“Sustainability lies at the core of our values as we seek to create a positive impact in powering the world with green energy” STRICTLY PRIVATE AND CONFIDENTIAL Name: Prime Road Group Company Limited Type: Private Company (Holding Company) Industry: Diversified, Renewable Energy Founded: January 2015 Founders/Directors: Somprasong Panjalak Content Overview Surachet Chaipatamanont Registered Capital: Management THB 1,000,000,000 Portfolio Prime Road Group (PRG) is a leading investment conglomerate based in Thailand, with diversified interests in Renewable Energy, Wastewater Treatment, Waste Management, Real Estate, and a regional focus in the Asia-Pacific. We aim to generate superior returns while balancing environmental and social concerns in addressing the region’s energy and environmental problems. Sustainability lies at the core of our values as we seek to create a positive impact in powering the world with green energy. Our senior management brings diverse and extensive experience in investment banking, strategic consulting, private equity, law and energy from professional roles in New York, Hong Kong, Malaysia and Thailand. Through these credentials, they pioneered the development of renewable energy projects in Thailand, including Asia’s largest landfill gas power plant in Nakhon Pathom Province (18MW) and one of the largest solar power farms in Thailand (91MW). STRICTLY PRIVATE AND CONFIDENTIAL Thailand Japan Taiwan Vietnam Contact Us Surachet has over 20 years of experience in the financial services industry, of which 8 years were with JP Morgan in Hong Kong and Singapore, where he last served as the Head of Financial Institution Group (Southeast Asia), as well as stints at Bear, Stearns & Co and Peregrine Capital (USA) Inc. in New York. Surachet previously served as CEO of Maybank Investment Bank (formerly known as Aseambankers, the investment banking arm of Maybank), as well as Head of Corporate Investment Banking overseeing a portfolio of over MYR20billion in assets. He subsequently served as Managing Director for Direct Investment (China) at Guoco Management (HK) and Advisor to the Group President of Hong Leong Financial Group in Malaysia. He has been an Independent Non-Executive Director of Gul Technologies Singapore Ltd since 2010. Surachet Chaipatamanont Founder, Senior Partner and Executive Director From his privately owned Asiahalcyon Capital, he extends his principal investment into telecom and technology industries through holdings in redONE Networks – a fast-growing mobile virtual network operator (MVNO) in Malaysia, named MVNO Service Provider of the Year by Frost & Sullivan in 2015. Other successes include a founding stake in Singapore-based Asia Capital Reinsurance Group – the first successful Asian regional insurer with more than US$1 billion in capital. Graduated from Columbia University with Bachelor of Electrical Engineering and Master of Operations Research in Finance. Content Overview Management Portfolio Thailand Japan Taiwan Vietnam Contact Us STRICTLY PRIVATE AND CONFIDENTIAL Somprasong has over 20 years of experience in the legal services industry, of which over 11 years were with Baker & McKenzie. There, he was among the youngest to be promoted to Partner, before leaving to join Banpu Public Company Limited. Prior to joining Baker & McKenzie, he spent 7 years with the Stock Exchange of Thailand as Senior Legal Officer. Content Overview His experience includes laws, regulations and practices of the Securities and Exchange Commission, the Stock Exchange of Thailand and Thailand Securities Depository (TSD), laws relating to merger and acquisitions, public limited companies, commercial law and business, restructuring as well as drafting various commercial contracts. His functional expertise covers Energy Management, Corporate Governance, and Legal Services related to the Capital Markets. Management