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PricewaterhouseCoopers: Power Deals* 2009 Annual Review - Mergers and acquisitions activity within the global electricity and

gas market - all published transactions

Power deals includes analysis of all global cross-border and domestic electricity, gas and renewable energy deal activity. It is the latest in our Power Deals annual series. This year, we have expanded the range of data sources to provide the fullest possible account of deal-making for renewable power
assets. The analysis is based on published transactions from the Dealogic ‘M&A Global database’ for all electricity and gas deals. For renewables deals, we have supplemented this with analysis on published transactions from a variety of databases (John S Herold; Mergermarket; Capital IQ; Thomson as
well as Dealogic). This enables consistency with our companion Renewables Deals publication which looks specifically at renewable energy M&A. Analysis encompasses announced deals, including those pending financial and legal closure, and those which are completed. Deal values are the consideration
value announced or reported including any assumption of debt and liabilities. We have considered Asia Pacific as a region including Australasia, except where otherwise explicitly stated. All presented numbers of deals are inclusive of those deals with no reported value.

Value of Target Name Target Nationality Target Location Acquirer name Acquirer Nationality Acquirer Location Sector Type
transaction
(US$m)
No. Date announced
1 14031 20-Feb-09 Endesa SA (25.01%) Spain Europe ENEL SpA Italy Europe Electric Cross-border
2 9912 12-Jan-09 Essent NV (Excluding certain assets) Netherlands Europe RWE AG Germany Europe Electric Cross-border
3 6197 23-Feb-09 Nuon NV (49%) Netherlands Europe Vattenfall AB Sweden Europe Electric Cross-border
Three Gorges Industry Co Ltd (Power generation
assets of Three Gorges Project and equity of auxiliary
companies);
Yangtze Three Gorges Technology & Economy
Development Co Ltd;
Three Gorges Facilities Materials Co Ltd;
Yangtze Three Gorges Hydroelectric Engineering Co
Ltd;
Three Gorges Hi-Tech Information Technology Co Ltd;
4 5966 15-May-09 Three Gorges International Tender Co Ltd China Asia-Pacific China Yangtze Power Co Ltd China Asia-Pacific Electric Domestic
Stadtwerke Hannover AG;
Kom9 GmbH & Co KG;
N-ERGIE AG;
5 4103 12-Aug-09 Thuega AG Germany Europe Mainova AG Germany Europe Electric Domestic
6 3685 20-Feb-09 Endesa SA-Assets Spain Europe Acciona SA - -
7 3486 11-May-09 British Energy Group plc United Kingdom Europe Centrica plc United Kingdom Europe Electric Domestic
New Brunswick Power Corp (Nuclear generating
facility at Point Lepreau, the hydro facilities, the
peaking power plants and the transmission and
8 2989 29-Oct-09 distribution assets) Canada North America Hydro-Quebec Canada North America Electric Domestic
Societa Italiana per il Gas SpA - ITALGAS (49.97%);
9 2909 12-Feb-09 Stoccaggi Gas Italia SpA - STOGIT Italy Europe Snam Rete Gas SpA Italy Europe Gas Domestic
10 1988 08-Jun-09 EON AG Germany Europe VERBUND Innkraftwerke GmbH - -
11 1847 11-May-09 SPE SA (51%) Belgium Europe Electricite de France SA - EDF France Europe Electric Cross-border
Power Station (Five peaking and three combined-cycle
12 1675 10-Aug-09 generation assets) United States North America LS Power Group United States North America Electric Domestic
13 1645 18-Sep-09 Hubei Energy Group Co Ltd China Asia-Pacific Hubei Triring Co Ltd China Asia-Pacific Electric Domestic
14 1592 24-Apr-09 Terna Participacoes SA (65.86%) Brazil South America Companhia Energetica de Minas Gerais - CEMIG Brazil South America Electric Domestic
15 1581 06-Nov-09 The AES Corp (15.82%) United States North America China Investment Corp China Asia-Pacific Electric Cross-border
16 1498 20-Jul-09 Canadian Hydro Developers Inc Canada North America TransAlta Corp - -
Companhia Energetica de Minas Gerais - CEMIG
17 1425 16-Sep-09 (14.41%) Brazil South America AG Concessoes SA Brazil South America Gas Domestic
Compania Colombiana de Inversiones SA;
Empresa de Energia del Pacifico SA ESP - EPSA Banca de Inversion Bancolombia SA;
18 1418 17-Oct-09 (63.84%) Colombia South America Inversiones Argos SA Colombia South America Electric Domestic
19 1335 30-Jun-09 Power Station (Borssele nuclear power plant) Netherlands Europe Existing Shareholders Netherlands Europe Electric Domestic
20 1323 10-Nov-09 Transpower Stromuebertragungs GmbH Germany Europe TenneT TSO BV Netherlands Europe Electric Cross-border
E.ON AG (Coal-burning power plants Lippendorf Block
21 1270 29-May-09 S and Bexbach, Germany) Germany Europe Energie Baden-Wuerttemberg AG - EnBW Germany Europe Electric Domestic
Gas Natural SDG SA (Electricity Generation Assets in Mitsui & Co Ltd;
22 1225 24-Dec-09 Mexico) Mexico North America Tokyo Gas Co Ltd Japan Asia-Pacific Electric Cross-border
23 1221 04-Jul-09 Jaiprakash Power Ventures Ltd (49.1532%) India Asia-Pacific Jaiprakash Hydro Power Ltd India Asia-Pacific Electric Domestic
24 1215 01-Jul-09 International Power Opatovice as Czech Republic Europe J&T Finance Group as Slovak Republic Europe Electric Cross-border
Gas Natural Distribucion SDG SA (500,000 connection Morgan Stanley Infrastructure Partners;
25 1148 19-Dec-09 points for gas distribution in Madrid) Spain Europe Galp Energia SGPS SA United States North America Gas Cross-border
Inversiones Argos (BVC:INVERARGOS); Compania
Colombiana de Inversiones S.A. (BVC:COLINVERS); Banca
26 1138 17-Oct-09 Empresa de Energia del Pacifico S.A. (BVC:EPSA) Colombia South America de Inversión Bancolombia S.A. - -
27 1125 02-Mar-09 SDIC Electric Power Co China Asia-Pacific SDIC Huajing Power Holdings Co Ltd China Asia-Pacific Electric Domestic
28 1072 28-Aug-09 Power Station (1000MW Sual coal-fired power plant) Philippines Asia-Pacific San Miguel Corp Philippines Asia-Pacific Electric Domestic
29 969 22-May-09 GDF Suez SA (1.2%) France Europe Market Purchase France Europe Gas Domestic
EWE AG;
30 948 22-Jun-09 Stadtwerke Bremen AG - SWB (51%) Germany Europe City State of Bremen Germany Europe Electric Domestic
31 903 30-Dec-09 Light SA (26.06%) Brazil South America Companhia Energetica de Minas Gerais - CEMIG Brazil South America Electric Domestic
32 900 03-Dec-09 Iberdrola Renewables, Inc. United States North America Pacific Gas & Electric Co. - -
Shanxi Lujin Hequ Power Co Ltd (75%);
Shanxi Luneng Hequ Electricity & Coal Development
Co Ltd;
33 833 24-Dec-09 Shanxi Luneng Hequ Power Co Ltd China Asia-Pacific Guangdong Golden Horse Tourism Group Stock Co Ltd China Asia-Pacific Electric Domestic
34 790 19-Oct-09 Energy Developments Ltd Australia Australasia Pacific Equity Partners Pty Ltd Australia Australasia Electric Domestic
Dominion Resources Inc (Natural Gas Unit in
35 780 29-Dec-09 Pennsylvania ) United States North America SteelRiver Infrastructure Fund North America LP United States North America Electric Domestic
36 741 04-Oct-09 Elkem Energi Siso AS and Elkem Energi Lakshola AS Norway Europe Ostfold Energi As; Nord-Trøndelag Energiverk Energi AS - -
37 733 05-Feb-09 Outram Ltd China Asia-Pacific Hongkong Electric Holdings Ltd Hong Kong Asia-Pacific Electric Cross-border
China Investment Corp;
China Life Insurance Co Ltd;
Value Partners Ltd;
WL Ross & Co LLC;
South Valley Holdings Ltd;
38 730 27-Nov-09 China Longyuan Power Corp (Stake%) China Asia-Pacific China Life Insurance (Group) Co China Asia-Pacific Electric Domestic
39 724 17-Jun-09 Teck Resources Limited Canada North America BC Hydro - -
Power Station (700MW Pagbilao coal fired power
40 691 28-Aug-09 plant) Philippines Asia-Pacific Aboitiz Power Corp Philippines Asia-Pacific Electric Domestic
41 688 23-Apr-09 Northland Power Inc Canada North America Northland Power Income Fund Canada North America Electric Domestic
Power Station (Ekibastuz GRES -1 power plant,
42 681 10-Dec-09 Kazakhstan) Kazakhstan Asia-Pacific SamrukKazyna National Welfare Fund Kazakhstan Asia-Pacific Electric Domestic

Page 1 of 15
PricewaterhouseCoopers: Power Deals* 2009 Annual Review - Mergers and acquisitions activity within the global electricity and gas market - all published transactions

Power deals includes analysis of all global cross-border and domestic electricity, gas and renewable energy deal activity. It is the latest in our Power Deals annual series. This year, we have expanded the range of data sources to provide the fullest possible account of deal-making for renewable power
assets. The analysis is based on published transactions from the Dealogic ‘M&A Global database’ for all electricity and gas deals. For renewables deals, we have supplemented this with analysis on published transactions from a variety of databases (John S Herold; Mergermarket; Capital IQ; Thomson as
well as Dealogic). This enables consistency with our companion Renewables Deals publication which looks specifically at renewable energy M&A. Analysis encompasses announced deals, including those pending financial and legal closure, and those which are completed. Deal values are the consideration
value announced or reported including any assumption of debt and liabilities. We have considered Asia Pacific as a region including Australasia, except where otherwise explicitly stated. All presented numbers of deals are inclusive of those deals with no reported value.

Value of Target Name Target Nationality Target Location Acquirer name Acquirer Nationality Acquirer Location Sector Type
transaction
(US$m)
No. Date announced
43 658 12-Mar-09 Rezende Barbosa SA - Aministracao e Participacoes Brazil South America Cosan SA Industria e Comercio - -
44 609 22-May-09 Red Electrica de Espana SA (10%) Spain Europe Red Electrica de Espana SA Spain Europe Electric Domestic
45 571 06-Nov-09 AES Corp United States North America China Investment Corp{CIC} - -
46 557 05-Feb-09 Proenergia Internacional SA Colombia South America Existing Shareholders Colombia South America Gas Domestic
47 555 02-Jun-09 Gamesa Corporacion Tecnologica SA Spain Europe Iberdrola - -
48 515 03-Jun-09 Datang Yantan Hydropower Co., Ltd. China Asia-Pacific Guangxi Guiguan Electric Power Co., Ltd. (SHSE:600236) - -
Liander NV (Liander regional 1800 km of electricity
49 509 11-Jun-09 connections and some 70 high-voltage installations) Netherlands Europe TenneT BV Netherlands Europe Electric Domestic
50 500 09-Oct-09 Galata Wind Enerji Turkey Europe Agaoglu Group of Companies - -
51 483 13-Mar-09 Abitibi Consolidated Co. Canada North America Hydro-Quebec - -
52 480 19-Oct-09 Sarawak Energy Bhd (38.2242%) Malaysia Asia-Pacific Delegateam Sdn Bhd Malaysia Asia-Pacific Electric Domestic
Enexis (Enexis Dutch regional high-voltage grids of
53 470 31-Mar-09 110 and 150 kV) Netherlands Europe TenneT BV Netherlands Europe Electric Domestic
Power Station (248,000 connection points for gas
distribution, 209,000 gas clients and 4,000 electricity
54 465 20-Jul-09 clients) Spain Europe Energias de Portugal SA - EDP Portugal Europe Electric Cross-border
55 450 03-Sep-09 Elektroprivreda Crne Gore AD - EPCG (30.07%) Montenegro Europe A2A SpA Italy Europe Electric Cross-border
56 450 06-Jul-09 Veolia Environment United States North America Covanta Holding Corporation - -
57 441 23-Apr-09 Power Station (Gas-fired power station ENECOGEN) Netherlands Asia-Pacific Dong Energy A/S Denmark Europe Electric Cross-border
58 434 01-Oct-09 Gas Natural SDG SA (2.3%) Spain Europe Market Purchase Spain Europe Electric Domestic
59 418 15-Oct-09 Solel Solar Systems Ltd Israel Middle East Siemens AG - -
60 415 23-Apr-09 Union Fenosa SA (4.78%) Spain Europe Gas Natural SDG SA Spain Europe Electric Domestic
Shenzhen Bosera Asset Management Co Ltd (Liu Yiqian
1.48%);
Taikang Asset Management Co Ltd;
Qingdao Huatong State-owned Capital Operation (Group) Co
Ltd;
Harvest Fund Management Co Ltd;
Aviation Shenzhou Investment Management Co Ltd;
China Guangdong Nuclear Power Corp;
Qingdao Guoxin Development (Group) Co Ltd;
61 413 02-Dec-09 Huadian Power International Corp Ltd (8.86%) China Asia-Pacific Guangdong Hengjian Investment Holdings Co Ltd China Asia-Pacific Electric Domestic
Gornoslaski Zaklad Elektroenergetyczny SA - GZE
(25.07%);
62 409 28-May-09 Vattenfall Heat Poland SA Poland Europe Vattenfall AB Sweden Europe Electric Cross-border
63 400 02-Mar-09 OptiSolar Inc United States North America First Solar Inc - -
64 390 18-Mar-09 Power Station (3 Solar Photovoltaic plants in Spain) Spain Europe HgCapital LLP - -
65 381 29-Jun-09 Renewable Energy Corp ASA Norway Europe Investor Group - -
66 380 03-Jun-09 Empresa de Energia del Pacifico S.A. (BVC:EPSA) Colombia South America Gas Natural Internacional SDG, S.A. - -
67 379 09-Oct-09 Edegel SAA (29.4%) Peru South America Empresa Nacional de Electricidad SA - ENDESA Chile Chile South America Electric Cross-border
Empresa de Energia del Pacifico SA ESP - EPSA
68 378 07-May-09 (39.23%) Colombia South America Gas Natural SDG SA Spain Europe Electric Cross-border
Power Station (Calaca coal-fired thermal power plant,
69 362 08-Jul-09 Batangas) Philippines Asia-Pacific DMCI Holdings Inc Philippines Asia-Pacific Electric Domestic
Pacific Hydro Ltd (111MW Chacayes hydro project in
70 360 26-May-09 Chile.) Chile South America Astaldi SpA - -
71 353 09-Jun-09 Henan Zhongfu Electric Co Ltd (28%) China Asia-Pacific Henan Yulian Resources Group Co Ltd China Asia-Pacific Electric Domestic
Babcock and Brown Power Limited, Three Operating
72 352 01-Oct-09 Wind Power Projects United States North America NextEra Energy Resources, LLC - -
73 349 11-Dec-09 TGK-13 OAO Russian Federation FSU Sibenergyholding OAO Russian Federation FSU Electric Domestic
Potomac Edison Co (electric distribution operations in Rappahannock Electric Cooperative;
74 340 05-May-09 Virginia) United States North America Shenandoah Valley Electric Cooperative United States North America Electric Domestic
75 340 21-Dec-09 CESTE - Consórcio Estreito Energia Brazil South America Tractebel Energia S.A. (BOVESPA:TBLE3) - -
76 338 13-Nov-09 Guodian Jiangsu Power Co Ltd (37.26%) China Asia-Pacific GD Power Development Co Ltd China Asia-Pacific Electric Domestic
Empresa Electrica del Norte Grande SA - EDELNOR
77 334 06-Nov-09 (52.4%) Chile South America GDF Suez SA France Europe Electric Cross-border
78 330 30-Oct-09 Chubu Electric Power Co Inc (2.1%) Japan Asia-Pacific Chubu Electric Power Co Inc Japan Asia-Pacific Electric Domestic
79 330 10-Jun-09 Light SA (13.14%) Brazil South America Market Purchase Brazil South America Electric Domestic
CEZ Distributie SA (30%);
80 328 07-Sep-09 CEZ Vanzare SA Romania Europe Ceske Energeticke Zavody as - CEZ Czech Republic Europe Electric Cross-border
81 323 22-Oct-09 SunEdison LLC United States North America MEMC Electronic Materials Inc - -
Veolia Environnement SA;
82 320 21-Dec-09 Matep LLC United States North America Morgan Stanley Infrastructure Partners France Europe Electric Cross-border
83 317 03-Aug-09 Babcock & Brown-French Wind France Europe AXA Private Equity - -
Gamesa Corporación Tecnológica S.A., Six Wind Inveravante Inversiones Universales, S.L; Gestamp Eólica
84 310 16-Jul-09 Farms in Galicia and Catalonia Spain Europe S.L. - -
Abu Dhabi Water & Electricity Authority - ADWEA
85 302 04-May-09 (Fujairah Water And Electricity Plant) United Arab Emirates Middle East Abu Dhabi National Energy Co - Taqa United Arab Emirates Middle East Electric Domestic
86 299 01-Jun-09 Constellation Energy Group Inc (5.49743%) United States North America Barclays plc United Kingdom Europe Electric Cross-border
87 299 01-Jul-09 Iberdrola SA Chile South America Compania General de Electricidad SA - -
Sogn Og Fjordane Energi AS; Tafjord Kraftproduksjon AS;
88 295 04-Oct-09 Elkem Energi Bremanger AS Norway Europe Sognekraft AS - -
89 294 24-Jun-09 Iberoamericana de Energía Ibener, S.A. Chile South America CGE Generación S.A. - -
90 288 02-Mar-09 Reliant Energy Inc (Texas Retail Business) United States North America NRG Energy Inc United States North America Electric Domestic
91 273 15-Apr-09 Renewagy A/S Denmark Europe COLEXON Energy AG - -
92 273 02-Jun-09 Gamesa Corporacion Tecnologica SA (4.91%) Spain Europe Morgan Stanley United States North America Electric Cross-border
93 267 19-May-09 CPFL Energia (3.46%) Brazil South America Undisclosed Acquiror Brazil South America Electric Domestic
OptiSolar Technologies Inc (Intellectual property and
94 260 22-Jul-09 an R&D facility ) United States North America Allora Minerals Inc Australia Australasia Electric Cross-border

