IC Power Corporate Presentation

March 2014
Overview of IC Power
 IC Power Operations

Jamaica

JPPC
58 MW Dominican Rep.
Israel
Ownership: 16% CEPP
OPC Rotem *
104 MW
El Salvador 440 MW
Ownership: 97% Ownership: 80%
Nejapa
140 MW
Ownership: 71% Panama
Pedregal
54 MW
Peru
Ownership: 21%
Kallpa
870 MW
Ownership: 75%

Cerro del Aguila*

525 MW
Ownership: 75% TOTAL: 4,287 MW
EDEGEL
1,657 MW
Ownership: 21%
Bolivia
Chile
COBEE
Cardones 228 MW
153 MW Ownership: 100%
Ownership:75%

Colmito
3
58 MW
Ownership:100% * Under construction
 IC Power Main Subsidiaries Ownership Structure

100% 80%

• Installed Capacity: 440MW

440MW

• Installed Capacity: 3,847MW

847MW • NG-
NG-Fired Combined Cycle

• 7 Countries
2014 Financials
• 10 Operating Companies
• Variable Margin: US$ 104M
104M
2014 Financials • EBITDA: US$ 85M
85M
• Variable Margin:
Margin: US$
US$ 294M
294M • Net Income: US$ 17M
17M
• EBITDA:
EBITDA: US$
US$ 215M
215M • IC's equity holders: US$ 13M
13M
• Net Income:
Income: US$
US$ 74M
74M • Assets: US$ 615M
615M
• IC's equity holders: US$ 59M
59M • Equity: US$ 146M
146M
• Assets: US$
US$ 2,676M
676M
• Equity:
Equity: US$
US$ 861M
861M
4
 OPC Rotem Ownership Structure

OPC PPA Contracts

80%
4% 4% 4% 4% 4% 4% 4%

96% 96% 96% 96% 96% 96% 96%

Country: Israel

Installed Capacity: 440MW

% of Total IC Power Installed
Capacity: 10.5%

EBITDA 2014: US$ 85M 2014E 2015E 2016E 2017E 2018E 2019E 2020E
Contracted Energy Uncontracted Energy

5
 Inkia Energy Company Ownership Structure 2013

Ownership: 74.9% 74.9% 21.1% 86.7% 100.0% 21.2% 100% 15.6% 96.7% 71.0%

Asset: Colmito

Country: Peru Peru Peru Chile Chile Panama Bolivia Jamaica Dom. Rep. El Salvador Total

Installed 870 MW 525(1) MW 1,657 MW 153 MW 58 MW 54 MW 228 MW 58 MW 104 MW 140 MW 3,847 MW

capacity / % of 22.6% – 43.1% 4.0% 1.5% 1.4% 6.0% 1.5% 2.7% 3.6% 100%
total
Total 2013
Proportional US$104.2 mm NA US$60.1 mm US$6.8 mm NA US$2.9 mm US$18.8 mm US$0.2 mm US$19.5 mm US$9.2 mm US$220 mm
EBITDA 47.4% 27.3% 3.1% 1.3% 8.5% 0.1% 8.9% 4.2% 100%
% of Total

2013 Relative Capacity by Fuel Type 2013 Proportional Capacity by Country

Peruvian Power Plants

Total 2013 Proportional
EBITDA: US$164.3 mm
% of Total: 74.7%

• Estimated 2013
• Does not include Las Flores and Samay I
• CEPP includes the adquisition of the 37 MW Barge
6 (1) Under construction
 Strong and Growing Presence in Attractive Peruvian Market - Inkia Energy

Country Overview of Inkia Operations

Main operations are located in (1) (1)
Peru: Credit Rating Proportional Capacity (MW) Proportional EBITDA (US$mm)
Country M / S&P / F 1H2013 (% of total) 1H2013 (% of total)

65% of proportional installed
capacity today Peru Baa2, BBB+, BBB 1,004 65% 90 73%
Bolivia Ba3, BB-, B 228 15% 11 9%

