1. Erez Gissin erez@heliosfund.com

2. Oil Market Volatility

3. Commitment to Carbon Reduction

4. Renewables Approach “Grid-Parity”

5. Yesterday Centralized Power Centralized Power Fossil Fuel Fossil FuelTomorrow Distributed Power Distributed Power Clean & Renewable Clean & Renewable

6. Helios III 2015, €250M Helios II 2013, €70M Helios I 2010, €30M Helios I, II, and III

8. Risk Analysis and Mitigation Regulators Development Local Partners Technology Construction Feedstock Electricity Prices

9. Return-Driven Impact Investing Traditional Investments Low Impact And Low Financial Returns Philanthropy Impact Investments Financial Returns

10. Progress Across Sectors/Countries Sector Country EfW Biomass for Heat Biogas and AD Solar PVWind Natural Gas Cogen UK  Italy  Israel  Holland  France Poland   Existing Helios Operating Assets  Helios Pipeline Deals

11. Local Partners Co-invest Regulations Tech & EPC Projects Hull Energy Works The “BIG” Picture Debt & Acquisitions

12. Helios III - Summary

13. Erez Gissin erez@heliosfund.com Thank You