Page 2 of 15
PricewaterhouseCoopers: Power Deals* 2009 Annual Review - Mergers and acquisitions activity within the global electricity and gas market - all published transactions

Power deals includes analysis of all global cross-border and domestic electricity, gas and renewable energy deal activity. It is the latest in our Power Deals annual series. This year, we have expanded the range of data sources to provide the fullest possible account of deal-making for renewable power
assets. The analysis is based on published transactions from the Dealogic ‘M&A Global database’ for all electricity and gas deals. For renewables deals, we have supplemented this with analysis on published transactions from a variety of databases (John S Herold; Mergermarket; Capital IQ; Thomson as
well as Dealogic). This enables consistency with our companion Renewables Deals publication which looks specifically at renewable energy M&A. Analysis encompasses announced deals, including those pending financial and legal closure, and those which are completed. Deal values are the consideration
value announced or reported including any assumption of debt and liabilities. We have considered Asia Pacific as a region including Australasia, except where otherwise explicitly stated. All presented numbers of deals are inclusive of those deals with no reported value.

Value of Target Name Target Nationality Target Location Acquirer name Acquirer Nationality Acquirer Location Sector Type
transaction
(US$m)
No. Date announced
95 258 19-May-09 CPFL Energia S.A. (BOVESPA:CPFE3) Brazil South America - - -
Ohio Valley Electric Corp (200 megawatts (MW) from
OVEC's generating facilities in southern Ohio and
96 252 20-Mar-09 southern Indiana. ) United States North America Buckeye Power Inc United States North America Electric Domestic
97 252 01-May-09 Ohio Valley Electric Corporation United States North America Buckeye Power Generating, LLC - -
98 247 02-Oct-09 Empresa de Energia de Bogota SA ESP - EEB (7.2%) Colombia South America Investor Group (Institutional investors) Colombia South America Electric Domestic
Investor Group (268 municipalities of Mecklenburg-Western
99 243 31-Aug-09 Wemag AG (80.3%) Germany Europe Pomerania and Brandenburg, Germany) Germany Europe Electric Domestic
100 242 23-Jan-09 Luxempart-Energie SA (51%) Luxembourg Europe RWE AG Germany Europe Electric Cross-border
101 240 11-Nov-09 Vale do Ivai S/A Acucar e Alcool Brazil South America Shree Renuka Sugars Ltd - -
Polaris Geothermal Inc; Western GeoPower Corp;
102 234 09-Sep-09 Ram Power Inc United States North America Ram Power Corp - -
103 225 24-Aug-09 RWE AG (Minority%) Germany Europe KEB Holding AG Switzerland Europe Electric Cross-border
104 223 29-Sep-09 Alupar Investimento SA (17.84%) Brazil South America Fundo de Investimento em Infraestrutura do FGTS Brazil South America Electric Domestic
105 220 05-May-09 Vapo Oy (49.90% stake) Finland Europe Etela-Pohjanmaan Voima Oy (EPV) - -
Power Station (192.5MW Palinpinon and 112.5MW
106 220 23-Oct-09 Tongonan geothermal power plants) Philippines Asia-Pacific Energy Development Corp (EDC) - -
107 220 01-Jun-09 Enagas SA (5%) Spain Europe Oman Oil Co - OOC Oman Middle East Gas Cross-border
Power Station (Kazan 3 and Nizhnekamsk power plant,
108 219 15-Dec-09 Russia) Russian Federation FSU Tataro-American Investments & Finance OAO - TAIF Russian Federation FSU Electric Domestic
Electrificadora de Santander SA ESP - ESSA
(78.99%);
109 215 26-Feb-09 Centrales Electricas del Norte de Santander SA ESP Colombia South America Empresa Publica de Medellin (EPM) Colombia South America Electric Domestic
CEZ Distributie SA (19%);
110 214 28-Sep-09 CEZ Vanzare SA Romania Europe Ceske Energeticke Zavody as - CEZ Czech Republic Europe Electric Cross-border
111 202 07-Jan-09 Enersis II SGPS SA (Wind energy assets) Portugal Europe Private Investor (Manuel Serzedelo) - -
112 200 26-Aug-09 EverPower Wind Holdings, Inc. United States North America Terra Firma Capital Partners Limited; Good Energies Inc. - -
113 198 09-Nov-09 Dalkia Ceska Republika as (15%) Czech Republic Europe Ceske Energeticke Zavody as - CEZ Czech Republic Europe Electric Domestic
114 197 13-May-09 Yuneng (Group) Co Ltd China Asia-Pacific Datang International Power Generation Co Ltd China Asia-Pacific Electric Domestic
115 196 07-Oct-09 Novera Energy Plc (70.40% stake) UK Europe Infinis Energy Limited - -
116 194 23-Jan-09 Wetfeet Offshore Windenergy Germany Europe Investor Group - -
117 186 16-Oct-09 Dandong Orient New Energy Co Ltd China Asia-Pacific China Huadian Corp China Asia-Pacific Electric Domestic
118 181 18-Mar-09 Yesil Enerji (95%) Turkey Europe Statkraft AS Norway Europe Electric Cross-border
Guangdong Electric Power Development Co Ltd
119 176 18-Apr-09 (6.99%) China Asia-Pacific Guangdong Yudean Group Co Ltd China Asia-Pacific Electric Domestic
Empresa de Investimento em Energias Renovaveis SA
120 172 13-Oct-09 (ERSA) (23%) Brazil South America BTG Pactual - -
121 172 26-May-09 Elektroprivreda Crne Gore AD Niksic (15.20% stake) Serbia & Montenegro Europe A2A SpA - -
122 169 27-Aug-09 British Energy plc (Eggborough power station, UK) United Kingdom Europe Undisclosed Acquiror United Kingdom Europe Electric Domestic
Moscow United Electricity Distribution Co OJSC -
123 167 28-May-09 MOESK (9.62%) Russian Federation FSU Sirita Venchyrez Ltd Russian Federation FSU Electric Domestic
Blackhawk Biofuels, LLC; Central Iowa Energy, LLC;
124 165 11-May-09 Western Iowa Energy, LLC United States North America Renewable Energy Group - -
125 162 26-Jun-09 Solibro AB Sweden Europe Q-Cells SE - -
126 162 27-Mar-09 Energie Investimenti SpA (40%) Italy Europe GDF Suez SA France Europe Gas Cross-border
127 162 16-Dec-09 Enagas SA (3.03558%) Spain Europe HSBC Holdings plc United Kingdom Europe Gas Cross-border
Tianjin Huaneng Yangliuqing Co-generation Co Ltd
128 158 22-Apr-09 (55%) China Asia-Pacific Huaneng Power International Inc China Asia-Pacific Electric Domestic
129 155 28-Apr-09 SK E&S Co Ltd (24.5%) South Korea Asia-Pacific SK C&C Co Ltd South Korea Asia-Pacific Gas Domestic
130 149 03-Aug-09 Power Station (Hartwell plant) United States North America Oglethorpe Power Corp United States North America Electric Domestic
131 147 24-Feb-09 Iberdrola SA (0.425%) Spain Europe Market Purchase Spain Europe Electric Domestic
132 138 28-Oct-09 GLID Wind Farms Topco Ltd UK Europe TCW Energy & Infrastructure - -
PPL Edgewood Energy LLC;
133 135 29-May-09 PPL Shoreham Energy LLC United States North America J-Power Privatization Fund Co Ltd Japan Asia-Pacific Electric Cross-border
134 135 20-Apr-09 Florida Public Utilities Co United States North America Chesapeake Utilities Corp United States North America Electric Domestic
135 134 26-May-09 Elektroprivreda Crne Gore AD - EPCG (15%) Montenegro Europe A2A SpA Italy Europe Electric Cross-border
BP Plc (Wind energy assets located in Maharashtra
136 134 11-Sep-09 and Karnataka) India Asia-Pacific Green Infra Limited - -
137 128 02-Oct-09 Almeria; Solon Spain Europe Konstantin Strasser (Private Investor) - -
138 124 21-May-09 North Allegheny Wind, LLC United States North America Duke Energy Corporation (NYSE:DUK) - -
139 121 30-Sep-09 AIM PowerGen Corporation Canada North America International Power plc (LSE:IPR) - -
140 119 14-May-09 Moscow Integrated Power Co OAO - MOEK (3.46%) Russian Federation FSU City of Moscow Russian Federation FSU Electric Domestic
Sierra Pacific Power Co (California electric distribution Algonquin Power Income Fund;
141 116 23-Apr-09 and generation assets) United States North America Emera Inc Canada North America Electric Cross-border
Sierra Pacific Power Co., California Electric Distribution Emera Inc. (TSX:EMA); Algonquin Power & Utilities Corp.
142 116 22-Apr-09 and Generation Assets United States North America (TSX:AQN) - -
143 112 02-Jan-09 Suzlon Energy Ltd Belgium Europe Ecofin Ltd - -
144 110 19-Jun-09 TGC-6 OAO (19.3836%) Russian Federation FSU Jamica Ltd Russian Federation FSU Electric Domestic
145 110 22-Jul-09 Zhongshan Power Plant Co Ltd (Stake%) China Asia-Pacific Guangdong Investment Ltd Hong Kong Asia-Pacific Electric Cross-border
146 109 01-Jul-09 ENDESA INGENIERÍA S.L., 10MW Photovoltaic Plant Spain Europe Macquarie Capital Funds (Europe) Ltd. - -
KG Allgemeine Leasing GmbH & Co. and E.ON Energy
147 108 10-Nov-09 Projects GmbH, Merinda Wind Farm Portfolio Germany Europe - - -
148 107 31-Oct-09 Zhanjiang Zhongyue Energy Co Ltd (51%) China Asia-Pacific Guangdong Electric Power Development Co Ltd China Asia-Pacific Electric Domestic
149 107 27-Jul-09 Stanton Wind Energy LLC United States North America Sumitomo Corporation of America - -
Power Station (Heard County Power Generation
150 105 25-Feb-09 Facility ) United States North America Oglethorpe Power Corp United States North America Electric Domestic
151 105 16-Nov-09 Endesa SA-Arico Solar Energy Spain Europe Platina Partners LLP - -
Shanghai Electric Power Generation Equipment Co Ltd
152 104 04-Sep-09 (9.6%) China Asia-Pacific Siemens AG Germany Europe Electric Cross-border

Page 3 of 15
PricewaterhouseCoopers: Power Deals* 2009 Annual Review - Mergers and acquisitions activity within the global electricity and gas market - all published transactions

Power deals includes analysis of all global cross-border and domestic electricity, gas and renewable energy deal activity. It is the latest in our Power Deals annual series. This year, we have expanded the range of data sources to provide the fullest possible account of deal-making for renewable power
assets. The analysis is based on published transactions from the Dealogic ‘M&A Global database’ for all electricity and gas deals. For renewables deals, we have supplemented this with analysis on published transactions from a variety of databases (John S Herold; Mergermarket; Capital IQ; Thomson as
well as Dealogic). This enables consistency with our companion Renewables Deals publication which looks specifically at renewable energy M&A. Analysis encompasses announced deals, including those pending financial and legal closure, and those which are completed. Deal values are the consideration
value announced or reported including any assumption of debt and liabilities. We have considered Asia Pacific as a region including Australasia, except where otherwise explicitly stated. All presented numbers of deals are inclusive of those deals with no reported value.

