Investment opportunity Moel Maelogan

Key facts:  Commissioned: January 2003  Installed capacity: 2.3MW  Average capacity factor: c36%  Sales Contract: NFFO 5  EBITDA (5 year average): £354,623  Land lease to March 2027 + savills.co.uk Savills Savills are approaching potential Moel Maelogan Wind Farm Project Information investors on behalf of the General Directors of Cwmni Gwynt Teg Location , North Ltd, “the Seller” who are seeking Consent Obtained May 2000 (unlimited duration) to dispose of their interest in the Commissioning Date January 2003 Moel Maelogan Wind Farm. Capacity1 Installed Capacity 2.3 MW Transaction Structure Number of Turbines 2 The Seller intends to dispose of 100% of the shares in Cwmni Gwynt Teg Ltd Turbine Manufacturer Siemens (Bonus) with consideration paid on close of the Turbine Size 1300 kW (Downrated to 1169 kW until March 2018) transaction. Generation (Since Commissioning) Average Capacity Expressions of Interest c36.04% Factor Interested parties should submit Average Production c7,246 MWh/annum expressions of interest, which should include the following information: Average wind speed c7.47 m/s Average site c98.68% • Identity of acquirer (including availability background information on organisation Revenue and ultimate ownership) Contract Summary NFFO 5 (Index linked) • Any corporate, regulatory, financial or Term2 Feb 2018 other conditions/approvals required to complete the transaction. Price (currently) 6.50p/KWh 3 • Information required to complete the 2007 2008 2009 2010 2011 due diligence Turnover £430,649.43 £493,647.12 £486,269.93 £408,575.94 £444,702.88 • Confirmation of ability to meet process EBITDA £354,521.43 £412,564.57 £396,045.85 £313,632.80 £296,350.99 timetable detailed below Operations • Any other information you consider to Operations and Siemens be relevant Maintenance Interested parties may be shortlisted on Site Operations Cwmni Gwynt Teg Ltd the basis of the information provided. Key Contracts Land Lease4 Expires March 2027 Timetabling Following receipt of an expression of Connection 33KV dedicated line to Sub-Station (SP Manweb plc). Network Capacity interest, bidders will be provided with 2.6 MW more detailed information. Access to the Allocation data room will be provided at the sole 1 Moel Maelogan Wind Farm comprises 3 turbines, two are owned by the Seller, the remaining turbine is owned by Energiekontor UK Ltd. discretion of the Seller and its agents. 2 It is expected that bids would reflect the uplift in price following the removal of the NFFO restriction on both price and export capacity. 3 In 2011, the scheme was subject to one-off refurbishment costs which impacted upon both expenditure and revenues. Full details of the work undertaken will A date for submission of offers will be be provided in the data room. advised at a later date. Financial close for 4 The lease is protected by the security of tenure provisions of the Landlord & Tenant Act 1954. the transaction is anticipated to be in May 2012. Contact Details All communications and enquiries relating to this offering should be directed to the Whilst it is the Seller’s firm intention to sell contacts as detailed below. they are not obliged to accept the highest or indeed any offer. Nick Green BLE (Hons) MRICS Miles Thomas MRICS Savills Energy Savills Energy Viewings are strictly by appointment 55 York Place, PERTH 57 Berkeley Square with Savills. PH2 8EH London W1J 6ER t: 01738 477518 / 07968 550378 t: 0203 107 5466 / 07807 999128 e: [email protected] e: [email protected]

Important Notice Savills and their clients give notice that: They do not make or give any representations or warranties in relation to the property, financial figures or other information either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should be assumed that the property has all necessary planning, building regulation or other consents and Savills have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise. Neither these particulars nor any subsequent communication relative to the property shall be binding upon Savills or the Sellers (whether acted on or otherwise). The reference to any mechanical or electrical equipment or other facilities at the property shall not constitute a representation (unless otherwise stated) as to its state or condition or that it is capable of fulfilling its intended function and prospective purchasers/tenants should satisfy themselves as to the fitness of such equipment for their equirements.r + savills.co.uk Savills Energy