (Managing Director of Macquarie Infrastructure & Real Assets) and T.U. Michael Sieg (Chairman & CEO ThomasLloyd Group).

Impressions

Commissioning of SaCaSol I

PRESIDENT Benigno Aquino III. OFFICIALLY COMMISSIONS THOMASLLOYD SOLAR POWER PLANT IN THE PHILIPPINES

15 May 2014, San Carlos City, Philippines

In front of 600 invited international guests that included politicians and economists, San Carlos Solar Energy I ('SaCaSol I') was commissioned as the first Philippine solar facility with a total nominal output of 22 megawatts (MW). The plant on Negros Island will immediately supply up to 50,000 people with sustainably generated electricity. The importance of the solar facility for energy supply in the Philippines was underlined by the high-ranking guests. In addition to President Benigno Aquino III., members of the Philippine cabinet, such as Energy Minister, Jericho Petilla, as well as numerous officials such as Senator Loren Legarda, former President of the Senate, Edgardo Angara, Commissioner at the Energy Regulatory Commission, Josefina Asirit, Chairman of the National Renewable Energies Authority, Pedro Maniego as well as the Chairman of the Congress Committee for Energy attended the ceremony.

The International Finance Corporation (IFC), a subsidiary of the World Bank, was represented by its East Asia Director, Sergio Pimenta. The international dimension of the project was emphasised by the attendance of the German Ambassador, Thomas Ossowski, and European Union Ambassador, Guy Ledoux, as well as a delegation from Germany led by T.U. Michael Sieg, Chairman of the ThomasLloyd Group. Political leaders from neighbouring San Carlos City and Negros Occidental also attended the official commissioning ceremony.

Impressions

Speakers at the inaugural ceremony

The importance of the commissioning of the solar facility for energy supply in the Philippines was underlined by the high-ranking guests. The following speakers attended the inaugural ceremony: Benigno Aquino III. (President of the Philippines), Carlos Jericho Petrilla (Energy Minister of the Republic of the Philippines), Manuel A. Rochas II. (Interior Minister of the Philippines), Jesse Ang (Resident Representative for the Philippines office of the International Finance Corporation), Sergio Pimenta (Director of East Asia, International Finance Corporation), Loren Legarda (Senator of the Republic of the Philippines), T.U. Michael Sieg (Chairman & CEO Thomas Lloyd Group).

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