Value of Target Name Target Nationality Target Location Acquirer name Acquirer Nationality Acquirer Location Sector Type
transaction
(US$m)
No. Date announced
153 102 10-Aug-09 Gemeng International Energy Group (7%) China Asia-Pacific Electric Power Development Co Ltd - J-Power Japan Asia-Pacific Electric Cross-border
154 102 03-Nov-09 Heritage Gas Ltd (75.1%) Canada North America AltaGas Utility Group Inc Canada North America Gas Domestic
155 101 03-Aug-09 Undisclosed Germany Europe The Bosch Group - -
Citi Venture Capital International - CVCI;
Sequoia Capital;
156 100 19-Aug-09 Ind-Barath Power Infra Pvt Ltd (18%) India Asia-Pacific Bessemer Venture Partners - BVP United States North America Electric Cross-border
Guangzhou Hengyun Thermal Power Plant (C) Co Ltd
157 99 11-Sep-09 (50%) China Asia-Pacific Guangzhou Hengyun Enterprises Holding Co Ltd China Asia-Pacific Electric Domestic
158 99 22-Oct-09 Pohjolan Voima Oy (1.2%) Finland Europe UPM-Kymmene Oyj Finland Europe Electric Domestic
159 96 15-Jul-09 Power Station (Daesan Combined Cycle Power Plant) South Korea Asia-Pacific Meiya Power Co Ltd Hong Kong Asia-Pacific Electric Cross-border
160 95 01-Jul-09 PPL Maine, LLC, Hydroelectric Generation Business United States North America Black Bear Hydro Partners LLC - -
Roaring 40s Renewable Energy Pty Ltd., 10 Wind
161 94 07-Apr-09 Farms in China China Asia-Pacific CLP Holdings Ltd. (SEHK:2) - -
Valley Electric Membership Corp (Transmission &
162 94 19-Nov-09 Distribution Assets ) United States North America American Electric Power Co Inc - AEP United States North America Electric Domestic
Industrias Metalurgicas Pescarmona S.a.i.c. Y F., 3
163 94 04-Feb-09 Wind-Energy Projects in Northeast Brazil Brazil South America Cia Energetica de Minas Gerais (BOVESPA:CMIG4) - -
164 92 23-Sep-09 Dynamic Green Energy Ltd China Asia-Pacific ReneSola Ltd - -
165 91 28-May-09 Sistemes Energetics Serra Les Forques S.A Spain Europe Genera Avante S.L; Gestamp Eolica S.L - -
166 91 05-Oct-09 Tianjin Gas Group Co Ltd (Gas pipeline assets) China Asia-Pacific Tianjin Tianlian Public Utilities Co Ltd China Asia-Pacific Gas Domestic
167 90 23-Jan-09 U.S. Energy Biogas Corp. United States North America Silver Point Finance, LLC - -
168 90 30-Dec-09 Redes Energeticas Nacionais SGPS - REN (3.9%) Portugal Europe Parpublica - Participacoes Publicas SGPS SA Portugal Europe Electric Domestic
169 89 07-Apr-09 Santelisa Vale Bioenergia SA (40.00% stake) Brazil South America Louis Dreyfus Commodities - -
170 87 04-Nov-09 Xcel Energy Inc (Power Distribution Systems) United States North America Lubbock Power & Light United States North America Electric Domestic
First Energy Bank;
GDF Suez SA (Al Dur Independent Water and Power Capital Management House;
171 85 27-Jul-09 (IWPP) project in Bahrain) Bahrain Middle East Bahrain Islamic Bank Bahrain Middle East Gas Domestic
Greentech Energy Systems A/S, Monte Grighine Wind
172 84 07-May-09 Energy Project Italy Europe EDF Energies Nouvelles S.A. (ENXTPA:EEN) - -
173 82 26-Feb-09 Empresa de Energia de Cundinamarca SA ESP Colombia South America Empresa de Energia de Bogota SA ESP - EEB Colombia South America Electric Domestic
174 82 14-May-09 OGK-6 OAO (17.1153%) Russian Federation FSU Invest-Generatsiya OOO Russian Federation FSU Electric Domestic
Delta NV (Delta regional high-voltage grids of 150 kV
175 80 10-Jun-09 and 380 kV) Netherlands Europe TenneT BV Netherlands Europe Electric Domestic
176 80 21-Dec-09 Northbrook New York, LLC United States North America Fort Chicago Energy Partners LP (TSX:FCE.UN) - -
177 80 24-Nov-09 Jamtkraft AB (20.6%) Sweden Europe Ostersunds Municipality Sweden Europe Electric Domestic
178 80 23-Dec-09 Centrica plc, 270 Megawatt Lincs Offshore Wind Farm UK Europe DONG Energy AS; Siemens Project Ventures GmbH - -
Ishikawa Prefectural Government (Electric power
179 79 05-Oct-09 generation business) Japan Asia-Pacific Hokuriku Electric Power Co Inc Japan Asia-Pacific Electric Domestic
Marubeni Corp (39.9% / 39.9% / 20.2%);
Power Station (Hallett 4 Wind Farm, Southern APA Group;
180 77 01-Oct-09 Australia) Australia Australasia Osaka Gas Co Ltd - -
Warburg Pincus LLC;
HIG Ventures;
New Enterprise Associates;
Advanced Equities Inc;
181 75 27-Jul-09 Suniva Inc (Stake%) United States North America Apex Venture Partners United States North America Electric Domestic
182 74 03-Nov-09 RENERCO Renewable Energy Comce Germany Europe BayWa Green Energy GmbH - -
183 73 09-Jun-09 TGC-11 OAO (28.8%) Russian Federation FSU Inter RAO EES OAO Russian Federation FSU Electric Domestic
184 72 12-Nov-09 Kuzbassenergo OAO (16.14%) Russian Federation FSU Donalink Ltd Russian Federation FSU Electric Domestic
Norsk Hydro ASA;
185 71 10-Mar-09 NorSun AS (Stake%) Norway Europe Undisclosed Acquiror - -
186 68 22-Jan-09 Wanneng Maanshan Power Generation Co Ltd (49%) China Asia-Pacific Huainan Mining Group China Asia-Pacific Electric Domestic
187 67 25-Nov-09 Zhengzhou Gas Co Ltd (43.18%) China Asia-Pacific China Resources Gas Group Ltd China Asia-Pacific Gas Domestic
188 65 13-May-09 Danta De Energias S.A. Spain Europe Agrupacio Energias Renovables, S.A. - -
NCP Perry LLC;
Teton Fuels Mid-Georgia LLC;
189 65 17-Aug-09 NCP Houston Power LLC United States North America Perennial Power Holdings United States North America Electric Domestic
190 64 09-Feb-09 Constellation Energy Group Inc (1.33271%) United States North America Undisclosed Acquiror United States North America Electric Domestic
191 64 24-Feb-09 Enfinity Belgium Europe Waterland Private Equity Fund - -
192 63 02-Jun-09 Poweo SA (13.4%) France Europe Oesterreichische Elektrizitatswirtschafts AG - Verbund Austria Europe Electric Cross-border
193 62 23-Dec-09 DONG Energy AS, Walney Offshore Wind Farm UK Europe Scottish & Southern Energy plc (LSE:SSE) - -
194 62 29-Oct-09 Edison Sault Electric Co United States North America Cloverland Electric Cooperative United States North America Electric Domestic
195 62 29-Oct-09 Edison Sault Electric Company, Inc. United States North America Cloverland Electric Cooperative Inc. - -
196 61 25-Jun-09 Adani Power Ltd (1.43%) India Asia-Pacific Capital Trade & Investment Pvt Ltd India Asia-Pacific Electric Domestic
197 61 26-Mar-09 Central-Asian Electric Power Corp - CAEPCo (Stake%) Kazakhstan Asia-Pacific European Bank for Reconstruction & Development - EBRD United Kingdom Europe Electric Cross-border
198 60 18-Mar-09 Gamesa Corporacion Tecnologica SA (2.027%) Spain Europe Marsico Capital Management LLC United States North America Electric Cross-border
199 60 13-Dec-09 Majority stake in AES Pak Gen and AES Lal Pir Pakistan Asia-Pacific Nishat Mills Ltd. (KASE:NML) - -
200 59 16-Nov-09 Northern Gas Networks Holdings Ltd (6.19%) United Kingdom Europe Hongkong Electric Holdings Ltd Hong Kong Asia-Pacific Gas Cross-border
201 59 21-May-09 Red Electrica Corp SA (1%) Spain Europe Market Purchase Spain Europe Electric Domestic
Olympus Capital Holdings Asia;
202 58 15-Jul-09 Zhaoheng Hydropower Holdings Ltd (Minority%) China Asia-Pacific Zhaoheng International Ltd - -
Foresta Private Equity II, S.C.R., S.A, Talayuela And
203 57 01-Feb-09 Noblejas Solar Plants Spain Europe Impax Asset Management Group plc (AIM:IPX) - -
Center & Privolzhye Interregional Distribution Grid Co
204 57 28-Apr-09 OAO (16.82%) Russian Federation FSU Jamica Ltd Russian Federation FSU Electric Domestic
205 56 09-Sep-09 Clenergen Corporation Ltd UK Europe Clenergen Corp - -
206 56 21-Jan-09 Alhama Solar, S.L Spain Europe Fotowatio S.L - -
207 55 21-Oct-09 Kallpa Generacion SA (25.1%) Peru South America Quimpac Corp SAC Peru South America Electric Domestic
208 54 12-May-09 Power Station (7 MW Solar Plant in Malagon) Spain Europe AES Corp - -

Page 4 of 15
PricewaterhouseCoopers: Power Deals* 2009 Annual Review - Mergers and acquisitions activity within the global electricity and gas market - all published transactions

Power deals includes analysis of all global cross-border and domestic electricity, gas and renewable energy deal activity. It is the latest in our Power Deals annual series. This year, we have expanded the range of data sources to provide the fullest possible account of deal-making for renewable power
assets. The analysis is based on published transactions from the Dealogic ‘M&A Global database’ for all electricity and gas deals. For renewables deals, we have supplemented this with analysis on published transactions from a variety of databases (John S Herold; Mergermarket; Capital IQ; Thomson as
well as Dealogic). This enables consistency with our companion Renewables Deals publication which looks specifically at renewable energy M&A. Analysis encompasses announced deals, including those pending financial and legal closure, and those which are completed. Deal values are the consideration
value announced or reported including any assumption of debt and liabilities. We have considered Asia Pacific as a region including Australasia, except where otherwise explicitly stated. All presented numbers of deals are inclusive of those deals with no reported value.

Value of Target Name Target Nationality Target Location Acquirer name Acquirer Nationality Acquirer Location Sector Type
transaction
(US$m)
No. Date announced
209 53 02-Apr-09 Panva LPG Investment Holdings Ltd China Asia-Pacific Top Diligent Ltd Hong Kong Asia-Pacific Gas Cross-border
210 53 23-Dec-09 Adhunik Power & Natural Resources Ltd (Stake%) India Asia-Pacific Infrastructure Development Finance Co Ltd - IDFC India Asia-Pacific Electric Domestic
Roskilde Forsyning (Electricity Supply Division,
211 53 27-May-09 Roskilde Elforsyning) Denmark Europe SEAS-NVE Denmark Europe Electric Domestic
212 53 24-Jul-09 Berkshire Wind Power Project United States North America Berkshire Wind Power Cooperative Corporation - -
213 52 22-Dec-09 Reti Trasmissione Energia Elettrica ASM Srl Italy Europe TERNA - Rete Elettrica Nazionale SpA Italy Europe Electric Domestic
214 52 08-Sep-09 Top Steed Ltd (25.06%) China Asia-Pacific China Resources Gas Group Ltd China Asia-Pacific Gas Domestic
Golden Valley Electric Association;
215 50 15-Jan-09 Manufacturing plant (Healy coal plant ) United States North America Homer Electric Association Inc United States North America Electric Domestic
216 50 25-Mar-09 Fjellkraft AS (76.70% stake) Norway Europe Nordkraft AS - -
Al Dur Independent Water and Power Production
217 50 16-Sep-09 Project Bahrain Middle East First Energy Bank - -
218 50 01-Dec-09 Suntrough Energy, Inc. United States North America Bergamo Acquisition Corp. (OTCPK:BGMO) - -
219 49 02-Feb-09 Youil Ensys Ltd South Korea Asia-Pacific EG Semicon Co Ltd - -
220 48 27-Apr-09 Fujian Anran Gas Investment Co Ltd (49%) China Asia-Pacific China Gas Holdings Ltd Hong Kong Asia-Pacific Gas Cross-border
221 46 08-Sep-09 Arise Windpower AB (Stake%) Sweden Europe 1-3 AP Fonden - -
222 46 16-Apr-09 Power Station (35%) China Asia-Pacific Electricite de France SA - EDF France Europe Electric Cross-border
223 46 22-May-09 Three Solar Parks in Cataluña Spain Europe Hannover Leasing GmbH & Co. KG - -
224 46 18-Apr-09 Tongling Wanneng Power Co Ltd (25.54%) China Asia-Pacific Huainan Mining Group Co Ltd China Asia-Pacific Electric Domestic
225 46 28-Sep-09 Greenko Group plc (Stake%) India Asia-Pacific Global Environment Fund United States North America Electric Cross-border
Shanxi Zhong Kai Group Lingshi Heat & Power Co Ltd
226 45 23-Nov-09 (60%) China Asia-Pacific Xian Yuen Titanium Resources Holdings Ltd Hong Kong Asia-Pacific Electric Cross-border
227 45 25-Mar-09 Vestas Wind Systems A/S, Wind Turbine Plant UK Europe Welcon A/S - -
228 45 13-Aug-09 Uskmouth Power Co Ltd United Kingdom Europe Scottish & Southern Energy plc United Kingdom Europe Electric Domestic
Power Station (Five Hydroelectric Power stations and
229 44 31-Mar-09 Two Wind Power Stations) Japan Asia-Pacific Hokuriku Electric Power Co Inc - -
230 44 24-Mar-09 Avantha Power & Infrastructure Ltd (41%) India Asia-Pacific Crompton Greaves Ltd India Asia-Pacific Electric Domestic
231 44 30-Mar-09 Power Station (NewGen Kwinana Power Station) Australia Australasia Sumitomo Corp Japan Asia-Pacific Electric Cross-border
232 42 26-May-09 Lulea Energi AB (30%) Sweden Europe Lulea kommun Sweden Europe Electric Domestic
Nanyang Tianyi Electricity Co Ltd (100% / 55%);
233 41 07-Apr-09 Nanyang Yahekou Power Generation Co Ltd China Asia-Pacific Henan Yuneng Holdings Co Ltd China Asia-Pacific Electric Domestic
234 41 07-Oct-09 Voltalia (33.69%) France Europe Private Investor (Meulliez family) France Europe Electric Domestic
Empresa Distribuidora Electrica Regional SA -
235 41 23-Sep-09 EMDERSA (25.6%) Argentina South America AEI Utilities SL Spain Europe Electric Cross-border
236 41 07-Oct-09 Voltalia SA (49.00% stake) France Europe Groupe Mulliez - -
Econcern BV (Part of Ecofys, Evelop and Biomass
237 41 15-Jun-09 business) Netherlands Europe Eneco Holding NV - -
238 41 10-Aug-09 Gemeng International Energy Group (3%) China Asia-Pacific Chugoku Electric Power Co Inc Japan Asia-Pacific Electric Cross-border
239 41 29-Oct-09 Kaifeng Jingyuan Power Generating Co Ltd (43%) China Asia-Pacific China Power Investment Corp China Asia-Pacific Electric Domestic
Energisa Borborema (Remaining%);
Energisa Nova Friburgo;
Sociedade Anonima de Eletrificacao da Paraiba SA -
240 41 17-Aug-09 SAELPA Brazil South America Energisa SA Brazil South America Electric Domestic
241 39 12-May-09 TGC-1 OAO (5.56%) Russian Federation FSU Undisclosed Acquiror Russian Federation FSU Electric Domestic
242 39 09-Jan-09 Wuhan Tongbao Gas Development Co Ltd (51%) China Asia-Pacific China Resources Gas Group Ltd Hong Kong Asia-Pacific Gas Cross-border
243 39 17-Apr-09 Quang Ninh Power Joint Stock Co (15%) Vietnam Asia-Pacific Pha Lai Thermal Power Joint Stock Co Vietnam Asia-Pacific Electric Domestic
244 38 11-Aug-09 KOM-Strom AG (83.57%) Germany Europe Dong Energy A/S Denmark Europe Electric Cross-border
245 38 24-Apr-09 Energosbyt Rushydro OAO (42.56%) Russian Federation FSU RusHydro OAO Russian Federation FSU Electric Domestic
246 38 02-Jun-09 Institutional Investors; Kinmac Solar Corp China Asia-Pacific Solargiga Energy Holdings Ltd - -
247 38 03-Mar-09 SND Energy Ltd Canada North America Boyuan Construction Group Inc China Asia-Pacific Electric Cross-border
248 38 17-Apr-09 Quang Ninh Thermal Power Co. Ltd. Vietnam Asia-Pacific Pha Lai Thermal Power JSC (HOSE:PPC) - -
249 38 31-Aug-09 Power Station (450MW Braemar 2 Power Station) Australia Australasia Arrow Energy Ltd (Australia) Australia Australasia Electric Domestic
250 38 07-Sep-09 Guodian Taizhou Power Generation Co Ltd (10%) China Asia-Pacific Jiangsu Chunlan Refrigerating Equipment Stock Co Ltd China Asia-Pacific Electric Domestic
251 37 14-May-09 Changde Huayou Gas Co Ltd (48.33%) China Asia-Pacific China National Petroleum Corp - CNPC China Asia-Pacific Gas Domestic
252 37 03-Mar-09 Sichuan Huachuan Gas Co Ltd China Asia-Pacific Towngas China Co Ltd China Asia-Pacific Gas Domestic
Center & Privolzhye Interregional Distribution Grid Co
253 37 06-May-09 OAO (10.7805%) Russian Federation FSU Market Purchase Russian Federation FSU Electric Domestic
254 37 18-Jun-09 China Power Dafeng Wind Power Company Limited China Asia-Pacific Oxford Vantage Limited - -
Yunnan Mile Leidatan Hydroelectric Power Co Ltd
255 37 25-Jun-09 (55%) China Asia-Pacific Jiangsu Chengxing Phosph-Chemicals Co Ltd - -
256 35 05-Jan-09 Xinjiang Xinjie Co Ltd (71.8095%) China Asia-Pacific CNPC (Hong Kong) Ltd Hong Kong Asia-Pacific Gas Cross-border
257 34 03-Jun-09 Fortum Oyj (Heat and power plant in Kokkola/ Finland) Finland Europe Kokkola Finland Europe Electric Domestic
258 34 20-Oct-09 Energy Holding OOO (80%) Russian Federation FSU Peterburg Energy Retail OAO Russian Federation FSU Electric Domestic
259 34 30-Oct-09 Sichuan Mingxing Electric Power Co Ltd (9.833%) China Asia-Pacific State Grid Corp of China China Asia-Pacific Electric Domestic
260 33 16-Dec-09 Borkum Riffgrund I and II Germany Europe DONG Energy AS - -
261 33 05-Jan-09 Frederiksberg Forsyning A/S Denmark Europe Frederiksberg Denmark Europe Gas Domestic
262 33 04-Feb-09 Pozohondo solar farm Spain Europe Alten Energias Renovables - -
263 33 08-Jun-09 Novosibirskenergo OAO (8.08%) Russian Federation FSU Gardendale Investments Ltd Russian Federation FSU Electric Domestic
264 33 08-Jun-09 Novosibirskenergo OAO (8.08%) Russia FSU Gardendale Investments Ltd - -
Xingshan County Hydropower Specialty Company,
265 33 09-Jul-09 Gudongkou Hydropower Station China Asia-Pacific Hubei Xingfa Chemicals Group Co. Ltd. (SHSE:600141) - -
Power Station (Operating assets of Gudongkou
266 33 10-Jul-09 Hydroelectric Plant) China Asia-Pacific Hubei Xingfa Chemicals Group Co Ltd China Asia-Pacific Electric Domestic
Taiyuan Coal Gasification (Group) Co Ltd (Coal power
267 32 16-Feb-09 plant and power distribution assets) China Asia-Pacific Taiyuan Coal Gasification Co Ltd China Asia-Pacific Electric Domestic
268 32 19-Aug-09 Sichuan Chuanhui Hydroelectric Investment Co Ltd China Asia-Pacific Guangxi Guiguan Electric Power Co Ltd - -
269 32 10-Jul-09 Dafeng Sunshine Thermal Power Co Ltd China Asia-Pacific Jiangsu Sunshine Co Ltd China Asia-Pacific Electric Domestic
270 31 27-Oct-09 Zero Emission People, LLC United States North America Wind Works Power Corp. (OTCBB:WWPW) - -
271 31 22-May-09 Pasubio Servizi SrL Italy Europe Ascopiave SpA Italy Europe Gas Domestic

