ACQUISITION OF BOMEN SOLAR FARM

WEDNESDAY, 17 APRIL 2019

D E L I V E R I N G F U T U R E E N E R G Y

A FIRST STEP INTO RENEWABLE ENERGY

Spark Infrastructure has acquired 100% interest in the 120MWDC/100MWAC Bomen Solar Farm, with total cost at completion of ~$188m(1)

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Logical and prudent investment aligned with Spark Infrastructure’s investment strategy

High-quality, shovel-ready project in Wagga Wagga, NSW in strong grid location

Highly contracted revenue stream with long-term agreements with high-quality counterparties

Partnering with Beon on construction and connection build

Secure and flexible financing in place

Value and yield accretive(2) with attractive risk-adjusted returns to enhance value creation

Enhances operating cash flow through contracted cash flows consistent with Spark Infrastructure’s existing risk and return profile

(1)Includes purchase of land, construction costs, construction of dedicated transmission line and capitalised interest during construction

(2)Based on target debt funding for project on completion/commencement of commercial operations

D E L I V E R I N G F U T U R E E N E R G Y

1. LOGICAL AND PRUDENT INVESTMENT

Strong investment rationale; providing diversification and growth in the renewable energy infrastructure market

Bomen Solar Farm is the first step in the development of a platform for further renewable energy growth