EURUS

completed

Eurus SAPI de CV (“Eurus” or the “Company”) is a special purpose vehicle incorporated in 2006 under Mexican law for the development, construction and operation of a 250.5 MW wind farm and associated transmission assets in the La Venta Ejido, Municipality of Juchitán de Zaragoza, State of Oaxaca, Mexico (the “Project”). The Project will utilize 167 1.5 MW AW70 Class I turbines manufactured by Acciona Windpower (“AWP”), and benefits from an exceptional wind resource with high average wind speeds matched by few locations in the world. The Project also includes associated control and transmission facilities and a 22 kilometer (km) 230 kV overhead transmission line from the Project site to the Juchitán II substation, to be built within the right of way of the existing Federal Electricity Commission (CFE) transmission line. Project construction is well advanced; to date, all 167 turbines had been erected, of which 110 (163 MW or 66%) have been connected to the grid and declared operational. The substation and related transmission assets are complete. Eurus is 94% owned by Acciona Energía México S. de R.L. de CV (“AEM”), itself a wholly owned subsidiary of Acciona Energía S.A. of Spain (“AE” or the “Sponsor”). The Project is being developed under Mexico’s autoabastecimiento, or autogeneration, framework. As such, the remaining 6% shareholding in the Company is owned by Cemex México SA de CV (“Cemex México”), who is supplying itself with the Project’s output pursuant to a 20-year power purchase agreement (“PPA”) with the Company. Cemex México originally initiated development of the Project for a source of clean, low cost, fixed price energy, and selected AE to take over ownership and development of the Project in 2006._x000B_? The project is located in the La Venta Ejido (communally-owned land) on a plain approximately 40 km inland from the Pacific Coast in the municipality of Juchitán de Zaragoza, Oaxaca, in the Isthmus of Tehuantepec, approximately 3 km from the Sierra de Tolistoque. Total project footprint with affect less than 1% of total Ejido land. There are already two previous wind projects developed by other sponsors operating in La Venta’s lands: La Venta I (1.5 MW, CFE’s pilot project) and La Venta II (approximately 83.5 MW, financed by the World Bank). Another project, La Venta III (approximately 103 MW) is under development. Currently, there are approximately a total 14 wind projects in different stages of development by different companies in the Isthmus, including La Ventosa and La Mata 67.7 MW wind power Project developed by Eléctrica Del Valle de México, an affiliate of Électricité de France (“EDF”), which is also being considered for IFC investment under a different operation.