THE PROVEN, GLOBAL, AND SCALABLESOLAR PLATFORM

Who we are and what matters to us Our ESG performance

Our footprint Key facts

What we do Our leadership team

Environmental, social and governance (ESG) Our offices

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Solar energy’s potential to transform daily life drives us to do what we do everyday. It’s what inspires us to build solar plants that endure, to use the most current technologies available to harness the power of the sun, and to work with partners that share our commitment to producing a continuous, reliable and efficient supply of clean energy from the sun.

At Sonnedix, we don’t just talk about revolutionising the energy industry—we do it.We are constantly evaluating multiple regulatory regimes at different phases of integration in the rapidly-expanding global solar market to uncover new opportunities to revolutionise the energy industry. And by applying our global diversification approach to spread our portfolio’s risk across projects, countries and currencies, we’re ensuring that we can continue to do so into the future.

We believe in a world where the future of solar power is limitless and we’re doing everything in our power to get us there sooner.

We are an established Independent Power Producer (IPP) with a proven track record of successfully designing, financing, building and monitoring high-performance, cost-competitive solar plants around the world.

Sonnedix Group is majority owned by institutional investors advised by J.P. Morgan Asset Management.

WHAT MATTERS TO US

WHO WE ARE WE HARNESS THE POWER

OF THE SUN TO BUILD

A BRIGHT FUTURE

OUR FOOTPRINT

A look into where we are today and where we’ll be tomorrow. Sonnedix currently has over 260 power plants in operation, construction or the initial stages of planning in 8 countries. But in order to generate enough solar power to reach grid parity around the world and create a sustainable and climate-friendly future for all, we’re continuing to expand.

CHILE347.6 MW

Total Controlled Capacity

FRANCE262 MW

Total Controlled Capacity

ITALY234 MW

Total Controlled Capacity

JAPAN517.7 MW

Total Controlled Capacity

PUERTO RICO125.2 MW

Total Controlled Capacity

SOUTH AFRICA86.2 MW

Total Controlled Capacity

UK4.0 MW

Total Controlled Capacity

SPAIN301.8 MW

Total Controlled Capacity

WHAT WE DO

Sonnedix concentrates its value add in thedevelopment, construction, production and sale of PV electricity. We source the best available technology to maximise revenue and profit and ensure the sustainability of our PV parks.

BUSINESS DEVELOPMENT

PROJECT FINANCING

ENGINEERING & CONSTRUCTION

OPERATIONS & ASSET MANAGEMENT

We bring our global view and dynamic approach to problem solving to discover, evaluate and de-risk all aspects of potential projects in OECD markets with supportive regulatory regimes. Our role is to work with developers, brokers, relevant permitting bodies, land owners and internal functional teams, among others, to bring projects to a fully-consented, ready-to-build stage.

We organise debt and other non-recourse financing for newly developed or acquired solar projects, as well as optimise financing for the company’s existing project portfolios. Our team is also responsible for raising debt and other non-recourse financing at the best possible terms to ensure Sonnedix’s assets fulfill their required cash yields and rate of returns over the long term. In our role, we work closely with lenders and other outside advisors to structure, negotiate, and close financing transactions with the goal of supporting the business in efficiently, reliably and profitably delivering long-term, effective energy services and solutions.

Our team is mainly composed of engineers and project managers with expertise in technical and technological trends, local codes, rules and regulations, as well as overall construction costs in specific regions. Our core role is to manage the construction process of our plants, including choosing a contractor and providing daily on-site supervision. We also work closely with other Sonnedix teams, operating as one to make and implement decisions quickly. For example, we support our Business Development team in choosing land, performing technical due diligence, and design and yield analysis, as well as our Operations & Asset Management team when we finalise the hand over of finished plants.

Once our power plants transition from construction, or via acquisition, to an operating asset, we’re responsible for driving their performance and managing any associated ownership risks to ensure that our solar energy platforms offer more than others. This means we focus on reducing downtime and operating costs, as well as guaranteeing that the site is well maintained with all the necessary upgrades to ensure continued safety and efficiency. Many of our assets are run on a day-to-day basis by external parties, so we are also closely involved in contract management, including looking for opportunities to optimise expenditures and managing any breaches of performance guarantees within our contracts.