Page 5 of 15
PricewaterhouseCoopers: Power Deals* 2009 Annual Review - Mergers and acquisitions activity within the global electricity and gas market - all published transactions

Power deals includes analysis of all global cross-border and domestic electricity, gas and renewable energy deal activity. It is the latest in our Power Deals annual series. This year, we have expanded the range of data sources to provide the fullest possible account of deal-making for renewable power
assets. The analysis is based on published transactions from the Dealogic ‘M&A Global database’ for all electricity and gas deals. For renewables deals, we have supplemented this with analysis on published transactions from a variety of databases (John S Herold; Mergermarket; Capital IQ; Thomson as
well as Dealogic). This enables consistency with our companion Renewables Deals publication which looks specifically at renewable energy M&A. Analysis encompasses announced deals, including those pending financial and legal closure, and those which are completed. Deal values are the consideration
value announced or reported including any assumption of debt and liabilities. We have considered Asia Pacific as a region including Australasia, except where otherwise explicitly stated. All presented numbers of deals are inclusive of those deals with no reported value.

Value of Target Name Target Nationality Target Location Acquirer name Acquirer Nationality Acquirer Location Sector Type
transaction
(US$m)
No. Date announced
272 31 28-Jan-09 Helix Wind Inc United States North America Clearview Acquisitions Inc - -
273 31 12-Feb-09 Sangam Power Generation Co Ltd India Asia-Pacific Jaiprakash Associates Ltd India Asia-Pacific Electric Domestic
Guangdong Yudean Jinghai Power Generation Co Ltd
274 30 20-Oct-09 (9.78%) China Asia-Pacific Guangdong Investment Ltd Hong Kong Asia-Pacific Electric Cross-border
275 30 24-Dec-09 Yunnan Nujiang Electric Network Co Ltd (39%) China Asia-Pacific Yunnan Nujiang Electric Network Co Ltd China Asia-Pacific Electric Domestic
276 30 23-Dec-09 Power Station (Westinghouse 701 DU Turbine ) United States North America Undisclosed Acquiror United States North America Electric Domestic
277 30 17-Feb-09 Invenergy Wind LLC (Stake%) United States North America Leaf Clean Energy Co - -
278 30 03-Mar-09 eSolar Inc United States North America ACME Group - -
279 30 10-Nov-09 Electrawinds NV/SA Belgium Europe FP Investeringsmaatschappij - -
280 29 16-Jul-09 Undisclosed Brazil South America Stratus Group; Franklin/Templeton Funds - -
281 29 02-Sep-09 HS Orka hf (32.32%) Iceland Europe Magma Energy Corp - -
282 29 18-Aug-09 Atlantic Power Corp (Mid-Georgia Project) United States North America Sumitomo Corp Japan Asia-Pacific Electric Cross-border
283 29 18-Aug-09 Northstar Generation (Mid-Georgia Project) United States North America Sumitomo Corp Japan Asia-Pacific Electric Cross-border
284 29 14-May-09 Chernigivoblenergo VAT (25%) Ukraine Europe On-line Capital Ukraine Europe Electric Domestic
285 29 07-Apr-09 Rostovoblgaz OAO (26.6%) Russian Federation FSU Rosneftegaz OAO Russian Federation FSU Gas Domestic
286 28 04-May-09 TGC-14 OAO (27.69%) Russian Federation FSU Russian Railways OAO Russian Federation FSU Electric Domestic
Louis Dreyfus & Cie SA;
287 28 02-Jul-09 Direct Energie Neoen SAS (Minority%) France Europe Credit Agricole Private Equity SA - CAPE France Europe Electric Domestic
288 28 10-Jun-09 Aguaytia Energy LLC Peru South America Duke Energy Corp United States North America Gas Cross-border
289 28 02-Mar-09 Prayagraj Power Generation Co Ltd India Asia-Pacific Jaiprakash Associates Ltd India Asia-Pacific Electric Domestic
290 27 14-Oct-09 Shear Wind Inc (61.79%) Canada North America Inveravante Inversiones Universales, SL Spain Europe Electric Cross-border
291 26 24-Jun-09 TGC-14 OAO (23.09%) Russian Federation FSU Russian Railways OAO Russian Federation FSU Electric Domestic
292 26 27-Aug-09 Yantai Dongyuan Wind Power Group Co Ltd China Asia-Pacific Guangxi Guiguan Electric Power Co Ltd - -
293 26 14-Oct-09 Shear Wind Inc Canada North America Genera Avante Hldg Canada Inc - -
Guangdong Yudean Jinghai Power Generation Co Ltd
294 26 13-Mar-09 (10%) China Asia-Pacific Guangdong Electric Power Development Co Ltd China Asia-Pacific Electric Domestic
295 25 27-Apr-09 Gevo Inc (undisclosed stake) United States North America Total SA - -
296 25 03-Jul-09 Bioeton Kyritz GmbH (60.00% stake) Germany Europe Bioeton SA - -
297 25 18-Sep-09 Cia Energetica de Minas Gerais (BOVESPA:CMIG4) Brazil South America Andrade Gutierrez Concessoes S.A - -
298 25 09-Apr-09 TGK-6 OAO (15%) Russian Federation FSU Market Purchase Russian Federation FSU Electric Domestic
299 25 29-Apr-09 LvivOblEnerho JSC (26.98%) Ukraine Europe TEKT Trade OOO Ukraine Europe Electric Domestic
300 24 19-Nov-09 Xuzhou Huaxing Investment Co Ltd (18.04%) China Asia-Pacific China Resources Power Holdings Co Ltd China Asia-Pacific Electric Domestic
301 24 30-Nov-09 Panjin Liaohe Futeng Thermal Power Co Ltd (48.86%) China Asia-Pacific Liaoning Huajin Tongda Chemicals Co Ltd China Asia-Pacific Electric Domestic
Manzhou Lishen Energy Dalaihu Thermal Electricity
302 24 05-Mar-09 Co Ltd (47.815%) China Asia-Pacific China Huaneng Group China Asia-Pacific Electric Domestic
303 23 30-Apr-09 Yeosu Cogeneration Corp (51%) South Korea Asia-Pacific Gunjang Cogeneration Corp South Korea Asia-Pacific Electric Domestic
304 23 25-Nov-09 Schneider Power Inc Canada North America Quantum Fuel Systems Technologies Worldwide Inc United States North America Electric Cross-border
305 23 05-Oct-09 9.2 MW new wind power project France Europe Boralex Inc - -
Public Service Resources Corp (single-cycle,
306 23 02-Feb-09 combustion-turbine generators ) United States North America Puget Energy Inc United States North America Electric Domestic
EarthFirst Canada Inc (300-Megawatt Dokie Ridge
307 22 01-Jun-09 Wind Project in Canada) Canada North America GE Energy Financial Services Inc - -
308 22 23-Apr-09 Algonquin Power Income Fund (9.90583%) Canada North America Emera Inc - -
NewPage Wisconsin Systems Inc., Little Quinnesec
309 22 28-Feb-09 Hydroelectric Facility United States North America Northbrook Energy, LLC - -
Companhia Mineira De Acucar E Alcool Participacoes
310 22 27-Mar-09 (Stake%) Brazil South America ZAM Venture Capital LP United States North America Electric Cross-border
China Petroleum Pipeline Urban Gas Investments Co
Ltd (and relevant assets held by China Huayou Group
Corp);
Zhuozhou Huayou Gas Ltd;
Zhoucheng Huayou Gas Co Ltd;
Bazhou Huayou Gas Co Ltd;
Hunan Huayou Natural Gas Transportation &
Distribution Co Ltd;
Yongqing Huayou Gas Co Ltd;
Changde Huayou Gas Co Ltd;
311 21 18-May-09 Hainan Huayou Ganghua Gas Co Ltd China Asia-Pacific PetroChina Co Ltd China Asia-Pacific Gas Domestic
312 21 26-Jun-09 Entek Elektrik Uretimi AS (13.33%) Turkey Europe Aygaz AS Turkey Europe Electric Domestic
Jiangsu Sunshine Yunting Heat & Electricity Co Ltd
313 21 12-Jun-09 (75%) China Asia-Pacific Jiangsu Sunshine Co Ltd China Asia-Pacific Electric Domestic
Electricity Generating pcl - EGCO (50% / 10%);
314 20 17-Dec-09 Power Generation Services Co Ltd (60%) Thailand Asia-Pacific Banpu pcl Thailand Asia-Pacific Electric Domestic
315 20 13-Jan-09 Ze-gen (Stake%) United States North America Investor Group United States North America Electric Domestic
NGEN Partners;
MEMC Electronic Materials Inc;
Draper Fisher Jurvetson;
316 20 18-Dec-09 Tioga Energy (Stake%) United States North America Nth Power United States North America Electric Domestic
317 20 15-May-09 Windfarm Märkisch- Linden GmbH & Co. KG Germany Europe SWB AG - -
318 20 17-Sep-09 Beijing Jingfeng Gas Power Co Ltd (30%) China Asia-Pacific Beijing Energy Investment Holdings Co Ltd China Asia-Pacific Electric Domestic
Xinjiang Hetian County Hydroelectric Co Ltd (49%);
Xinjiang Changyuan Water Industry Group Yili Local
Power Co Ltd;
Xinjiang Fuyun County Changyunxiakou Hydroelectric
319 20 22-May-09 Development Co Ltd China Asia-Pacific Qianjiang Water Resources Development Co Ltd China Asia-Pacific Electric Domestic

Page 6 of 15
PricewaterhouseCoopers: Power Deals* 2009 Annual Review - Mergers and acquisitions activity within the global electricity and gas market - all published transactions

Power deals includes analysis of all global cross-border and domestic electricity, gas and renewable energy deal activity. It is the latest in our Power Deals annual series. This year, we have expanded the range of data sources to provide the fullest possible account of deal-making for renewable power
assets. The analysis is based on published transactions from the Dealogic ‘M&A Global database’ for all electricity and gas deals. For renewables deals, we have supplemented this with analysis on published transactions from a variety of databases (John S Herold; Mergermarket; Capital IQ; Thomson as
well as Dealogic). This enables consistency with our companion Renewables Deals publication which looks specifically at renewable energy M&A. Analysis encompasses announced deals, including those pending financial and legal closure, and those which are completed. Deal values are the consideration
value announced or reported including any assumption of debt and liabilities. We have considered Asia Pacific as a region including Australasia, except where otherwise explicitly stated. All presented numbers of deals are inclusive of those deals with no reported value.

