Adding Value to Renewable Energy Projects in Argentina, in this presentation Luft Energy explains Argentina potential in the renewable challenge.

1. Adding Value to
Renewable Energy Projects
in Argentina
BUENOS AIRES, July 2016

2. Who we are
2
We are a group of professionals, not only with reverence for environmental
and social sustainability, but also with the conviction that there is a great
business opportunity.
We want to play a proactive role in helping the country develop its strength in
sun and wind resource, in a tangible way, converting it to consumable energy.
We only focus on assignments where we think we can add value and deliver
results.
Our priority is getting the projects done!
Luft’s team has a proven track record in:
 Greenfield development & engineering
 Public Affairs
 Managing relations with stakeholders (environmental activist, landowners, etc.)
 Accessing domestic and international financial markets
 Establishing partnership with international players

3. Our work
3
We have various value creation proposals.
We develop projects from greenfield to prepare them to be ready to bid and
build.
We raise equity and debt and support strategic decisions to present projects in
the bidding rounds in Argentina.
LUFT has access to a diversified and first class network of national and
international advisors, investors, banks and technology providers.

4. Our services
4
Greenfield development
• Location selection
• Agreement landowners, land occupants, community, province and national government
• Resource study, production planning & report
• Environmental, Geological and Topographic studies
• Agronomical measures
• Electrical Studies
• Engineering (micrositing layout, conceptual engineering, construction and logistic plan)
• Legal affaires
• Permits and authorizations management
Commercial development
• Marketing of the projects (teasers, infomemos, etc)
• Dataroom
• Connecting adecuated sponsors with developers and investors
Financial development
• Fundraising for each project
• Choosing the best suppliers, EPCs, etc.
• PPA strategy

5. It´s time to change the argentine energy matrix!
5
11%
29%
31%
21%
5%
2%
7%
2%
34%
50%
2%
5%
Others
Coal
Crude Oil
Natural Gas
Nuclear
Hydro
Argentina World
Source: MINEM – National Energy Balance and SESCO
(1) In Argentina, mainly composed by oils and alcohols for biofuels
Primary Energy Supply Total Electricity Generation Capacity
60.9%
35.3%
3.2%
0.6%
Fossil Fuels
Hydro
Nuclear
Wind &
Solar

6. Resource potential: wind speed
6
Top tier resource
Source: 3Tier
Global Mean Wind Speed at 80m

7. Resource potential: solar irradiance
7Source: 3Tier
Global Mean Solar Irradiance
World’s best
solar irradiance

8. 8
Renewable Energy Law 27.191 / Oct-2015
Presidential Decree 531 / Mar-2016
Resolution of the Ministry of Energy and Mining 71 y 72 / May-2016
• Consumption quotas of Renewable Energy: 8% in 2017, 12% in 2020 y 20% in 2025
• Tax Benefits & Investment Regime (creation of Public Renewable Energy Fund)
• World BankWarranty
• Initial public tender of 1.000 MW, 600 wind, 300 MW solar, 80 biofuels and 20
small hydro. Closes 22-Agost-2016. Q1-2017 second tender
Argentina´s Renewable challenge

9. Total Demand & Renewables Demand
(TeraWh) *
9
130
154
177
216
295
0,60
12,29
21,26
43,29
59,00
0
50
100
150
200
250
300
350
2014 2017 2020 2025 2035
Total demand Renewables demand
Installed Capacity projected (in MW) **
* Plataforma de Escenarios EnergéticosArgentina 2035. 2015.CEARE, ITBA, FARN,AVINA
** Projections made using an equivalent of wind power farms with a capacity factor of 35%
151
3.117
5.392
10.981
14.967
2014 2017 2020 2025 2035
Argentina´s Renewable challenge

10. It is time to unlock
the renewable energy potential
in Argentina!
CONTACT US:
Doris Capurro
President
dcapurro@luftenergia.com
MiguelAngel Graña
Senior Partner
mgrana@luftnenergia.com
Phone +54 11 5353 1222
Paraguay 789
C1057AAI Buenos Aires
Argentina