74.7% of 2013 consolidated
adjusted EBITDA Chile Aa3, Aa-, A+ 133 9% 4 3%

Peru: El Salvador Ba3, BB-, BB- 99 6% 5 4%

DR B1, B+, B 65 4% 10 8%

Investment grade country
Other 21 1% 3 2%

One of the best performing
economies in the region and one Total 1,549 100% 122 100%
of the fastest growing economies
in the World

3 year average annual GDP Strong Macroeconomic Growth Low Inflation Environment
growth of 5.5% and 7.3% in 2011 3yr Average Annual GDP Growth (%) 3yr Average Annual Inflation (%)
and 2012, respectively
9.6% 9.9%

3 year average annual inflation of 7.4%
9.0%
7.3%
2.6% and 2.9% in 2011 and 5.5% 5.7%
6.6% 6.2%
5.2%5.4% 5.4%
2012, respectively 4.2%
4.8% 5.2%
3.9%
5.0%
3.5%
2.6%2.9% 2.6% 2.5%2.7%
1.7% 2.1%
0.1%

(0.2%)
(1.2%)
Operations outside of
Peru provide upside
potential 2011 2012 2011 2012

7
 Efficient Assets with Strong Track-Record of Operating Performance – Inkia Energy

Kallpa’s Operational Overview

 Inkia’s subsidiaries own a portfolio of premium

assets with excellent operating performance
99.95% 99.90% 98.51% 99.83% 99.80% 98.70%
 Bulk of Inkia’s revenue comes from highly efficient
assets
» 75% of 2013 capacity came from hydro and 81%
base load natural gas-fired assets
» With the addition of Cerro del Aguila, an even 70% 70%
67%
greater proportion of Inkia’s capacity to come 64%
from hydro and base load natural gas assets
 High asset availability and efficiency results in 51%
constant dispatch of Inkia’s assets
» Weighted average capacity factor of 65% in
2013(1)
» Weighted average availability of ~93% in
2013
 Kallpa’s highly efficient natural gas fired combined
cycle facility runs as base load generation
» The Combined Cycle project was completed 2008 2009 2010 2011 2012 1H2013
in August 2012, increasing Kallpa’s capacity
from 570 MW to 870 MW Kallpa Capacity Factor Average Reliability
» Project was completed almost a month ahead
of schedule and US$38 mm below budget.
Additionally, an incremental 16 MW resulting
from upgrade to Kallpa I (investment of $15
million) .
8 (1) Includes figures for Kallpa, Edegel, COBEE, CEPP, Pedregal and Nejapa.
IC Power Management Overview
 IC Power Management Team

Core management team has been working together in top generation companies since 1996

Board of Directors

CEO
Javier García General Counsel
17 years in the sector Daniel Urbina
4 years in the sector

Development VP
CFO COO Operations VP Deputy CEO
Americas
Alberto Triulzi Roberto Cornejo Frank Sugrañes Giora Almogy
J.C. Camogliano
33 years in the sector 17 years in the sector 23 years in the sector 15 years in the sector
16 years in the sector

CEPP CEO COBEE CEO Kallpa CEO OPC Rotem CEO

Marcos Cochón Sergio Pereira Javier Garcia Giora Almogy
20 years in the sector 3 years in the sector 17 years in the sector 15 years in the sector

CdA CEO Cardones CEO Pedregal CEO Nejapa CEO

Rosa Maria Flores-Araoz Peter Hatton Eduardo de la Guardia Jose Ricardo Hernandez
10 years in the sector 9 years in the sector 14 years in the sector 22 years in the sector

 Senior management and operational team have on average 17 years of experience in top power companies
 Proven operational excellence and ability to build projects in time and within budget
 Vast knowledge of different electric systems in the Americas and Israel, especially in marginal systems like Peru and Chile

10
 IC Power Management Team

• CEO of Inkia since 2007

Javier Garcia • 17 years of experience in the energy industry
Chief Executive Officer (CEO) • Previously held senior positions at Globeleq, Kallpa, Southern Cone Power, Endesa and board
member of several power companies