Value of Target Name Target Nationality Target Location Acquirer name Acquirer Nationality Acquirer Location Sector Type
transaction
(US$m)
No. Date announced
Xinjiang Hetian County Hydroelectric Co Ltd (49%);
Xinjiang Changyuan Water Industry Group Yili Local
Power Co Ltd;
Xinjiang Fuyun County Changyunxiakou Hydroelectric
320 20 09-Jun-09 Development Co Ltd China Asia-Pacific Qianjiang Water Resources Development Co Ltd - -
321 20 26-Feb-09 Fotowatio Renewable Ventures, Inc. United States North America Fotowatio SL - -
322 19 06-May-09 Guangxi Beiliu Gas Co Ltd (97.5%) China Asia-Pacific China Leason Investment Group Co Ltd China Asia-Pacific Gas Domestic
North-West Interregional Distribution Grid Co OAO
323 19 15-Jun-09 (6.192%) Russian Federation FSU Bank of New York Mellon Corp United States North America Electric Cross-border
324 19 03-Nov-09 OPC LLC United States North America Ormat Technologies Inc United States North America Electric Domestic
325 19 03-Nov-09 OPC LLC United States North America Ormat Nevada Inc - -
326 18 27-Jan-09 TGK-13 OAO (14.94%) Russian Federation FSU Siberian Coal Energy Co OAO - SUEK Russian Federation FSU Electric Domestic
327 18 26-Nov-09 Municipality of Hoor (Power Grid in Hoor, Sweden) Sweden Europe Lunds Energi AB Sweden Europe Electric Domestic
Accel Partners Ltd;
328 18 28-Jul-09 SunRun Inc (Stake%) United States North America Foundation Capital LLC United States North America Electric Domestic
329 18 20-Feb-09 Beacon Power Corp (Stake%) United States North America Seaside 88 LP United States North America Electric Domestic
Energias Renováveis S.A., Seven Windfarms in
330 18 28-Sep-09 Northeastern Rio Grande do Norte Brazil South America CPFL Geracao de Energia S/A - -
Guangzhou China Resources Thermal Power Co Ltd
331 17 23-Nov-09 (30%) China Asia-Pacific China Resources Power Holdings Co Ltd China Asia-Pacific Electric Domestic
332 17 21-May-09 Wuxi Jiacheng Solar Energy Technology Co China Asia-Pacific ReneSola Ltd - -
333 17 24-Jul-09 Shandong Huaju Energy Co Ltd (14.21%) China Asia-Pacific Yanzhou Coal Mining Co Ltd China Asia-Pacific Electric Domestic
Babcock & Brown International Pty Ltd (Wind energy
334 17 21-Jul-09 assets) Australia Australasia Babcock & Brown Wind Partners Ltd - BBWPL - -
Power Station (PB117 diesel plant, Nasipit, Agusan del
335 16 31-Jul-09 Norte) Palestinian Territory, Occupie Middle East Aboitiz Power Corp Philippines Asia-Pacific Electric Cross-border
Infrastructure Development Finance Co Ltd - IDFC (16.62% /
16.62% / 16.62%);
Unit Trust of India;
336 16 15-Apr-09 Sabarmati Gas Ltd (49.86%) India Asia-Pacific Industrial Finance Corp of India Ltd - IFCI India Asia-Pacific Gas Domestic
337 16 07-May-09 Tula Distribution Co OAO (50.54%) Russian Federation FSU Foundation Heat & Power Inc Russian Federation FSU Electric Domestic
338 15 25-Jun-09 United Power Corp SAOG (UPC) (32.81%) Oman Middle East MENA Infrastructure Fund United Arab Emirates Middle East Electric Cross-border
339 15 06-Mar-09 Haven Power Ltd United Kingdom Europe Drax Group plc United Kingdom Europe Electric Domestic
340 15 31-Mar-09 Huaneng Qidong Wind Power China Asia-Pacific Huaneng Power Intl Inc - -
341 15 28-Aug-09 The Arava Power Company (40.00% stake) Israel Middle East Siemens Project Ventures GmbH - -
Hofisa Corporacion Inmobiliaria, SL; Inbisa Grupo
342 15 20-Apr-09 Grupo Enerpal (50.00% stake) Spain Europe Empresarial Sociedad Limitada, SL - -
343 15 11-Sep-09 Ecostream Italy Srl Italy Europe Atlantis Capital fund - -
344 15 13-May-09 SeaTech Energy Inc. United States North America FutureWorld Energy, Inc. (OTCPK:FWDG) - -
Zespol Elektrocieplowni Wroclawskich Kogeneracja SA
345 15 31-Jul-09 (3.68%) Poland Europe Market Purchase Poland Europe Electric Domestic
Wujiang Luzhou Environmental Protection
346 15 12-Nov-09 Thermoelectricity Co Ltd China Asia-Pacific Wujiang City Investment Development Co Ltd China Asia-Pacific Electric Domestic
347 15 26-Feb-09 SDIC Xuancheng Power Co Ltd (24%) China Asia-Pacific SDIC Xinji Energy Co Ltd China Asia-Pacific Electric Domestic
348 14 07-Sep-09 Enerqos SpA (Stake%) Italy Europe Climate Change Capital Private Equity Ltd - -
349 14 10-Nov-09 Mudanjiang Datong Gas Co Ltd China Asia-Pacific China Gas Holdings Ltd Hong Kong Asia-Pacific Gas Cross-border
Flagship Ventures;
Agman Partners;
GE Energy Financial Services Inc;
Atlas Venture;
Rockport Capital Partners;
350 14 04-Aug-09 Advanced Electron Beams (Stake%) United States North America General Catalyst Partners United States North America Electric Domestic
351 14 19-Oct-09 Pingle Guijiang Electric Co Ltd (17.5%) China Asia-Pacific Guangxi Guidong Electric Power Co Ltd China Asia-Pacific Electric Domestic
352 14 Pingle Guijiang Electric Co Ltd (17.5%) China Asia-Pacific Guangxi Guidong Electric Power Co Ltd - -
353 14 31-May-09 Solarfi SAS (Stake%) France Europe Samfi Invest France Europe Electric Domestic
Centrales Electricas del Norte de Santander SA ESP
354 14 18-Jul-09 (12.54%) Colombia South America Empresas Publicas de Medellin Colombia South America Electric Domestic
Power Station (PB118 diesel plant, Maco, Compostela
355 14 31-Jul-09 Valley) Palestinian Territory, Occupie Middle East Aboitiz Power Corp Philippines Asia-Pacific Electric Cross-border
356 14 08-Dec-09 United States of America (two power turbines) United States North America Electrica de Guayaquil Guatemala South America Electric Cross-border
357 14 19-Oct-09 Zhaoping Guihai Power Co Ltd (31.62%) China Asia-Pacific Guangxi Guidong Electric Power Co Ltd China Asia-Pacific Electric Domestic
Power Sector Assets & Liabilities Management Corp -
PSALM Corp (620MW Limay Combine Cycle Power
358 14 06-May-09 Plant) Philippines Asia-Pacific San Miguel Corp Philippines Asia-Pacific Electric Domestic
Khosla Ventures;
CMEA Ventures;
StatoilHydro Ventures;
359 13 14-Dec-09 Danotek Motion Technologies (Stake%) United States North America GE Energy Financial Services Inc United States North America Electric Domestic
360 13 16-Mar-09 CLP-CWP Wind Power Invest Ltd China Asia-Pacific CLP Power China(Northeast)Ltd - -
Empresa Cochabambina de Gas SAM - Emcogas (gas
361 13 02-Apr-09 distribution business) Bolivia South America Yacimietos Petroliferos Fiscales Bolivianos-YPFB Bolivia South America Gas Domestic
362 13 29-Sep-09 Berenis Solar 5 SL Spain Europe Rooftops of Spain - -
Roskommunenergo OAO (19.97%);
363 12 11-Sep-09 Arkhangelsk Retail Co OAO Russian Federation FSU Vologodskaya Sbytovaya Kompaniya OAO Russian Federation FSU Electric Domestic
364 12 01-Jul-09 Iberoamericana de Energia IBENER SA (5.26%) Chile South America Compania General de Electricidad SA Chile South America Electric Domestic
365 12 13-Nov-09 Solar Utility S.p.A. (50.00% stake) Italy Europe Pirelli & C. Ambiente S.p.A - -
366 12 03-Jun-09 Arco Energy srl Italy Europe Premier Power Renewable Energy, Inc. (OTCBB:PPRW) - -
367 12 04-Aug-09 Beijing Enterprises Ever Source Energy Ltd (6.33%) China Asia-Pacific China Ground Source Energy Ltd China Asia-Pacific Electric Domestic
368 12 22-Jul-09 Guizhou Beiyuan Electricity Co Ltd (40%) China Asia-Pacific China Huadian Corp China Asia-Pacific Electric Domestic

Page 7 of 15
PricewaterhouseCoopers: Power Deals* 2009 Annual Review - Mergers and acquisitions activity within the global electricity and gas market - all published transactions

Power deals includes analysis of all global cross-border and domestic electricity, gas and renewable energy deal activity. It is the latest in our Power Deals annual series. This year, we have expanded the range of data sources to provide the fullest possible account of deal-making for renewable power
assets. The analysis is based on published transactions from the Dealogic ‘M&A Global database’ for all electricity and gas deals. For renewables deals, we have supplemented this with analysis on published transactions from a variety of databases (John S Herold; Mergermarket; Capital IQ; Thomson as
well as Dealogic). This enables consistency with our companion Renewables Deals publication which looks specifically at renewable energy M&A. Analysis encompasses announced deals, including those pending financial and legal closure, and those which are completed. Deal values are the consideration
value announced or reported including any assumption of debt and liabilities. We have considered Asia Pacific as a region including Australasia, except where otherwise explicitly stated. All presented numbers of deals are inclusive of those deals with no reported value.

Value of Target Name Target Nationality Target Location Acquirer name Acquirer Nationality Acquirer Location Sector Type
transaction
(US$m)
No. Date announced
369 12 22-Jul-09 Guizhou Beiyuan Electricity Co Ltd (40%) China Asia-Pacific China Huadian Corp - -
EnerTech Capital Partners;
370 12 14-Apr-09 CoaLogix Inc (Stake%) United States North America Acorn Energy Inc United States North America Electric Domestic
371 11 25-Nov-09 Staffanstorps Energi AB (50%) Sweden Europe Municipality of Staffanstorp Sweden Europe Electric Domestic
372 11 28-Jul-09 Udmurt Energy Retail Co OAO (65.26%) Russian Federation FSU Integrated Energy Systems ZAO - IES Holding Russian Federation FSU Electric Domestic
373 11 12-Jan-09 Alinta EATM Pty Ltd Australia Australasia Aurora Energy Ltd New Zealand Australasia Gas Cross-border
374 11 23-Dec-09 Solar Power Company Limited Thailand Asia-Pacific Steel Intertech Public Company Limited (SET:STEEL-R) - -
375 10 19-Jun-09 Parque Eólico Penha da Gardunha, Lda. Portugal Europe Martifer Renewables SGPS - -
Power Station (Ecociclo II Energia gas turbine
376 10 16-Sep-09 cogeneration facility) Portugal Europe Sonae Capital Portugal Europe Electric Domestic
377 10 24-Jun-09 Eco-Wind Construction SA (31.36%) Poland Europe Grupo Comsa SA - -
378 10 29-May-09 Island Power Holdings Pte Ltd Singapore Asia-Pacific GMR Infrastructure Ltd India Asia-Pacific Electric Cross-border
379 10 25-Nov-09 Zhaoheng Hydropower Ltd. (OTCBB:ZHYL.F) China Asia-Pacific Olympus Capital Asia Mauritius, Ltd.; AEP China Hydro Ltd. - -
380 10 28-Jul-09 Encimadas and Canaveral Hydroelectric Projects Colombia South America Idea - -
381 10 12-Jan-09 Hubei Hongping Power Generation Co., Ltd. China Asia-Pacific Shenzhen Zhaoheng Hydropower Co., Ltd. - -
382 10 12-Oct-09 Gortahile Wind Farm Ireland Europe Abo Wind Aktiengeselischaft - -
China Technology Development Group Corporation
383 10 27-Oct-09 China Technology Solar Power Holdings Limited China Asia-Pacific (NasdaqCM:CTDC) - -
384 10 02-Dec-09 Khakasenergosbyt OAO (40.05%) Russian Federation FSU Vologodskaya Sbytovaya Kompaniya OAO Russian Federation FSU Electric Domestic
385 10 16-Oct-09 ESB Contracts Ltd United Kingdom Europe Scottish & Southern Energy plc United Kingdom Europe Electric Domestic
386 10 07-Sep-09 Nanjing Yulian Natural Gas Filling Co Ltd (70%) China Asia-Pacific Zhongyu Gas Holdings Ltd Hong Kong Asia-Pacific Gas Cross-border
Hunan Hongjiang Yuanshui Anjiang Hydropower Plant
387 9 18-Sep-09 Development Co Ltd (72.79%) China Asia-Pacific Guangdong No.2 Hydropower Engineering Co Ltd - -
388 9 17-Jul-09 Lanco Amarkantak Power Pvt Ltd (9.8%) India Asia-Pacific Lanco Infratech Ltd India Asia-Pacific Electric Domestic
389 9 29-Apr-09 Shandong Gaomi Gaoyuan Thermoelectric Co Ltd China Asia-Pacific Sunvim Group Co Ltd China Asia-Pacific Electric Domestic
390 9 05-Feb-09 KVK Nilachal Power Ltd (25.5%) India Asia-Pacific KVK Energy & Infrastructure Pvt Ltd India Asia-Pacific Electric Domestic
391 9 29-Oct-09 Zhongtian Hechuang Energy Co Ltd (6.18%) China Asia-Pacific Shenergy Co Ltd China Asia-Pacific Electric Domestic
Guangdong Mingyang Wind Power Technology Co Ltd
392 9 28-Oct-09 (Stake%) China Asia-Pacific DT Ventures - -
Usaciga Acucar Alcool e Energia Electrica SA (49.00%
393 9 02-Sep-09 stake) Brazil South America Agrocana Participacoes - -
Elmwood Park Power LLC; RPL Holding Inc (Massena
394 9 30-Jul-09 Power Plant) United States North America Morris Energy Group Development Company LLC - -
395 9 01-Apr-09 Euro Green Energy Fejleszto es Szolgaltato Kft Hungary Europe Raiffeisen Energy Service Ltd - -
396 9 07-May-09 Northeast Biofuels LLC United States North America Sunoco Inc. (NYSE:SUN) - -

397 9 29-Apr-09 Tangshan Sanyou Thermal Electricity Co Ltd (17.12%) China Asia-Pacific Tangshan Sanyou Chemical Industries Co Ltd China Asia-Pacific Electric Domestic
398 9 18-May-09 Chelyabenergosbyt OAO (21.75%) Russian Federation FSU Mountain Engineering Investments Ltd Russian Federation FSU Electric Domestic
399 9 18-May-09 Chelyabenergosbyt OAO (21.75%) Russian Federation FSU Polar Star Resources Ltd Russian Federation FSU Electric Domestic
400 9 18-May-09 Chelyabenergosbyt OAO (21.75%) Russian Federation FSU Valid Assets Ltd Russian Federation FSU Electric Domestic
401 9 03-Mar-09 Donetskoblenergo OAO (9.31%) Ukraine Europe System Capital Management Ltd - SCM Ukraine Europe Electric Domestic
402 8 19-May-09 KES-Multienergetika ZAO Russian Federation FSU Perm Energy Retail Co OAO - Permskaya ESK Russian Federation FSU Electric Domestic
403 8 24-Jan-09 Bionor Transformación, S.A. Spain Europe Cie Automotive Bioenergia SL - -
404 8 25-Jun-09 Mei County Jieyuan Hydropower Co Ltd China Asia-Pacific Mei County Kedou Industry Co Ltd - -

405 8 30-Jul-09 Tangshan Sanyou Thermal Electricity Co Ltd (13.55%) China Asia-Pacific Tangshan Sanyou Chemical Industries Co Ltd China Asia-Pacific Electric Domestic
406 8 17-Feb-09 Undisclosed China Asia-Pacific Suntech Power Holdings Co Ltd - -
407 8 04-Nov-09 RilaGas AD (48%) Bulgaria Europe Acegas-APS SpA Italy Europe Gas Cross-border
408 8 28-May-09 Houay Ho Thai Co Ltd (51%) Laos Asia-Pacific Hemaraj Land & Development pcl - -
409 8 28-May-09 WKN Polska Sp. Z.o.o. Poland Europe DONG Energy AS - -
Beijing Tianyuan Science & Technology Creation Wind
410 7 18-Aug-09 Power Technology Co Ltd (44.44%) China Asia-Pacific Xinjiang Goldwind Science & Technology Co Ltd - -
The Marketplace Company Ltd - M-co (Energy and
411 7 29-Apr-09 related assets) New Zealand Australasia NZX Ltd New Zealand Australasia Electric Domestic
412 7 20-Nov-09 Ridgewood Maine Hydro Partners, L.P. United States North America Kruger Energy, Inc. - -
Fonds Strategique d'Investissement - FSI;
Midi Capital SAS;
413 7 14-Sep-09 Mecamidi SA (Minority%) France Europe CDC Entreprises Capital France Europe Electric Domestic
Transfield Services, Barn Hill Wind Farm Development
414 7 18-Jun-09 Project & Crows Nest Wind Farm Development Site Australia Australasia AGL Energy Limited (ASX:AGK) - -
415 7 31-Aug-09 Elettrostudio Energia Srl (27%) Italy Europe Credit Agricole Private Equity SA - CAPE France Europe Electric Cross-border
416 7 25-Nov-09 Kaluzhskaya Sbytovaya Kompaniya OAO (24.89%) Russian Federation FSU Kaluga City Energy Co OAO Russian Federation FSU Electric Domestic

