ISQ Growth Markets Infrastructure Fund II (UST), L.P.

pending

The proposed project comprises a US$75 million equity investment in ISQ Growth Markets Infrastructure Fund II (“the Fund”), an infrastructure fund established by I Squared Capital (“ISQ”). The Fund will generally focus on the key sectoral themes of Digital, Energy Transition, Transportation and Logistics, Environmental (waste management and sustainable water), and Social infrastructure in certain jurisdictions that are not member states of the Organization for Economic Co-operation and Development (the “OECD”), as well as the following members of the OECD: as determined by the General Partner in its sole discretion, certain Asia Pacific jurisdictions, including Australia, the Republic of Korea and Japan, and certain Latin American jurisdictions, including Chile, Colombia and Mexico (collectively, the “Target Jurisdictions”).