• Deputy CEO since 2011

Giora Almogy • 15 years of experience in the energy industry
Deputy CEO • Previously held senior positions in the Ofer Group and Israel Corp
• CEO of OPC Rotem Ltd since 2007

• CFO of Inkia since 2012

Alberto Triulzi
• 33 years of experience in the energy industry
CFO
• Previously held senior positions at Edegel

• COO of Inkia since 2007

Robert Cornejo
• 17 years of experience in the energy industry
Chief Operating Officer (COO)
• Previously held senior positions at Edegel

• VP of Development at Inkia since 2011

Juan Carlos Camogliano
• 16 years of experience in the energy industry
Development VP Americas
• Previously held senior positions at Suez, Endesa and Edegel

• VP of Operations of Inkia since 2011

Frank Sugrañes
• 23 years of experience in the energy industry
Operations VP
• Previously held senior positions at AEI

• Corporate Controller at Inkia since 2008

Marco Cardenas
• Previously Audit Manager at Ernst & Young Peru
Corporate Controller
• He also led the implementation of the equivalent to Israeli Sarbanes Oxley at Inkia in 2010

11
 Summary - Projects under Construction / Acquisition

Country Project Type Size Investment COD / Closing

Cerro del
Hydro 510 MW $ 910 million Mid 2016
Aguila

CEPP III Fuel oil 37 MW $ 13 million March 2014

Diesel /
Colmito 58 MW $ 28 million October 2013
Natural gas

Las Flores Natural gas 193 MW $ 113 million April 2014

Power Node -
Diesel 600 MW $ 380 million May 2016
Samay

1,413 MW $ 1,444 million

Total

12
 IC Power Project Development and Finance Overview
2,200 MW 3,500 MW 4,700+
700+ MW
Israel Corp. TOTAL INVESTMENT POST- 2.8bn1
POST-ACQUISITION: ~$2.8
~$2.8bn
Strategic Decision
to Acquire Inkia Inkia FX
$88m local bond Swap
Kallpa I
Inkia
Kallpa Kallpa II $300m intl’ bond
$55m lease
Kallpa III
Libor Kallpa
Edegel
Swaps $68m lease Kallpa increase OPC
$75m lease $480m loan

Kallpa Kallpa CCGT

$277m Cerro del Aguila
OPC FX
All projects completed $591m club deal Swap
Cardones $60m
BELOW budget
local loan Cardones
Chile

Cerro del Aguila

CEPP
$13m CEPP III
Colmito
$8m cash
Colmito $20m Financing
Las Flores
Las Flores $110m lease
Samay
$290m financing Samay

2002 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
13
1. Includes projects under construction
 Proportional EBITDA 2008-2018 (US$ million)
Million

14
 EBITDA & Profit Evolution (US$ million)
Million

15
IC Power Main Subsidiaries
Peru - Kallpa
 Kallpa I

17
 Kallpa I

18
 Kallpa I

180 MW

19
 Kallpa II

374 MW

20
 Kallpa III

570 MW

21
 Kallpa Combine Cycle

22
 Kallpa Combine Cycle

23
 Kallpa Combine Cycle

24
 Kallpa

Kallpa 870MW Combined Cycle Conversion Project

870 MW

25
 Kallpa

Largest power plant in Peru 870 MW

26
 Kallpa Overview

One of the largest and most efficient thermal power plants in the Country
Kallpa I, II, III & CC
 Inkia Energy’s ownership: 74.9%
 Expected 2013 EBITDA:
US$141mm
 Expanded 870 MW base-load 870
generation
 Located 63 Km south of Lima, 581 869
next to the Camisea natural gas
pipeline and adjacent to principal
substation
 Fuel type: natural gas EBITDA (US$ mm) 2012 Revenue
$93.1
 Investment: US$650 million
 AAA local rating $58.7
$48.4
 On average 88% contracted during
2011 – 2020 $26.1
$13.9