417 7 09-Mar-09 Fengjie County Kangle Electric Power Co Ltd (22.12%) China Asia-Pacific Fengjie State-owned Assets Operation & Management Co ltd China Asia-Pacific Electric Domestic
Hanshan Wanneng Biomass Power Generation Co Ltd
418 7 12-May-09 (77.5%) China Asia-Pacific A-Power Energy Generation Systems Ltd China Asia-Pacific Electric Domestic
Hanshan Wanneng Biomass Power Generation Co Ltd
419 7 12-May-09 (77.5%) China Asia-Pacific A-Power Energy Generation Systems Ltd - -
420 7 10-Aug-09 Eco Green Solutions LLC Brazil South America Undisclosed - -
Renewable Wind and Wave Energy Projects in India
421 7 13-Aug-09 and Israel India Asia-Pacific Seakinetics Corporation (DB:M90) - -
Shantou Electric Power Development Co Ltd No 1
422 6 17-Jul-09 Thermal Power Plant (49%) China Asia-Pacific Shantou Electric Power Development Co Ltd China Asia-Pacific Electric Domestic
423 6 20-Nov-09 Ridgewood US Hydro Corporation United States North America Kruger Energy, Inc. - -
424 6 22-Jul-09 Caribbean Utilities Co Ltd (2.74%) Cayman Islands North America Fortis Inc Canada North America Electric Cross-border
425 6 13-Feb-09 Energeia Srl Italy Europe Estra Energia Servizi Territorio Ambiente Srl Italy Europe Gas Domestic
426 6 02-Feb-09 Western GeoPower Corp Canada North America Birmingham Ltd - -
427 6 17-Nov-09 Fortune Liulin Gas Co Ltd (26.1%) China Asia-Pacific Fortune Oil plc United Kingdom Europe Gas Cross-border

Page 8 of 15
PricewaterhouseCoopers: Power Deals* 2009 Annual Review - Mergers and acquisitions activity within the global electricity and gas market - all published transactions

Power deals includes analysis of all global cross-border and domestic electricity, gas and renewable energy deal activity. It is the latest in our Power Deals annual series. This year, we have expanded the range of data sources to provide the fullest possible account of deal-making for renewable power
assets. The analysis is based on published transactions from the Dealogic ‘M&A Global database’ for all electricity and gas deals. For renewables deals, we have supplemented this with analysis on published transactions from a variety of databases (John S Herold; Mergermarket; Capital IQ; Thomson as
well as Dealogic). This enables consistency with our companion Renewables Deals publication which looks specifically at renewable energy M&A. Analysis encompasses announced deals, including those pending financial and legal closure, and those which are completed. Deal values are the consideration
value announced or reported including any assumption of debt and liabilities. We have considered Asia Pacific as a region including Australasia, except where otherwise explicitly stated. All presented numbers of deals are inclusive of those deals with no reported value.

Value of Target Name Target Nationality Target Location Acquirer name Acquirer Nationality Acquirer Location Sector Type
transaction
(US$m)
No. Date announced
Siemens Venture Capital Inc;
@Ventures;
ArcelorMittal SA;
428 6 05-May-09 Powerit Solutions (Stake%) United States North America Expansion Capital Partners LLC United States North America Electric Domestic
429 6 20-Mar-09 Malpensa Energia SpA (49%) Italy Europe SEA SpA Italy Europe Electric Domestic
430 6 21-Sep-09 Teleserv SA Brazil South America Acom Comunicacoes SA Brazil South America Electric Domestic
Xianfeng County Jingfeng Hydroelectric Development
431 6 30-Sep-09 Co (51%) China Asia-Pacific Guodian Changyuan Electric Power Co Ltd - -
432 6 17-Sep-09 Beijing Jingfeng Thermal Power Co Ltd (30%) China Asia-Pacific Beijing Energy Investment Holdings Co Ltd China Asia-Pacific Electric Domestic
433 6 12-Feb-09 Telogia Power LLC United States North America Multitrade Telogia LLC - -
434 6 07-Sep-09 Jianghe Long Chuan Electricity Development (5%) China Asia-Pacific China Water Affairs Group Ltd - -
Shenyang Huifeng Bio-energy Development Co Ltd China Boqi Environmental Solutions Technology (Holding) Co
435 6 08-Jun-09 (48%) China Asia-Pacific Ltd - -
436 6 28-Jul-09 Kirovenergosbyt OAO (66.2%) Russian Federation FSU Basly Management Ltd Russian Federation FSU Electric Domestic
437 6 14-Sep-09 Compañía Hidroeléctrica Coca Codo Sinclair S.A. Ecuador South America Termopichincha SA - -
438 5 26-Oct-09 Xinfeng Xinyuan Hydropower Co Ltd (80%) China Asia-Pacific Guangdong No.2 Hydropower Engineering Co Ltd - -
439 5 19-Aug-09 Cleantech America LLC United States North America Meridian Energy Ltd - -
440 5 02-Jun-09 Babcock & Brown Power (10.6347%) Australia Australasia Guinness Peat Group plc United Kingdom Europe Electric Cross-border
441 5 11-Aug-09 etrion SA Switzerland Europe Etrion Corporation (TSX:PFC) - -
442 5 30-Jan-09 Western GeoPower Corp Canada North America Amalgamated Intl Hldg SA - -
BP plc (Solar manufacturing facility at Sydney Olympic
443 5 29-Jun-09 Park) Australia Australasia Silex Systems Ltd - -
444 5 13-May-09 CWIG Diaobingshan Windpower Co China Asia-Pacific Wide Success Intl Enterprise - -
Perm Energy Retail Co OAO - Permskaya ESK
445 5 05-May-09 (15.83%) Russian Federation FSU Inguri Management Ltd Russian Federation FSU Electric Domestic
446 5 09-Sep-09 Western Geopower Corp Canada North America GTO Resources Inc - -
447 5 27-Mar-09 Polaris Geothermal Inc Canada North America Treevil Holdings Inc - -
448 5 03-Jul-09 Shanghai Electric Power & Fuel Co Ltd (40.518%) China Asia-Pacific Shanghai Electric Power Co Ltd China Asia-Pacific Electric Domestic
449 5 11-Jun-09 Kuzbassgazifikatsiya OAO (78.4%) Russian Federation FSU Rosneftegaz OAO Russian Federation FSU Gas Domestic
Turnstone Capital Management LLC;
Iberdrola SA;
450 5 11-Oct-09 Morgan Solar Inc (Stake%) Canada North America Nypro Inc - -
451 5 28-Jul-09 Orisol Corp Energetica SA Spain Europe BP Solar Espana SAU - -
452 5 16-Jan-09 Power Station (Wind generator/ Sweden) Sweden Europe AB Sigtunahem - -
Zero Carbon Wind Energy Corp, USA West Coast
453 5 30-Sep-09 Projects United States North America Pavilion Energy Resources, Inc. (OTCPK:PVRE) - -
454 4 05-Feb-09 Nizhegorodoblgaz OAO (25.54%) Russian Federation FSU Rosneftegaz OAO Russian Federation FSU Gas Domestic
Chongqing Three Gorges Water Conservancy & Electric
455 4 09-Mar-09 Fengjie County Kangle Electric Power Co Ltd (26.89%) China Asia-Pacific Power Co Ltd China Asia-Pacific Electric Domestic
456 4 18-Aug-09 CWIG Xi'an Wind Power Facilities Co Ltd (10%) China Asia-Pacific China Three Gorges Project Corp China Asia-Pacific Electric Domestic
457 4 18-Aug-09 CWIG Xi'an Wind Power Facilities Co Ltd (10%) China Asia-Pacific China Three Gorges Project Corp - -
MMC Energy Inc (General Electric LM2500(r) Turbine
458 4 12-Feb-09 & Certain Related Power Generating Equipment) United States North America Pro Energy Services Inc United States North America Electric Domestic
459 4 11-Mar-09 Landkom International plc (8.4%) Ukraine Europe Hunter Hall Investment Management Ltd - -
460 4 28-Aug-09 Zhenjiang China Resources Gas Co Ltd (6%) China Asia-Pacific China Resources Gas Group Ltd China Asia-Pacific Gas Domestic
461 4 25-Jun-09 Gradient Energy Ltd Australia Australasia Planet Gas Ltd - -
462 4 20-May-09 Miro Radici Energia Srl (48.05%) Italy Europe Kinexia SpA Italy Europe Electric Domestic
463 4 23-Jun-09 Malipo County Runhong Hydropower Co., Ltd. China Asia-Pacific Shenzhen Zhaoheng Hydropower Co., Ltd. - -
Tomskaya Energosbytovaya Co OAO - Tomskaya ESK
464 4 17-Sep-09 (75%) Russian Federation FSU E4 Group OAO Russian Federation FSU Electric Domestic
465 4 16-Jan-09 Stavropolenergostyt OAO (24%) Russian Federation FSU Vozrozhdeniye Bank OAO Russian Federation FSU Electric Domestic
466 4 31-Aug-09 Kazenergoresource TOO (76%) Kazakhstan Asia-Pacific Inter RAO EES OAO Russian Federation FSU Electric Cross-border
467 3 04-May-09 Golden State (Baotou) Renewable Energy Co Ltd China Asia-Pacific Guizhou Liyuan Hydraulic Co Ltd China Asia-Pacific Electric Domestic
468 3 01-Apr-09 Asia Clean Energy Pte Ltd (Stake%) China Asia-Pacific Undisclosed Acquiror - -
469 3 29-Jan-09 Kreido Biofuels Inc United States North America 4Rivers BioEnergy Inc - -
470 3 16-Mar-09 BiEAG Biomasse Energie AG Switzerland Europe CKW - -
Wuhan Shiyuan Thermal Power Co Ltd (Land use
471 3 10-Feb-09 rights, buildings and other infrastructure) China Asia-Pacific ecoWise Holdings Ltd Singapore Asia-Pacific Electric Cross-border
Ganzi Kanding Hualong Hydro Power Investment
472 3 03-Nov-09 Development Co Ltd (46%) China Asia-Pacific Sichuan Mingxing Electric Power Co Ltd - -
Power Station (Wind turbine in the wind farm
473 3 25-May-09 Bliekevare/ Sweden) Sweden Europe Dorotea kommun - -
474 3 04-Mar-09 Astrakhan Energy Retail Co OAO (48.66%) Russian Federation FSU South Generation Co TGC-8 OAO Russian Federation FSU Electric Domestic
475 3 23-Nov-09 Guizhou Qianyuan Yinzidu Power Co Ltd (5%) China Asia-Pacific Guizhou Qianyuan Power Co Ltd China Asia-Pacific Electric Domestic
476 3 16-Apr-09 Rollcast Energy Inc (Stake%) United States North America Atlantic Power Corp - -
477 3 06-Aug-09 Biodiesel Plant In Atascosa County United States North America National Wind Solutions, Inc. (OTCPK:NWND) - -
478 3 26-May-09 Hong Kong Biomass Energy (BVI) Co Ltd (55%) China Asia-Pacific GeneHarbour (Hong Kong) Technologies Ltd - -
479 3 12-Oct-09 Maju Intan Biomass Energy Malaysia Asia-Pacific Colben System Pte Ltd - -
480 3 23-Jun-09 Wenshan Huayi Energy Co., Ltd. China Asia-Pacific Shenzhen Zhaoheng Hydropower Co., Ltd. - -
481 3 05-May-09 Perm Energy Retail Co OAO - Permskaya ESK (9.4%) Russian Federation FSU Private Investor (Andrey Kitashev) Russian Federation FSU Electric Domestic
482 3 06-Aug-09 Gamar GHL Limited Liability Company Poland Europe Renewable Energy Holdings Plc (AIM:REH) - -
483 3 17-Apr-09 Power Station (Bataan Thermal Power Plant) Philippines Asia-Pacific Rubenori Inc Philippines Asia-Pacific Electric Domestic
484 3 17-Mar-09 Elebras Projects Ltda. Brazil South America EDP Renovaveis Brasil SA - -
485 3 21-Aug-09 GEI Power Ltd (82.17%) India Asia-Pacific GEI Industrial Systems Ltd India Asia-Pacific Electric Domestic
486 3 14-Dec-09 Energosbyt OAO Russian Federation FSU Ivanovskaya Energy Retail Co OAO Russian Federation FSU Electric Domestic
487 3 08-Jan-09 Western Geopower Corp (8.21%) Canada North America Rule Family Trust - -
488 3 10-Apr-09 Jingrong Industrial Development Co., Ltd. China Asia-Pacific Shenzhen Zhaoheng Hydropower Co., Ltd. - -
489 3 02-Jun-09 EnerG2 (Stake%) United States North America Investors United States North America Electric Domestic
490 2 07-May-09 Eco-Energy China Group China Asia-Pacific Cathay Forest Products Corp. (TSXV:CFZ) - -

Page 9 of 15
PricewaterhouseCoopers: Power Deals* 2009 Annual Review - Mergers and acquisitions activity within the global electricity and gas market - all published transactions

Power deals includes analysis of all global cross-border and domestic electricity, gas and renewable energy deal activity. It is the latest in our Power Deals annual series. This year, we have expanded the range of data sources to provide the fullest possible account of deal-making for renewable power
assets. The analysis is based on published transactions from the Dealogic ‘M&A Global database’ for all electricity and gas deals. For renewables deals, we have supplemented this with analysis on published transactions from a variety of databases (John S Herold; Mergermarket; Capital IQ; Thomson as
well as Dealogic). This enables consistency with our companion Renewables Deals publication which looks specifically at renewable energy M&A. Analysis encompasses announced deals, including those pending financial and legal closure, and those which are completed. Deal values are the consideration
value announced or reported including any assumption of debt and liabilities. We have considered Asia Pacific as a region including Australasia, except where otherwise explicitly stated. All presented numbers of deals are inclusive of those deals with no reported value.

