ERSTE BANK PAN-EU WIND POWER PACKAGE RS

signed

The project is an underlying operation under the PAN-EU EIND POWER PACKAGE RISK SHARING Lending Envelope with Erste Bank AG to enable new investment in wind energy in the European Union through guarantees on advance payment and performance bonds associated with supply contracts of EU manufacturers (Original Equipment Manufacturers or "OEMs") of wind equipment including grid interconnectors. The project will be implemented as an unfunded partial delegation linked risk sharing transaction with the financial intermediary, supporting it in providing certain types of guarantees in relation to the obligation of manufacturing companies (OEMs) for the supply of wind farm and the related wind value chain components (such as turbines, grid connector's infrastructure, cables, transformer stations, sub-stations and possibly sub-contractors).