2008 2009 2010 2011 2012

Combined cycle expansion Ef f ective Capacity (MW)

 Completed below budget, ahead of Location of Assets Operational Overview

time
96% 94% 92%
COLOMBIA 90% 92% 870
 Off-take fully contracted Quito
87%
ECUADOR
 High credit quality off-takers BRAZIL
566 581

368
PERU
174 174
Lima Chilca
BOLIVIA

La Paz 2007 2008 2009 2010 2011 2012

Ef f ective Capacity (MW) Availability %

27
IC Power Main Subsidiaries
Israel – OPC Rotem
 OPC Rotem

29
 OPC Rotem

Israel’s first large-scale independent power producer and

most efficient thermal power generation plant
440 MW

30
 OPC Rotem Overview

Israel’s first large-scale independent power producer and most efficient thermal power generation plant
 IC Power’s ownership: 80% OPC PPA Contracts
 Commercial Operation: July 2013
 Expected 2014 EBITDA: US$85M
4% 4% 4% 4% 4% 4% 4%
 Located in South of Israel, 20KM from
Dimona
 Fuel type: Natural Gas, Diesel Oil as
backup
 Investment: US$550 million
96% 96% 96% 96% 96% 96% 96%
 AAA local rating
 On average 96% contracted during 2013
– 2020

2014E 2015E 2016E 2017E 2018E 2019E 2020E

Contracted Energy Uncontracted Energy

Sales to End Users

 Majority of firm energy is already contracted through
long-term PPAs, 10 years minimum.
 On average 96% is contracted during the period 2013-
2022
 PPAs with high credit quality off-takers

31
IC Power Main Subsidiaries
Peru – Cerro del Aguila
Cerro del Aguila Hydroelectric Project Location

Cerro del
Aguila

33
 Cerro del Aguila Visual Overview

Underground Powerhouse
1,200 masl

6km
Tunnel

525 MW

76m
Dam
1,500 masl

264m
Largest Power Project in 40 years
34
Cerro del Aguila – Description

Technical
Installed Capacity
525MW
525MW ( 3 x 175 Francis turbines)

Powerhouse
Cavern

Head Drop
295 meters

Head Race Length
5.7 Km

Transmission Line
220 kV and 17 kilometers

Roads
185 kilometers (new and expanded)

Man Hours
20 million

Average Workers
2,000

No. Equipment on Site
250

Energy
Power Production
3,200 GWh / year

Percentage of System
8%-9% (2013

(2013)
2013)

Equivalent Households
725,

725,000

35
Cerro
Roaddel Aguila
access to tailrace tunnel and to upper surge tunnel

36
Cerro del Aguila

37
River Diversion Tunnel

Panoramic
View

38

38
Cerro del Aguila

39
 Cerro del Aguila Camps

40

Panoramic View 40
41
Cerro del Aguila

42
Cerro del Aguila Tunnels

43

Upper Access Tunnel to Power House (Bypass N°1) 43

 Cerro del Aguila Bank´s Country Origin

HSBC $591m
591m SACE

44
IC Power Additional Subsidiaries Review
 Edegel Overview

Overview / Key Highlights Agreements

Represents approximately 22.6% of Inkia’s net installed capacity

22 PPAs
and 17.2% of Peru’s total installed capacity in 2012
PPA  Tenor: 3-15 years

Balanced portfolio of hydro and thermo power plants (7 hydro, 1
open cycle and 1 combined cycle)
Camisea Consortium
Natural gas
supply  Due in 2019

83% contracted  Regulated tariff

High credit quality off-takers
TGP
Natural Gas
transport  Due in 2019

Sound project backlog under development and construction
 Regulated Tariff

Solid and recognized shareholder base

 Inkia: 21% Location of Assets

 Endesa: 63%

 Free float: 16%

Chimay

Shareholder’s agreement with Endesa provides Inkia with veto Yanango

rights on key decisions Callahuanca Huinco
Ventanilla Matucana
Santa Rosa Moyopampa

