ThomasLloyd Group

India portfolio
Introduction

Invest in Sustainable Infrastructure: Renewable Energy, Energy Transmission,

& other Clean technologies

Develop, build & strengthen private initiatives through strategy,

capital and governance
 Capitalise on opportunities in a capital-hungry market
Focus on medium sized enterprises
 Deepen transformational changes in the Indian market
 Build enduring, scalable partnerships
 Benefit from a fast growing market with limited competition
Boost overall investment in Indian green infrastructure projects
 Increase availability of green investment opportunities that provide economic,
environmental and social impact

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Introducing ThomasLloyd Group (TLG)

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Introducing TLG

 ThomasLloyd Group is a global investment

ESTABLISHED
management and advisory company, solely
2003
dedicated to the sustainable infrastructure
LOCATIONS:
sector in Asia.
15 locations in 8 countries
 The company applies in-depth regional on 3 continents

knowledge of social, financial and political EMPLOYEES

trends to the creation of tailored financial over 220 from 29 nations
investment solutions.
INVESTORS

 Our dedicated and highly experienced team over 50.000

bring an entrepreneurial spirit, built on SHARE CAPITAL

many years of relevant experience in some 93 Mio. EUR

of the world’s largest financial institutions. ASSETS UNDER MANAGEMENT

3.4 Bn. USD

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 Introducing TLG
Global footprint

TLG has a global presence

ESTABLISHED

2003
LOCATIONS:

15

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Environmental, Social and Governance (ESG)

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 ESG – Responsible Investing

 Recognition of our responsibility to wider society has always been central to our business
and is fully integrated into our investment processes, from origination to exit.

 We are committed to promoting world-class standards in health and safety, environmental

protection, social engagement and business integrity – as well as sound corporate
governance and transparent accounting – right across our portfolio.

 This commitment manifests itself through:

– Our full-time, in-house team of ESG professionals
– Our determination to improve ESG at management level for all our portfolio companies
– The integration of ESG into all our investment decisions
 Our extensive experience in emerging markets and deep sector knowledge means that we
consistently implement best practice across our portfolio – we have an operationally
focused approach to ESG, as our investments demonstrates.

 Being signatory to Principles of Responsible Investments (PRI), we apply ESG standards to

all of our investments, regardless of the local regulatory environment.

 We have track record of ESG reporting with main metrics of net Co2 reduction, jobs
created, energy security as tangible proof of its our responsible investment ethos.

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Integrating responsible Investment into decision making

• Positive screening of projects

• Complete initial background checks on the investment partners
Screening

• Scope the ESG due diligence, engage external consultants, undertake site visits & attended
management meetings
• Advise IC, present a detailed assessment of ESG risks, opportunities, management capacity
Due & track record
• Develop ESG actions for inclusion in the post-investment plan
Diligence

• Support the management team with the implementation of mitigation & value enhancement
measures
• Regular visits to project sites and attendance of management meetings to ensure ESG
Portfolio standards compliance
• Drive ESG agenda by implementing ESG policies, training and reporting in the company
Management

No compromise between delivering competitive returns and investing responsibly

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India Portfolio

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Introducing TLG
Alternative Asset Experience

 ThomasLloyd launched a portfolio in India in 2018

 Committed growth capital to existing Indian Solar platform founded by Kotak’s

CIIF, EIB’s GEEREF and professional, experienced management team

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SolarArise: Assets Currently Owned

Commissioned Operating Assets

MH-50: 50 MW – Beed,
Maharashtra
Achieved PLF: 24.7% Parameter TG-20 MH-50 KT-30 KT-20
Irradiation: ~5.0 kWh/m2/day
PPA: 25 year (SECI scheme) Project 20 (2*10) 50 30 20
COD: Aug 2017 Capacity
Under Development (MW AC)
UP-50: 50 MW – Bilsi,
Uttar Pradesh Location Telangana Maharashtra Karnataka Karnataka
PPA: 25 year (UPPCL)
COD June 23, August 9, January 5, August 8,
COD: Sep 2020
2016 2017 2018 2019

Project Cost 1,511 3,916 2,275 1,034

(INR mn)

Debt 1,100 2,930 1,750 780

(INR mn) (73%) (75%) (77%) (75%)

Equity 411 986 525 254

(INR mn) (27%) (25%) (23%) (25%)

Commissioned Under Development Assets

TG-20: 2*10 MW – Gadwal, Telangana
Achieved PLF: 22.0%
Irradiation: ~5.7 kWh/m2/day
Parameter UP-50
PPA: 25 year (state policy)
COD: Jun 2016 Project Capacity 50
(MW AC)
Commissioned Location Uttar Pradesh
KT-30: 30 MW – Koppal, Karnataka
Achieved PLF: 21.7% Scheduled COD Q3, 2020
Commissioned Irradiation: 5.4 kWh/m2/day
KT-20: 20 MW – Koppal, PPA: 25 year (SECI scheme) Estimated Project Cost 2,550
Karnataka COD: Jan 2018 (INR mn)
Expected PLF: 27.3%
PPA: 25 year (BESCOM) Current Status Construction to start in September 2019
COD: Aug 2019

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 SolarArise: TG–20 Site Photographs

Location:
2*10 MW (AC) fixed Gadwal,
tilt solar panelsTelangana Dedicated transmission line to the grid
Size: 2*10 MW
Expected PLF: 22.3%
Irradiation: ~5.57 kWh/m2/Day

Switchyard located at site View of the solar panels installed at site

Source: SolarArise
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 SolarArise: MH-50 & KT-30 Site Photographs

2*10 MW (AC) fixed tilt solar panels

KT-30
Location: Koppal, Karnataka MH-50
Size: 30 MW Location: Beed, Maharashtra
Achieved PLF: 21.7% Size: 50 MW
Irradiation: ~5.4 kWh/m2/day Achieved PLF: 24.7%
Irradiation: ~5.0 kWh/m2/day

KT-30 MH-50
Switchyard located at site Switchyard located at site

Source: SolarArise
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Thank you