Green Project Financing by MALAYSIA DEBT VENTURE (MDV) READ PLEASE! Before you open this template be sure that you have installed these fonts: Arial Rounded MT Boldfrom: http://fontsgeek.com/fonts/Arial-Rounded-MT-Bold-Bold Roboto Light from: http://www.fontsquirrel.com/fonts/roboto When add image, you must sent it to back! Right Click on Image -> Send to Back -> Send to Back Green Project Financing by MALAYSIA DEBT VENTURE (MDV) Presenter : Abu Hasan Abd Manan Senior Vice President Business Division

ESTABLISHMENT 100% owned by the Minister of Finance Inc, Malaysia Background ESTABLISHMENT 100% owned by the Minister of Finance Inc, Malaysia Commenced operations in mid 2002 to manage and administer RM1.6 billion (USD420m) G2G loan from Japan First ever lending program developed to drive the ICT industry Dual Role – Innovative Financier and Development Facilitator for ICT, Biotechnology, New & Emerging Sectors

MDV ‘s Vision and Mission Our Vision: The Nation’s leading technology financier Our Mission: To support the Nation’s technology agenda and increase Malaysian technology companies’ probability of success through: Innovative and flexible financing solutions Specialised funding programs Industry expertise and advisory services Nurturing young companies To remain financially sustainable while fulfilling our developmental role

MDV ‘s Mandated Technology Focus INFORMATION & COMMUNICATION TECHNOLOGY BIOTECHNOLOGY GREEN TECHNOLOGY EMERGING TECHNOLOGY 2002 2008 2011 2014 Products and services that (1) provide superior performance competitively, (2) reduce or eliminate negative environmental impacts and (3) improve productive and sustainable use of resources High value & high impact technologies including: Healthcare Communications, Content & Infrastructure Oil, Gas & Energy E&E Technologies for gathering, storing, retrieving, processing, analyzing, and transmitting information Use of living organisms or biological techniques to provide chemicals, drugs, food and services PREMIER TECHNOLOGY FINANCIER IN MALAYSIA

Financing of Solar – MDV Perspective An Initiative by Government through Kementerian Tenaga, Teknologi Hijau dan Air (Kettha) via Sustainable Energy Development Authority (SEDA) and Malaysia Greentech Corporation

Financing of Solar – MDV Perspective Ground Mounted Solar Farm

Financing of Solar – MDV Perspective Building Integrated Photo Voltaic (BIPV) Solar Farm

Financing of Solar – MDV Perspective Commercial Building Solar Rooftop

SOLAR FINANCING: Achievement More than 25 Solar Project Financed with 30MW collective capacity

SOLAR FARM PROGRESS FLOW Feed-in-Tariff (FiT) Approval from SEDA Renewable Energy Power Purchase Agreement (REPPA) with Tenaga Nasional Berhad (TNB) Green Tech Financing Scheme (GTFS) Certificate from Malaysia GreenTech Corp Financing from MDV CGC Guarantee under GTFS

MDV’s Financing Criteria Application Criteria Loan Size - financing up to 80% of contract value or total project cost, with loan size up to RM75 million Loan Tenure - Repayment period up to 15 (Green Tech) years Loan Repayment - Flexible repayment terms that are aligned to the cash flow of your project Collateral - Do NOT necessarily require hard and cash collaterals

MDV’s Financing Criteria Eligibility Criteria Public or private limited company incorporated in Malaysia Minimum paid-up share capital of RM100,000 Minimum five (5) employees No restriction on foreign shareholding Viable technology project/ contract

DUE-DILIGENCE TOOLBOX Experience Capability Commitment

DUE-DILIGENCE TOOLBOX Performance Sun Hour Power System Study

DUE-DILIGENCE TOOLBOX Solar Module Inverter Transformer

Project costing on similar capacity DUE-DILIGENCE TOOLBOX Project costing on similar capacity (average RM7.0 million to RM8.0 million per MW)

DUE-DILIGENCE TOOLBOX Timely project execution vis-à-vis Initial Operation Date (IOD) and Commercial Operation Date (COD) - Regression Risk

MONITORING & SURVEILLANCE DUE-DILIGENCE TOOLBOX MONITORING & SURVEILLANCE

ENGINEERING, PROCUREMENT, CONSTRUCTION & COMMISIONING CONTRACTOR EPCC ENGINEERING, PROCUREMENT, CONSTRUCTION & COMMISIONING CONTRACTOR (EPCC)

SOLAR FINANCING: Challenges Vulnerability of rates Rate offered by SEDA consist of variable rates i.e. SO2 – activities under BIPV Solar. Ability to consistently maintain and sustain the approved activities Regression of rate due to delay completion Land/ Space Land Lease / Rental to include right of financier to enter. Registration of the lease Long term commitment by Landlord Output Reality/ Cash flow Cash flow projection (Sun Hour vs Weather) Allocation and reserves Operation and Maintenance Long term Operation and maintenance / Insurance To do in house or to do comprehensive maintenance

GREEN TECHNOLOGY FINANCING SCHEME MDV – Special Programs GREEN TECHNOLOGY FINANCING SCHEME (GTFS) 60% Guarantee by Credit Guarantee Corporation BTP 2% Government Subsidy on Interest Rate

MDV – Other Renewable Energy Financing Mini Hydro Biomass Plant Biogas Plant Energy Savings Project BTP

MDV – Emerging Technology High value & high impact technologies Healthcare Communications, Content & Infrastructure BTP Oil, Gas & Energy Energy & Efficiency

PRE-SHIPMENT/ DELIVERY Financing Products MDV offers a comprehensive range of financing from pre to post shipment/ delivery to meet the financing needs of technology SMEs LIQUIDITY SUPPORT FLEXIBLE FINANCING PRE-SHIPMENT/ DELIVERY POST-SHIPMENT Trade Facilities / Guarantees Term/ Project & Revolving Lines Contract/ Project Financing Structured to fund exceptional open-ended (i.e. non contract-backed) projects with high likelihood of project success and profitability, via term financing for Capex and revolving financing for Working Capital Up to 85% of the value of the contract can be financed Financing from RM0.5 million up to RM120 million for up to ten years Cash Line Equity Linked Financing iFactoring / Project Financing CONVENTIONAL LOANS ISLAMIC FINANCING

Partner Network MDV works closely with its network Cornerstone Partners/ Key Actors in the technology development space …

THANK YOU MALAYSIA DEBT VENTURES BERHAD When add image, you must sent it to back! Right Click on Image -> Send to Back -> Send to Back THANK YOU MALAYSIA DEBT VENTURES BERHAD Level 5, Menara Bank Pembangunan, 1016 Jalan Sultan Ismail Kuala Lumpur General Line: +60 3 2617 2888 Fax: +60 3 2697 8998 Email: info@mdv.com.my Website: www.mdv.com.my Facebook: Malaysiadebtventures