Somprasong Panjalak Somprasong currently serves as the Secretary for the Communications and Telecommunication Commission, and is a frequent guest speaker at the Stock Exchange of Thailand. He also teaches at Chulalongkorn University’s and Bangkok University’s Faculty of Laws. Thailand Founder, Senior Partner and Managing Director He graduated from Thammasat University with a Bachelor of Laws and earned a Master of Laws from Case Western Reserve University. Portfolio Japan Taiwan Vietnam Contact Us STRICTLY PRIVATE AND CONFIDENTIAL Content Overview Prime Road Capital Prime Road Tech Soleq Solar 5 Amata 91 MW 8 MW Prime Renewable Development Prime Road Solar 8 MW 5 MW Prime Alternative Energy 5 MW Prime Green Solar Prime Renewable Energy Prime Solar Energy Management Corporation 8.5 MW 5 MW Smart Solar Power Awaji Hino Nari Yabuki 10 MW 5 MW 27 MW 9 MW Thailand Onami 18 MW Japan 9.64 MW Thailand 131.64 MW Portfolio Taiwan Japan 69 MW Taiwan Vietnam Contact Us STRICTLY PRIVATE AND CONFIDENTIAL Soleq Solar Project in four Provinces (2014) Operating Tak 16 MWac Prime Road Tech, a subsidiary of Prime Road Capital, owns 72 MWac (91 MWdc) projects with a PPA entitled to benefit from the prevailing THB8/kWh Adder rate for 10 years under the VSPP program. Content Sukhothai 8 MWac Kampangpet 32 MWac Ubonratchathani 16 MWac Overview Management Portfolio Prime Road Tech developed the project from the greenfield stage, commencing the site selection, preparing comprehensive financial feasibility for project financing, soliciting the EPCs and strategizing the roll-out plan for construction and operation. Thailand Japan Taiwan Prime Road Tech holds 10 SPVs in which each SPV owns the power plant in various provinces. Vietnam Contact Us STRICTLY PRIVATE AND CONFIDENTIAL 5 Amata Solar Project in Ratchaburi Province (2015) Operating Content A Project Company named 5 Amata Co., Ltd located in Ratchaburi province on the area of 118 Rai has entered into PPA at the FIT rate of THB5.66/kWh for 25 years of operation commencing from December 2015. Overview Management Portfolio Ratchaburi 8 MWdc Thailand Japan Taiwan Vietnam Contact Us STRICTLY PRIVATE AND CONFIDENTIAL Co-op Projects (32.6 MW) Phase 1 Co-op Projects (18MW) in 4 Sites Operating Prime Road Group has completed four solar farms totaling 18 megawatts (MW) in Ayutthaya and PathumThani Provinces under the government’s community co-operative program. Under the program solar farms are granted a PPA to sell electricity to the utility for a rate of THB5.66/kWh. The projects reached COD on the 31st December 2016. Content Overview Kampangpet 5 MWac Management Ayutthaya PathumThani 15 MWac 3 MWac Phase 2 Thailand Co-op Projects (14.64MW) in 3 Sites Developing Prime Road Group has completed three solar farms totaling 14.64 megawatts (MW) in Krabi and Trang Provinces under the government’s community cooperative program. Under the program solar farms are granted a PPA to sell electricity to the utility for a rate of THB4.12/kWh. The projects will reach COD on the 30th December 2018. Portfolio Japan Taiwan Vietnam Krabi 4.64 MWac Trang 5 MWac STRICTLY PRIVATE AND CONFIDENTIAL Contact Us Wind Project in Nakorn Ratchasrima Province Developing Prime Road Group has also been developing a wind project in Thailand with anticipated capacity over 100 MW at Nakorn Ratchasrima. More than 6000 Rai of the strong wind area is already secured by MOA signing with the landlords. At current sage, we are preparing for met mast campaign. Content Overview Nakorn Ratchasrima 125 MW Management Portfolio Thailand Japan Taiwan Vietnam Contact Us STRICTLY PRIVATE AND CONFIDENTIAL Landfill Landfill Gas Project Kamphaeng Saen Operating Prime Road Group has completed a Bangkok landfill project that was designed to be the largest landfill gas (LFG) project in Thailand. The project was jointly developed by Sindicatum Carbon