Market Cap: ~US$2.0-2.4 BN
Lima Huampini

2013 Expected EBITDA US$284 mm

Local Credit Rating: AAA

46
 Edegel Overview (cont’d)

Largest and most diversified generator in Peru; major private hydro generator in Peru and first combined
cycle to reach COD in Peru
Peruvian Power Generation
EBITDA (US$ mm) Balanced Portfolio(1)
2012 Mkt. Share(1)
% of Total Generation
1,668 MW
Open
Cycle
26%
45% Hydro
26%

21% 20% 29%

16%
12% Combined
7% Cycle
(2) (3)
Edegel Electroperu Enersur Kallpa Duke Others

Ownership Structure 2012 Revenue Operational Overview

US$575 mm
Free float 96% 93% 94% 94% 96% 93%
Inkia Other Revenues 1,800 100%
16% Spot Market
21% 4% 1,667 1,668 1,668 1,668 1,668
1,700 80%
2% 1,600 60%
1,500 1,467 40%
1,400 20%
1,300 0%
63% 94% 2007 2008 2009 2010 2011 2012
Endesa (4)
PPA’s Effective Capacity Availability
Source: Company info and Ministerio de Minas y Energía del Perú.
(1) As of 12/31/2012.
(2) Includes Edegel and Chinango.
47 (3) Includes Egenor and Termoselva.
(4) Figures represent average availability weighted by installed capacity.
 Edegel’s portfolio

Portfolio Capacity: 1,657 MW (1)

Huinco Matucana Callahuanca Moyopampa Huampani

Type: Hydro Type: Hydro Type: Hydro Type: Hydro Type: Hydro
Capacity: 258 MW Capacity: 120 MW Capacity: 73 MW Capacity: 69 MW Capacity: 31 MW
Capacity factor: 56.4% Capacity factor: 79.3% Capacity factor: 88.2% Capacity factor: 95.8% Capacity factor: 89.0%

Chimay Yanango Ventanilla Santa Rosa (2)

Type: Hydro Type: Hydro Type: Thermal (CCGT) Type: Thermal (open cycle)
Capacity: 153 MW Capacity: 43 MW Technology: Gas and diesel Technology: Gas and diesel
Capacity factor: 68.2% Capacity factor: 56.4% Capacity: 498 MW Capacity: 423 MW
Capacity factor: 79.6% Capacity factor: 12.7%
(1) Additional 195 MW hydro plant in development, called “Curibamba”.
48 (2) Santa Rosa is composed of 2 open cycle plants, UTI and Westinghouse.
 Chile – Central Cardones Overview

Chile 2012 Market Overview (1) 2012 Company Overview

Installed Capacity by Market Share by Installed  Inkia’s first investment in Chile

Technology Capacity  Inkia Energy´s ownership: 86.6%
 COD July 4, 2009
Non Hydro Pacific SN Power
Renewables Hydro  Capacity of 153 MW
1%
4% 2%  Simple cycle diesel fired GT (Siemens SGT5-2000E)
E-CL
15% Endesa  Capacity factor 5% (cold reserve)
Chile
Hydro 39%
 Located in the III Region (Northern Chile), close to Copiago
33%

Colbun
Key Highlights
21%
 Acquired in December 2011, it serves as Inkia’s entry point into
Thermal Chile
63%
AES Gener
 Located in the northern end of Chile’s Central Interconnected
22% System, close to the city of Copiapó, a mining-intensive area
 Central Cardones functions as a peaking unit, operating mostly in
extraordinary situations, as required by the system

Chile Demand and Capacity

MW GWh
25,000 60,000

20,000 50,000
17,838
16,206 16,665
15,626 40,000
15,000 13,180 14,019
12,865
30,000
10,000
20,000
5,000 10,000

0 0
2006 2007 2008 2009 2010 2011 2012

MW GWh

Source: Company Info.