Value of Target Name Target Nationality Target Location Acquirer name Acquirer Nationality Acquirer Location Sector Type
transaction
(US$m)
No. Date announced
491 2 21-Dec-09 Zhanhua Jiutai Gas Co Ltd China Asia-Pacific China New Energy Group Co China Asia-Pacific Gas Domestic
492 2 17-Jul-09 Homeland Energy Group Ltd (5.21%) Canada North America GMR Holdings Pvt Ltd India Asia-Pacific Electric Cross-border
Shenhua Guohua (Beijing) Electricity Institute Co Ltd
493 2 31-Jul-09 (16%) China Asia-Pacific China Shenhua Energy Co Ltd China Asia-Pacific Electric Domestic
Chongqing Three Gorges Water Conservancy & Electric
494 2 09-Mar-09 Fengjie County Kangle Electric Power Co Ltd (14.98%) China Asia-Pacific Power Co Ltd China Asia-Pacific Electric Domestic
495 2 02-Oct-09 Geotherm OAO (8.2311%) Russian Federation FSU RusHydro OAO Russian Federation FSU Electric Domestic
496 2 02-Jun-09 Hybridine Pwer Systems Canada Inc Canada North America Atlantic Wind & Solar Inc - -
497 2 09-Oct-09 Ninh Binh Thermal Power JSC (7.77303%) Vietnam Asia-Pacific SSI Asset Management Co Vietnam Asia-Pacific Electric Domestic
Mossblown Ltd (23.7%/23.7%/23.7%);
Novgorod Energy Retail Co OAO - Novgorodskaya Colmonell Enterprises Ltd;
498 2 17-Aug-09 ESK (71.7%) Russian Federation FSU Tarbolton Holdings Ltd Russian Federation FSU Electric Domestic
Kingiseppskaya Gorodskaya Elektricheskaya Set -
499 2 22-May-09 KGES OAO (74.9986%) Russian Federation FSU City Broker OOO Russian Federation FSU Electric Domestic
500 2 17-Nov-09 Asia Power (Leibo) Hydroelectricity Co. Ltd. China Asia-Pacific - - -
501 2 12-Oct-09 IPSA Group plc (5.263%) South Africa Africa Independent Power Corp plc United Kingdom Europe Electric Cross-border
502 2 08-May-09 Energosbyt Rostovenergo OAO (20.89%) Russian Federation FSU Prasino Enterprises Ltd Russian Federation FSU Electric Domestic
503 2 26-May-09 Kozep-Europai Gazterminal Nyrt - KEG (9.25%) Hungary Europe Market Purchase Hungary Europe Gas Domestic
504 2 19-Oct-09 Skyway 126 Wind Energy Inc. Canada North America Wind Works Power Corp. (OTCBB:WWPW) - -
Novera Energy Plc, East London Sustainable Energy
505 2 16-Apr-09 Facility UK Europe Biossence Ltd. - -
506 2 07-Jan-09 Qinhuangdao Chensheng Gas Co Ltd (51%) China Asia-Pacific China New Energy Group Co China Asia-Pacific Gas Domestic
507 2 04-Dec-09 Homeland Energy Group Ltd (9.1%) Canada North America GMR Energy Ltd India Asia-Pacific Electric Cross-border
508 2 05-Mar-09 Park Wiatrowy Tychowo Sp z oo Poland Europe RWE AG - -
509 2 21-Oct-09 Country Energy(Pvt)Ltd Sri Lanka Asia-Pacific Vallibel Power Erathna PLC - -
510 2 10-Feb-09 Nizhegorodskaya Sbytovaya Co OAO (14.87%) Russian Federation FSU Businessaliens ZAO Russian Federation FSU Electric Domestic
511 2 12-Oct-09 Enlight Renewable Energy Ltd Israel Middle East Sahar Investments Ltd. (TASE:SAIN-L) - -
512 2 23-Feb-09 Acro Electric Inc Canada North America Lonestar Capital Corp - -
513 2 22-Jul-09 Guizhou Xiyuan Power Co Ltd (21%) China Asia-Pacific China Huadian Corp China Asia-Pacific Electric Domestic
514 2 30-Jun-09 Samaraenergo OAO (12.24%) Russian Federation FSU Telefunds Investments Ltd Russian Federation FSU Electric Domestic
515 2 17-Aug-09 Energy Efficiency Solar Inc United States North America Acro Energy Technologies Corp Canada North America Electric Cross-border
Renewable Power & Light plc, Mothballed Biodiesel
516 2 18-Nov-09 Facility UK Europe - - -
517 1 05-Aug-09 Asia Power (Leibo) Hydroelectricity Co. Ltd. China Asia-Pacific Asia Hydro Power Investment Pte Ltd. - -
Chongqing Mingyu Power Transmission &
518 1 31-Dec-09 Transformation Co China Asia-Pacific Chongqing Fuling Electric Power Industrial Co Ltd China Asia-Pacific Electric Domestic
519 1 25-Feb-09 Zhejiang Hengkun Power Technology Co Ltd (20%) China Asia-Pacific Shenzhen Changyuan Group Co Ltd China Asia-Pacific Electric Domestic
Petrovietnam Gas City Investment & Development
520 1 11-Aug-09 Joint Stock Co (17%) Vietnam Asia-Pacific Vietnam Oil & Gas Corp (Petrovietnam) Vietnam Asia-Pacific Gas Domestic
521 1 23-Oct-09 Bengbu Tushan Thermal Electric Co Ltd (1.8%) China Asia-Pacific Anhui BBCA Biochemical Co Ltd China Asia-Pacific Electric Domestic
522 1 08-Jul-09 Serravalle Energia Srl (33%) Italy Europe IKF SpA - -
523 1 24-Aug-09 Baotou Baiyun Huiquan Wind Power Co Ltd China Asia-Pacific Inner Mongolia Mengdian Huaneng Thermal Power Co Ltd - -
524 1 30-Sep-09 Udmurt Energy Retail Co OAO (11.3%) Russian Federation FSU Basly Management Ltd Russian Federation FSU Electric Domestic
525 1 13-Feb-09 Energosbyt Rostovenergo OAO (24.9%) Russian Federation FSU Visoro BV Russian Federation FSU Electric Domestic
526 1 18-Aug-09 Chita Energy Retail Co OAO (37.81%) Russian Federation FSU E4 Group OAO Russian Federation FSU Electric Domestic
527 1 11-May-09 Tianjin Binhai Gas Ltd (30.55%) China Asia-Pacific Tianjin Tianlian Public Utilities Co Ltd China Asia-Pacific Gas Domestic
Hebei Jointo Renqiu Heat & Electricity Co Ltd
528 1 21-Apr-09 (26.994%) China Asia-Pacific Hebei Jointo Energy Investment Co Ltd China Asia-Pacific Electric Domestic
529 1 04-Sep-09 Est Wind Power OU Estonia Europe Fersa Energias Renovables SA - -
530 1 14-Sep-09 Wasabi Energy Ltd (12.94%) Australia Australasia Market Purchase Australia Australasia Electric Domestic
531 1 18-Nov-09 Power Station (2 solar energy projects) Greece Europe Minoan Group plc - -
Tomskaya Energosbytovaya Co OAO - Tomskaya ESK
532 1 09-Jul-09 (21.72%) Russian Federation FSU E4 Group OAO Russian Federation FSU Electric Domestic
Vladimir Energy Retail Co OAO - Vladimirenergosbyt
533 1 09-Oct-09 (19.7269%) Russian Federation FSU Private Investor (Aleksandr Filippov) Russian Federation FSU Electric Domestic
534 1 09-Jul-09 Samaraenergo OAO (9.23%) Russian Federation FSU Saratovenergo OAO Russian Federation FSU Electric Domestic
535 1 18-Jun-09 Orlovskaya Retail Co OAO- Orelenergosbyt (21.53%) Russian Federation FSU Market Purchase Russian Federation FSU Electric Domestic
Mass Megawatts Wind Power Inc., 550 kW Wind
536 1 13-Apr-09 Power Project United States North America Electric City Wind Power Corporation - -
Private Investor (Lishui Tianjian Electricity Industrial Co Ltd's
537 1 23-Oct-09 Lishui Tianjian Electricity Industrial Co Ltd (15%) China Asia-Pacific current shareholders) China Asia-Pacific Electric Domestic
538 1 14-May-09 Kuban Energy Retail Co OAO (24.5%) Russian Federation FSU Prasino Enterprises Ltd Russian Federation FSU Electric Domestic
Kuban Energy Retail Co OAO - Kubanenergosbyt
539 1 03-Aug-09 (24.5%) Russian Federation FSU Valuest Investments Ltd Russian Federation FSU Electric Domestic
540 1 09-Sep-09 Chita Energy Retail Co OAO (34.35%) Russian Federation FSU E4 Group OAO Russian Federation FSU Electric Domestic
541 1 14-Dec-09 6 New Wind Energy Projects In Ontario Canada North America Wind Works Power Corp. (OTCBB:WWPW) - -
542 1 08-Jun-09 Orlovskaya Retail Co OAO- Orelenergosbyt (20.12%) Russian Federation FSU Kevalda Holding Ltd Russian Federation FSU Electric Domestic
543 1 08-Jun-09 Orlovskaya Retail Co OAO- Orelenergosbyt (20.12%) Russian Federation FSU Lemur Holding SA Russian Federation FSU Electric Domestic
544 1 08-Jun-09 Orlovskaya Retail Co OAO- Orelenergosbyt (20.12%) Russian Federation FSU Obymen Lake Holdings Ltd Russian Federation FSU Electric Domestic
545 1 09-Sep-09 Buryatenergosbyt OAO (49.99%) Russian Federation FSU E4 Group OAO Russian Federation FSU Electric Domestic
546 1 04-Nov-09 Power Station (Wind farm in Zielona, Poland) Poland Europe Investment Friends Energy SA - -
547 1 16-Mar-09 Penza Energy Retail Co OAO (25%) Russian Federation FSU Energostrim Russian Federation FSU Electric Domestic
548 1 12-Dec-09 Arkhangelsk Retail Co OAO (19.98%) Russian Federation FSU Consultenergoservice OOO Russian Federation FSU Electric Domestic
549 1 13-Mar-09 Kimcheon Wind Power Plant South Korea Asia-Pacific Inno Metal Izirobot Inc - -
Vladimir Energy Retail Co OAO - Vladimirenergosbyt
550 1 05-May-09 (19.8%) Russian Federation FSU Moscow Industrial Bank OAO - MInB Russian Federation FSU Electric Domestic
551 1 16-Oct-09 Power Station (55MW Naga LBGT power plant, Cebu) Philippines Asia-Pacific SPC Power Corp Philippines Asia-Pacific Electric Domestic
552 1 11-Mar-09 Kramfors Energiverk AB (9%) Sweden Europe E.ON AG Germany Europe Electric Cross-border
553 1 08-Jun-09 Bryansk Retail Co OAO (21.741%) Russian Federation FSU Kevalda Holding Ltd Russian Federation FSU Electric Domestic

Page 10 of 15
PricewaterhouseCoopers: Power Deals* 2009 Annual Review - Mergers and acquisitions activity within the global electricity and gas market - all published transactions

Power deals includes analysis of all global cross-border and domestic electricity, gas and renewable energy deal activity. It is the latest in our Power Deals annual series. This year, we have expanded the range of data sources to provide the fullest possible account of deal-making for renewable power
assets. The analysis is based on published transactions from the Dealogic ‘M&A Global database’ for all electricity and gas deals. For renewables deals, we have supplemented this with analysis on published transactions from a variety of databases (John S Herold; Mergermarket; Capital IQ; Thomson as
well as Dealogic). This enables consistency with our companion Renewables Deals publication which looks specifically at renewable energy M&A. Analysis encompasses announced deals, including those pending financial and legal closure, and those which are completed. Deal values are the consideration
value announced or reported including any assumption of debt and liabilities. We have considered Asia Pacific as a region including Australasia, except where otherwise explicitly stated. All presented numbers of deals are inclusive of those deals with no reported value.

