Funder Preferred Risk Allocation SPV EPC

Construction Contracts Regulatory Authorities Intended Project Structure 108 MW Wind Farm Sponsor(s) Lenders Operating Agreements Project Company SPV Turbine Supply Power Purchaser Construction Contracts Regulatory Authorities

Actual Construction Procurement 108MW Wind Farm Project Company SPV Civil Works Contract Electrical Works Contract Service and Availability Agreement Grid Works Contract Civil Design Subcontract Project Management Agreement Electrical Works Subcontractor Transformer Supply Subcontract Grid Works Subcontractor Health & Safety Appointment Health & Safety Appointment Foundation Design Appointment Contestable Works Project Management Agreement Cost Sharing Agreement Contestability Agreement Consultant Appointment Underground Cable Works Contract Civil Works Contract Substation Works Contract Building Regulations Appointment