WE BELIEVE IN TRANSFORMING

THE FUTURE THROUGH SOLAR POWER

ENVIRONMENTAL, SOCIAL AND GOVERNANCE (ESG)

OUR ESG PERFORMANCE

Integrating responsible, forward-thinking corporate policies into our daily business practices is key to us achieving our goal of smartly transforming the sun’s power into clean energy.

It’s what allows us to behave sustainably, ethically and accountably as we develop, finance, build and operate solar plants around the world. It’s also what ensures that we have a positive impact on our people and the environments and communities within which we work.

Our efforts have had an impact with GRESB(Global Real Estate Sustainability Benchmark), an independent, investor-driven organisation committed to assessing the ESG performance of real assets globally, awarding Sonnedix a 5-star rating in 2019 and Solar Power Generation Sector Leader.

Environmental: Protect, enhance and care for the environments where we build and operate our solar plants. Social: Support the communities we work in with socialand developmental activities, job opportunities and essential provisions. Governance: Ensure our employees and partners are committed to integrity in action, fairness in conduct and respect for all.

We focus our corporate policies on three specific areas:

DOING OUR PART TO BUILD

A BRIGHT FUTURE FOR ALL

1st out of 26

GLOBAL RENEWABLE POWER: Solar Power Generation

ALL INFRASTRUCTURE ASSETS28th out of 393

We aim to grow sustainably and create value by leveraging our prudent capital structure and sponsorship and investing in high-quality assets with predictable cash flows. We are also continuously building and executing upon a pipeline of new projects and M&A opportunities.

KEY FACTS

270+EMPLOYEES

260+SOLAR POWER PLANTS

1041 MWOPERATIONAL/MECHANICALLY COMPLETE

408 MWUNDER CONSTRUCTION

430 MWUNDER DOCUMENTATION

1878 MWCONTROLLED CAPACITY(AS OF APRIL 2020)

Sonnedix is led by executives with global experience in project financing and asset management, engineering and operation, and every aspect of the renewable energy value chain.

OUR LEADERSHIP TEAM

OUR OFFICES

Carlos GuinandChairman of the Board

*Sonnedix Japan is the trusted operator for investments made by Sonnedix in Japan.

Axel ThiemannChief Executive Officer

They work together to ensure Sonnedix contributes to smartly expanding the adoption and impact of solar power, while growing sustainably, profitably, and responsibly.

USA220 Alhambra CircleSuite 410, Coral GablesMiami, FL 33134

ChileMagdalena 140 Office 601, 6th FloorSantiago, Chile 7550000

Puerto RicoEl Caribe Office Building53 Palmeras Street, Suite 401San Juan, PR 00901

AMERICAS

South Africa1 Thibault Square19th floorCape Town 8000

Japan6th Floor,Ryuen Building,1-3-1 Shiba Koen, Minato-ku,Tokyo 105-0011

AFRICA ASIA

SpainCalle Principe de Vergara 108, 12th Floor28002 Madrid

ItalyViale Francesco Restelli 2920124 Milano (MI)

Via Ettore de Sonnaz 1910121 Torino (TO)(Sede Legale)

FranceEspace PerformanceBâtiment M135760 Saint Grégoire

ZI Athélia I – bâtimentC – 420 rue des Mattes13 705 La Ciotat cedex

UK90 Union StreetSE1 0NWLondon, UK

EUROPE

Stephen TaylorEVP, Global Head of HR

Marissa CordaEVP, Global Head of Legal

& Compliance

Joern HackbarthEVP, Global Head of

Engineering & Construction

Jimmy HanssonEVP, Global Head of

Operations

Olivier Renon EVP, Global Head of

Business Development

Maurizio GrassiEVP, Global Head of

Mergers & Acquisitions

David FloryEVP, Global Head of

Project Finance

Stephen WilliamsChief Financial Officer

Craig ChapmanEVP, Global Head of

Commercial / Optimization

THINK SOLARTHINK SONNEDIX

APRIL 2020

SONNEDIX.COM