Capital, a world leading principal investor and operator of clean energy projects. Source of gases is methane emission from decomposition of waste at the landfill site. Generally, there is more than 5,000 tonnes solid waste collected from Bangkok Metropolitan per day to the landfill Landfill Project Ratchaburi Developing Content Overview Management Kamphaeng Saen 32 MWac Ratchburi Developing Portfolio Thailand Japan Prime Road Group has secured the largest landfill in Racthburi Province. Collecting more than 300 tonnes per day of MSW. PRG is planning for an RDF facility and Waste to Energy Power Plant Taiwan Vietnam Contact Us STRICTLY PRIVATE AND CONFIDENTIAL Solar Japan 5 Sites Content Prime Road Group has been developing solar opportunity in Japan since 2012 and has established an office in Nihombashi, Tokyo for engineering and business development staff both Thai and Japanese to support the investments in Japan. Our on-going projects have over 70 MWdc of the total generation capacity at different development stages that we have managed to secure METI license and grid approval as well as local approvals. We are actively seeking for further investment to expand our solar project portfolio in Japan. Overview Onami 大波 18 MW Developing Nari 会津 27 MW Under Construction Yabuki 矢吹 9 MW Under Construction Management Portfolio Thailand Japan Hino 日野 5 MW Operating Awaji 淡路 10 MW Operating Taiwan Vietnam Contact Us STRICTLY PRIVATE AND CONFIDENTIAL Solar Japan Operating Content Overview Management Portfolio Thailand Japan Hino 日野 5 MW Taiwan Vietnam Contact Us STRICTLY PRIVATE AND CONFIDENTIAL Solar Japan Operating Content Awaji 淡路 10 MW Overview Management Portfolio Thailand Japan Taiwan Vietnam Contact Us STRICTLY PRIVATE AND CONFIDENTIAL Wind Taiwan Developing Prime Solar Energy Corporation and our partner, Star Energy, have also been developing wind projects in Taiwan with capacity more than 20 MW at Taichung port. We are preparing for bidding that will be announced within this year Content Overview Taichung 台中 27 MW Management Portfolio Thailand Japan Taiwan Vietnam Contact Us STRICTLY PRIVATE AND CONFIDENTIAL Yunlin Solar Developing Content Overview Yunlin 雲林 8.5 MW Management Portfolio Prime Solar Energy Corporation has been cooperation with Yunlin Irrigation to develop solar over the canal with capacity 8.5 MW in Yunlin. Construction will be started on October 2018. Thailand Japan Taiwan Vietnam Contact Us STRICTLY PRIVATE AND CONFIDENTIAL Solar Vietnam 95 MW Developing With the issuance of new FiT scheme for utility-scale solar projects, Vietnam is now one of the most promising renewable energy market in Asia-Pacific region whereby the supporting policies are in placed to support the domestic and international investments . Utilizing our experiences, knowledge in developing of solar projects and inexhaustible solar resources of Vietnam, Prime Road Group are expanding our portfolio into the country while committing to delivery low cost and clean electricity to supply the growth in electricity demand. As of today, Prime Road Group is pursuing the development of utility scale solar project to be located in the central of Vietnam, with cumulative installed capacity of 95 MWp. These solar project are aimed to be in commercial operation within June 2019 and enjoy Feed-in Tariffs (FiT) of $0.0935/kWh from Electricity of Vietnam (EVN). Content Overview Management Portfolio Thailand Japan Taiwan Vietnam Contact Us STRICTLY PRIVATE AND CONFIDENTIAL Content Prime Road Group Co., Ltd. 700 Pradit Manutham Road Klong Chaokhunsing, Wang Thonglang Bangkok 10310, Thailand Overview Management T: +662-712-4222 F: +662-713-6588 www.primeroadgroup.com Portfolio Thailand For more information, please contact: Kanadej Thamanoonragsa [email protected] Japan Chanin Srisuma [email protected] Taiwan Vietnam Contact Us STRICTLY PRIVATE AND CONFIDENTIAL