49 (1) As of 12/31/2012.
 Chile – Central Colmito

2013 Company Overview

 Inkia Energy´s ownership: 100%
 COD August 1, 2008
 Capacity of 57.4 MW
 Simple cycle NG/diesel fired GT (Rolls Royce
aeroderivative turbine - Trent 60)
 Capacity factor 10-15% (peaking unit)
 Located in the V Region (Center Chile), close to Concon

Key Highlights

 Acquired in October 2013, it serves as Inkia’s diversified generation

portfolio to boost our vision to become a relevant generator in the
SING and SIC, replicating Peru’s long term growth story.
 Located in the Chile’s Central Interconnected System, from 120 km
of Santiago and close to Viña del Mar and Valparaiso cities.
 Central Colmito is expected to be commissioned by 3Q2014 to
operate burning NG. EPC tender process undergoing to connect
Central Colmito to Gas Valpo pipeline.

Agreement

• PPA Contract with ENAP (national oil company) recently signed

 Start date: January 1, 2014

 Tenor: 4 years

 Price: Marginal cost plus fee

 PPA Margin: ~500 kUSD/y

50
 Bolivia – COBEE Overview

Bolivia 2012 Market Overview(1) 2012 Company Overview

Market Share by Installed  Inkia Energy´s ownership: 100%

Installed Capacity by
Technology Capacity  Capacity of 228 MW
ENDE-  92% hydro
Fuel Oil ANDINA ENDE
3% 7%
QUEHATA 2%  8% natural gas turbines
Bagasse SYNERGIA
0%
2% HIDROBOL
1%  Income: 25% comes from PPA, 75% from the spot market for the
Hydro 6%
COBEE
year ended in December 31, 2012
30% ERESA
15%
1%  95.7% Average availability
CEBB
6%
GUABIRA
2% Key Highlights
EGSA
Gas Combined 31%
 Second largest generation company in Bolivia
CORANI
60% Cycle 9%  Bulk of generation portfolio are efficient hydro plants
5%
EVH
20%
 Portfolio with high level of availability (~95.7% in 2012)
 Access to financing at very attractive levels in local markets
 PPA with Minera San Cristobal (2) (43 MW, 322 GWh)
• 30% of energy production
Bolivia Demand and Capacity
MW GWh

1,600 7,000

6,000
1,067 1,109
1,200 1,009
939 5,000
895 899
813 4,000
800
3,000

2,000
400
1,000

- -
2006 2007 2008 2009 2010 2011 2012
MW GWh
Source: Company Info.
(1) As of 12/31/2012.
51 (2) A subsidiary of Sumitomo (A+) Japanese rating.
 Dominican Republic – CEPP Overview

Dominican Republic 2012 Market Overview(1) 2012 Company Overview

Market Share by Installed  Inkia Energy´s ownership: 97%

Installed Capacity by
Technology Capacity  Capacity of 66 MW
PVDC
Single Cycle 3% Los  Fuel oil engines, built by Wärsilä (engines) and ABB
Wind Coal Origenes
NG 1% 11% MONTERIO SEABOARD 1% (Generators)
1% 6%
8% AES ANDRES
METALDOM 10%
1% CEPP
LAESA 2%
Combined 4%
Cycle Diesel
16% GSF (AEI) CESPM
Key Highlights
Hydro
6% 10%
20%
 Increasing energy demand in Dominican Republic
GPLV DPP (AES)
7%
8%  Lack of efficient capacity
 Improvements in collections for generators from agreement with IMF
 Strategic location in the city of Puerto Plata
EGE-HID EGE-HAINA
Combined
Fuel Oil
Cycle NG
20% EGE-ITABO 12%  PPA agreement with EdeNorte
31% (AES)
13% 9%  50 MW (75%), due in 2014
 Energy price indexed to Platt’s and US CPI
Dominican Republic Demand and Capacity
MW GWh

2,500
13,500
2,067
12,000
2,000 1,861 1,881
1,724 1,743 1,795
10,500
9,000
1,500
7,500

1,000 6,000
4,500
500 3,000
1,500
- -
2007 2008 2009 2010 2011 2012

Capacity Energy Demand

Source: Company Info.

52 (1) As of 12/31/2012.
 El Salvador – Nejapa Overview

El Salvador 2012 Market Overview(1) 2012 Company Overview

Installed Capacity by Market Share by Installed
Inkia Energy´s ownership: 71%

Technology Capacity
Nejapa
 Wärtsilä Fuel Oil Engines
Lageo
Geothermal 13%  Capacity: 144 MW
13%
Biomass Duke Energy
Cenérgica
4% 22%
Nejapa  Fuel terminal in Acajutla with 240,000bbl of storage capacity
10%
Fuel Oil  Administration and O&M of Nejapa
50% INE
7%
Hydro
33% Termopuerto Key Highlights
5%
CEL Other  Strategic location close to San Salvador
33% 10%
 99% availability in 2011, one of the highest in El Salvador
 Cenergica owns one out of two fuel terminals in El Salvador
El Salvador Demand and Capacity
 New marginal cost system
MW GWh  PPA agreement with AES/Delsur
1600 7000  24 months
 78 MW
1400 6000

1200
5000
948 962 975
1000 906 924 906
4000
800
3000
600
2000
400

200 1000

0 0
2007 2008 2009 2010 2011 2012
Capacity Energy Demand

Source: Company Info.

53 (1) As of 12/31/2012.
 Panama & Jamaica - Pedregal and JPPC Overview

Pedregal JPPC

Inkia Energy´s ownership: 21.2%.
Inkia Energy´s ownership: 15.6%

Capacity of 52 MW  Two 9K80MC MAN BWSC low speed (~30 MW each)
 Fuel oil engines, 3 18-V48 MAN BWSC engines

Combined cycle – 4 MW Peter Brotherhood steam turbine
 Two Interconnect points

Black start capability
 Fuel storage cap. 50K Bbls

Managed by IC Power throughout management contract
Fuel storage capacity 50K Bbls

Appoints one participant of the Members Committee (out of 4)
Fuel delivery via ship or trucks

Key decisions subject to unanimity
Interconnect to adjacent JPS substation

Operated by majority shareholder – AEI
Agreements

ENSA
 2013 – 2014 Capacity Only Agreements
 2013 – 2016 Energy and Capacity
PPA
Jamaica Public Services
PPA

Edemet/Edechi  Expires Jan 2018
 2013 – 2014 Capacity Only
 2013 – 2016 Energy and Capacity

54
 IC Power Generation LATAM Assets Summary Chart

(1) (1) Cardones

COBEE CEPP Nejapa Colmito JPPC Pedregal

Country:
Bolivia Dom. Rep El Salvador Chile Chile Jamaica Panama

Inkia Ownership: 100.0% 96.7% 71.0% 86.6% 100.0% 15.6% 21.2%

Effective Capacity: 228 MW 67 MW 140 MW 153 MW 58 MW 59 MW 54 MW
Fuel Type: Hydro/Gas Fuel Oil Fuel Oil Diesel Diesel Fuel Oil Fuel Oil
% off-take contracted: 22.0% 75.1% 65.5% - - 100.0% 56.1 - 100.0%

Financials

2013 EBITDA US$18.7 US$20.2 US$13.0 US$7.8 - US$1 US$13.9

% of Inkia EBITDA 7.9% 8.4% 5.5% 3.3% - N/A(2) N/A(2)

Key Considerations:
3rd largest gen. co. in Increasing energy Strategic location close Inkia's entry point into Operated by majority Managed by Inkia
Bolivia; High level of demand in DR w ith lack to San Salvador; Chile; functions as a shareholder (AEI) through management
availability (96.8% in of efficient capacity strong availability track- peaking unit, operating contract
2013) record mostly in extaordinary
situations, as required
by the system

Source: Company Info.

(1) In El Salvador Inkia also owns 100% of Cenergica, a fuel terminal in Acajutla with 240,000 bbl of storage capacity.
(2) Inkia does not consolidate for JPPC and Pedregal EBITDA.

55