Value of Target Name Target Nationality Target Location Acquirer name Acquirer Nationality Acquirer Location Sector Type
transaction
(US$m)
No. Date announced
554 1 08-Jun-09 Bryansk Retail Co OAO (21.741%) Russian Federation FSU Lemur Holding SA Russian Federation FSU Electric Domestic
555 1 12-May-09 Greenside Holdings Ltd (Stake%) Cambodia Asia-Pacific Leopard Capital Ltd Cambodia Asia-Pacific Electric Domestic
556 1 08-Jun-09 Bryansk Retail Co OAO (21.741%) Russian Federation FSU Obymen Lake Holdings Ltd Russian Federation FSU Electric Domestic
557 1 16-Mar-09 Bryansk Retail Co OAO (23.2%) Russian Federation FSU Energostrim Russian Federation FSU Electric Domestic
558 1 26-Feb-09 Ubbink Solar Modules BV Netherlands Europe CENTROSOLAR Group AG - -
559 1 01-Oct-09 Sunline AG (70%) Germany Europe ALGATEC Solar AG - -
560 1 13-Mar-09 Daegu Solar Canopy Co Ltd (33.33%) South Korea Asia-Pacific Inno Metal Izirobot Inc - -
561 1 21-Apr-09 Arkhangelsk Retail Co OAO (13.08%) Russian Federation FSU Market Purchase Russian Federation FSU Electric Domestic
EarthFirst Canada Inc., Development Assets in B.C.,
562 1 11-Jun-09 Saskatchewan, Newfoundland And Labrador Canada North America Avro Wind Energy Inc. - -
563 1 18-May-09 Kursk Energy Retail Co OAO (19.98%) Russian Federation FSU TsentrEnergoCapital OOO Russian Federation FSU Electric Domestic
564 1 06-Nov-09 Settlers Landing Wind Park Canada North America Wind Works Power Corp. (OTCBB:WWPW) - -
565 1 21-Jan-09 CityView Corp Ltd (11.2892%) Australia Australasia Titan Bay Ltd Belize South America Electric Cross-border
566 1 26-Nov-09 Guangxi Laibin City Xinyuan Hydropower Co., Ltd. China Asia-Pacific Shenzhen Zhaoheng Hydropower Co., Ltd. - -
567 1 16-Apr-09 Sun Catalytix Corp (Stake%) United States North America Polaris Venture Partners United States North America Electric Domestic
568 1 16-Apr-09 Sun Catalytix Corp (Stake%) United States North America Polaris Venture Partners - -
569 1 11-May-09 Grand Valley Wind Farms Inc Canada North America Schneider Power Inc - -
570 1 08-Jun-09 Energia del Futuro Srl Italy Europe Volteo Energie S.r.l. - -
571 1 21-Apr-09 EarthFirst Nuttby Inc Canada North America Nova Scotia Power Inc Canada North America Electric Domestic
572 1 21-Apr-09 EarthFirst Nuttby Inc Canada North America Nova Scotia Power Inc - -
573 1 10-Jul-09 Chita Energy Retail Co OAO (24.5%) Russian Federation FSU E4 Group OAO Russian Federation FSU Electric Domestic
574 1 20-Mar-09 Global Energy Holdings LLC United States North America 2020 Energy LLC - -
575 1 02-Jul-09 Buryatenergosbyt OAO (28.07%) Russian Federation FSU E4 Group OAO Russian Federation FSU Electric Domestic
576 1 16-Mar-09 Orlovskaya Retail Co OAO- Orelenergosbyt (16.5%) Russian Federation FSU Energostrim Russian Federation FSU Electric Domestic
Omskaya Energosbytavaya Co OAO - Omskaya ESK
577 1 09-Sep-09 (13.65%) Russian Federation FSU E4 Group OAO Russian Federation FSU Electric Domestic
578 1 06-Apr-09 Cayley Geothermal Corp. Canada North America Sierra Geothermal Power Corp. (TSXV:SRA) - -
Ormat Technologies Inc., Geothermal Plant At Casper,
579 1 05-Oct-09 Wyoming United States North America U.S. Department of Energy - -
580 0 16-Mar-09 Taean Solar Canopy Co Ltd (33.33%) South Korea Asia-Pacific Inno Metal Izirobot Inc - -
581 0 09-Oct-09 Energy One Ltd (19.4365%) Australia Australasia Energy One Ltd Australia Australasia Electric Domestic
582 0 24-Feb-09 QianAn Henghui Cogeneration Co Ltd (25%) China Asia-Pacific New Zealand Power Investment Ltd New Zealand Australasia Electric Cross-border
Calcutta Compressions & Liquefaction Engineering Pvt
583 0 20-Apr-09 Ltd (72.65%) India Asia-Pacific Everest Kanto Cylinder Ltd India Asia-Pacific Gas Domestic
584 0 09-Nov-09 Power Station (Honelles windfarm, Belgium) Belgium Europe Wind Works Power Corp - -
585 0 13-May-09 Schneider Power Inc Canada North America Gazit Canada Inc - -
586 0 05-May-09 Light Energy Systems United States North America Lonestar Capital Corp - -
587 0 21-Sep-09 Kursk Energy Retail Co OAO (14.36%) Russian Federation FSU Bryansk Retail Co OAO Russian Federation FSU Electric Domestic
588 0 29-Sep-09 Botunya Energy AD (98.68%) Bulgaria Europe Undisclosed Acquiror Bulgaria Europe Electric Domestic
589 0 30-Sep-09 Botunya Energy JSC Bulgaria Europe - - -
Private Investor (Edward Sherman Grant (25%), Jrarat
590 0 15-Jun-09 Dragon Power Co Ltd (Cambodia) (59.99%) Cambodia Asia-Pacific Pingclasai (34.99%)) Thailand Asia-Pacific Electric Cross-border
591 0 16-Jan-09 Balinyou Wind Power Co Ltd (50%) China Asia-Pacific Beijing Jingneng Thermal Power Co Ltd - -
Inner Mongolia Jingneng Bairin Right Wind Power Co.,
592 0 17-Sep-09 Ltd. China Asia-Pacific Beijing Jingneng Thermal Power Co., Ltd. (SHSE:600578) - -
593 0 08-Jul-09 Ulyanovskenergo OAO (5.83%) Russian Federation FSU Private Investor (I. Provkin) Russian Federation FSU Electric Domestic
594 0 06-Nov-09 Zero Emission-Settlers Landing Canada North America Wind Works Power Corp - -
595 0 07-Aug-09 Eden Village Sdn Bhd Malaysia Asia-Pacific Sebaya Ceria Sdn Bhd Malaysia Asia-Pacific Electric Domestic
596 0 24-Apr-09 Arkhangelsk Retail Co OAO (20.78%) Russian Federation FSU Jamica Ltd Russian Federation FSU Electric Domestic
597 0 07-Apr-09 Korea DS Solar Co Ltd South Korea Asia-Pacific Dan Sung Electron Co Ltd - -
Novgorod Energy Retail Co OAO - Novgorodskaya
598 0 07-Apr-09 ESK (23.7%) Russian Federation FSU Junevalley Trading Ltd Russian Federation FSU Electric Domestic
Novgorod Energy Retail Co OAO - Novgorodskaya
599 0 07-Apr-09 ESK (23.7%) Russian Federation FSU Prif Services Ltd Russian Federation FSU Electric Domestic
Novgorod Energy Retail Co OAO - Novgorodskaya
600 0 07-Apr-09 ESK (23.7%) Russian Federation FSU Vostochnaya Finansovaya Gruppa OOO Russian Federation FSU Electric Domestic
601 0 30-Jun-09 Ram Power, Inc. United States North America GTO Resources Inc. (NEX: GTR.H) - -
602 0 16-Jan-09 Protean Power Pty Ltd Australia Australasia GB Energy Ltd - -
603 0 02-Feb-09 Sky Solar Korea Co Ltd (45%) South Korea Asia-Pacific JS Co Ltd - -
604 0 01-Jun-09 Chita Energy Retail Co OAO (8.16%) Russian Federation FSU Market Purchase Russian Federation FSU Electric Domestic
605 0 16-Apr-09 Ulyanovskenergo OAO (7.29%) Russian Federation FSU Hosmaline Finance Ltd Russian Federation FSU Electric Domestic
606 0 15-May-09 EarthFirst Canada Inc., Windrise Power Project Canada North America Canadian Hydro Developers Inc. - -
607 0 15-Dec-09 Volkersleier GmbH & Co-KG Germany Europe ICP Solar Technologies Inc (OTCBB:ICPR) - -
608 0 21-Oct-09 Vologodskaya Sbytovaya Kompaniya OAO (5.17%) Russian Federation FSU Roskommunenergo OAO Russian Federation FSU Electric Domestic
609 0 24-Mar-09 PowerPlay Energy Corp Canada North America Newlook Industries Corp - -
610 0 15-Apr-09 Polaris Geothermal Inc Nicaragua South America Investments and Technical Management Corp - -
Murmanskaya Hydroelectric Power Plant OAO -
611 0 Murmanskaya TETS (15.94%) Russia FSU TGC-1 OAO - -
612 0 22-Jun-09 Udmurt Energy Retail Co OAO (11.3%) Russian Federation FSU Infosant OOO Russian Federation FSU Electric Domestic
Zero Carbon Wind Energy Corp, USA East Coast
613 0 30-Sep-09 Projects United States North America Placer Gold Corp. (OTCPK:PGCR) - -
614 0 09-Jul-09 Saratovenergo OAO (11.96%) Russian Federation FSU Samaraenergo OAO Russian Federation FSU Electric Domestic
Inner Mongolia Ordos Jinniu Coal Electricity Co Ltd
615 0 04-Nov-09 (23%) China Asia-Pacific Zhejiang Dunan Artificial Environment Equipment Co Ltd China Asia-Pacific Electric Domestic
616 0 04-Aug-09 Wenchuan Zheli Hydropower Development Co., Ltd. China Asia-Pacific Heishui Jinyuan Hydropower Development Co., Ltd. - -
617 0 23-Apr-09 Sterling Biofuels International Ltd (5.48%) Australia Australasia Private Investor (Lim Wai Foong) - -
618 0 20-Jan-09 Huaneng Shouguang Wind Power China Asia-Pacific Bowen Ltd - -
619 0 08-Jul-09 Eldrives RC (21%) Italy Europe Wolong Electric Group Co Ltd China Asia-Pacific Electric Cross-border

Page 11 of 15
PricewaterhouseCoopers: Power Deals* 2009 Annual Review - Mergers and acquisitions activity within the global electricity and gas market - all published transactions

Power deals includes analysis of all global cross-border and domestic electricity, gas and renewable energy deal activity. It is the latest in our Power Deals annual series. This year, we have expanded the range of data sources to provide the fullest possible account of deal-making for renewable power
assets. The analysis is based on published transactions from the Dealogic ‘M&A Global database’ for all electricity and gas deals. For renewables deals, we have supplemented this with analysis on published transactions from a variety of databases (John S Herold; Mergermarket; Capital IQ; Thomson as
well as Dealogic). This enables consistency with our companion Renewables Deals publication which looks specifically at renewable energy M&A. Analysis encompasses announced deals, including those pending financial and legal closure, and those which are completed. Deal values are the consideration
value announced or reported including any assumption of debt and liabilities. We have considered Asia Pacific as a region including Australasia, except where otherwise explicitly stated. All presented numbers of deals are inclusive of those deals with no reported value.

Value of Target Name Target Nationality Target Location Acquirer name Acquirer Nationality Acquirer Location Sector Type
transaction
(US$m)
No. Date announced
620 0 21-Apr-09 Tambov Energy Retail OAO (5.49%) Russian Federation FSU Jamica Ltd Russian Federation FSU Electric Domestic
621 0 31-Mar-09 CEF Shirama Wind Farm Japan Asia-Pacific Kinden Corp - -
622 0 21-Apr-09 Dagestan Energy Retail Co OAO (5.77%) Russian Federation FSU Dzhamica Ltd Russian Federation FSU Electric Domestic

623 0 18-Nov-09 Enersave Power Pte Ltd. Singapore Asia-Pacific - - -


Kolskaya Energy Retail Co OAO - Kolenergosbyt
624 0 08-Jun-09 (5.72%) Russian Federation FSU Stroykomplekt OOO Russian Federation FSU Electric Domestic
625 0 29-Jan-09 Enex Resources Corp Hungary Europe MOL Magyar Olaj- es Gazipari Rt; Green Rock Energy - -
626 0 14-Dec-09 Power Station (456 MW Barka, Oman) Oman Middle East ACWA Power Projects Ltd Saudi Arabia middle east Electric Cross-border
627 0 03-Feb-09 Kundkraft Sverige AB Sweden Europe Aftonbladet Hierta AB Sweden Europe Gas Domestic
628 0 20-Nov-09 Ringdalskogen Fjernvarme AS (Majority%) Norway Europe AGO AG Energie + Anlagen Germany Europe Electric Cross-border
629 0 20-Aug-09 Holso Therm GmbH (25.52%) Germany Europe AGO AG Energie + Anlagen Germany Europe Electric Domestic
630 0 27-Jul-09 PromEnergoSbyt OOO (75.25%) Russian Federation FSU AirisCo OOO Russian Federation FSU Electric Domestic
631 0 04-Aug-09 Power Station (Power station located in Catania) Italy Europe ALEA Sicilia Srl Italy Europe Electric Domestic
632 0 03-Nov-09 Hispaelec Energia Spain Europe ALPIQ Holding AG Switzerland Europe Electric Cross-border
633 0 01-Jul-09 EHOL Distribution srl Romania Europe ALPIQ Holding AG Switzerland Europe Electric Cross-border
634 0 13-Jul-09 Inversiones Hornitos SA (40%) Chile South America Antofagasta plc United Kingdom Europe Electric Cross-border
635 0 14-Sep-09 Vologodskaya Sbytovaya Kompaniya OAO (6.9999%) Russian Federation FSU Arkhangelsk Retail Co OAO Russian Federation FSU Electric Domestic
636 0 03-Apr-09 Power Station (Esperance power station and pipeline Australia Australasia Australia & New Zealand Banking Group Ltd - ANZ Australia Australasia Electric Domestic
637 0 15-Feb-09 Deval Srl (51%) Italy Europe Autonomous Region of Valle D'Aosta Italy Europe Electric Domestic
638 0 07-Dec-09 Power Station (Oakey Power Station) Australia Australasia Babcock & Brown International Pty Ltd Australia Australasia Electric Domestic
639 0 05-Jan-09 PowerStream Inc Canada North America Barrie Hydro Distribution Inc Canada North America Electric Domestic
640 0 02-Oct-09 Komi Energy Retail Co OAO (11.94%) Russian Federation FSU Basly Management Ltd Russian Federation FSU Electric Domestic
641 0 09-Jan-09 Emmevu Green SrL Italy Europe Biotedim Srl Italy Europe Electric Domestic
642 0 09-Jun-09 PowerPlus Electric Inc United States North America Bowlin Group of Companies Inc South Africa Africa Electric Cross-border
643 0 26-May-09 EPCOR Power (Castleton) LLC United States North America Castleton Energy Center LLC United States North America Electric Domestic
644 0 19-Nov-09 Empresa Catarinense de Transmissao de Energia SA Brazil South America Centrais Eletricas de Santa Catarina SA - CELESC Brazil South America Electric Domestic
645 0 01-Jul-09 Prazska Teplarenska as (48.67%) Czech Republic Europe Ceske Energeticke Zavody as - CEZ Czech Republic Europe Electric Domestic
646 0 03-Aug-09 Masson France Europe Chaplain SAS France Europe Electric Domestic
647 0 29-Dec-09 Power Station (Cangzhou power plant) China Asia-Pacific China Resources Power Holdings Co Ltd China Asia-Pacific Electric Domestic
648 0 21-May-09 OwnEnergy Inc (Stake%) United States North America Clearpoint Ventures; United States North America Electric Domestic
649 0 11-Oct-09 Luz y Fuerza del Centro - LFC (Majority%) Mexico North America Comision Federal de Electricidad - CFE Mexico North America Electric Domestic
650 0 28-Oct-09 Empresa Regional de Transmissao de Energia SA Brazil South America Companhia Energetica de Minas Gerais - CEMIG Brazil South America Electric Domestic
651 0 28-Oct-09 Empresa Norte de Transmissao de Energia SA Brazil South America Companhia Energetica de Minas Gerais - CEMIG Brazil South America Electric Domestic
652 0 21-Jan-09 Mather & Stuart Ltd (50%) United Kingdom Europe Corpacq plc United Kingdom Europe Electric Domestic
653 0 16-Mar-09 Infinity Power Inc United States North America Daulton Capital Corp Canada North America Electric Cross-border
654 0 27-Apr-09 Power Station (2 power plants with a capacity of 10MW Italy Europe Deutsche Bank Italy Europe Electric Domestic
655 0 02-Feb-09 Power Station (1MW power plant in Brindisi) Italy Europe Deutsche Bank Italy Europe Electric Domestic
656 0 09-Nov-09 Gascogne Energies Services - GES (20%) France Europe Direct Energie SA France Europe Electric Domestic
657 0 02-Jul-09 Multiutility Energy (67%) Italy Europe Dolomiti Energia SpA Italy Europe Electric Domestic
658 0 09-Oct-09 Giudicarie Gas SpA (39.55%) Italy Europe Dolomiti Energia SpA Italy Europe Gas Domestic
659 0 10-Dec-09 Avisio Energia SpA Italy Europe Dolomiti Energia SpA Italy Europe Gas Domestic
660 0 01-Apr-09 Saratovgaz OAO (5.239%) Russian Federation FSU Domilex ZAO Russian Federation FSU Gas Domestic
661 0 01-Oct-09 Societe Nationale d'Electricite et de Thermique - SNET France Europe E.ON AG Germany Europe Electric Cross-border
662 0 13-Mar-09 Stadtwerke Tornesch GmbH (Minority%) Germany Europe E.ON AG Germany Europe Gas Domestic
663 0 02-Aug-09 Electrabel SA/NV (Power plants located in the Belgium Europe E.ON AG Germany Europe Electric Cross-border
664 0 03-Sep-09 HEMAB Elforsaljning AB (25%) Sweden Europe E.ON AG Germany Europe Electric Cross-border
665 0 09-Jul-09 ET Energia e Territorio Servizi Technologici Srl (25%) Italy Europe E.ON Italia SpA Italy Europe Gas Domestic
666 0 03-Mar-09 ET Servizi Commerciali SrL (60%) Italy Europe E.ON Italia SpA Italy Europe Gas Domestic
667 0 10-Jul-09 Metema Energy Srl (19.6%) Italy Europe E.ON Italia SpA Italy Europe Gas Domestic
668 0 06-Jul-09 Energetica Srl (Gas distribution business in the Italy Europe Edison SpA Italy Europe Gas Domestic
669 0 10-Mar-09 Power Station (Natural-gas-fueled power station in Vietnam Asia-Pacific Electric Power Development Co Ltd - J-Power Japan Asia-Pacific Electric Cross-border
670 0 19-Mar-09 Elektrocieplownia Krakow SA (28.05%) Poland Europe Electricite de France SA - EDF France Europe Electric Cross-border
671 0 12-Aug-09 Lime Energy Co (Certain Assets of Energy Technology United States North America ELUTIONS Inc United States North America Electric Domestic
672 0 26-Jun-09 Bayside Power LP United States North America Emera Inc Canada North America Electric Cross-border
673 0 15-Jan-09 Electricity Supply Board (ESB) (Great Island Power Ireland Europe Endesa SA Spain Europe Electric Cross-border
674 0 15-Jan-09 Energia Lombarda Srl (Gas distribution business unit) Italy Europe Enel Energia SpA Italy Europe Gas Domestic
675 0 18-Sep-09 Power Station (Wave energy park located in Portugal Europe Energias de Portugal SA - EDP; Portugal Europe Electric Domestic
676 0 27-Apr-09 Borusan Enerji Yatirimlari Ve Uretim AS (50%) Turkey Europe Energie Baden-Wuerttemberg AG - EnBW Germany Europe Electric Cross-border
677 0 19-Mar-09 STKW Energie Doerpen GmbH & Co KG (75.1%) Germany Europe Energie Baden-Wuerttemberg AG - EnBW Germany Europe Electric Domestic
678 0 01-Oct-09 KNG Kraftwerks- und Netzgesellschaft mbH (50.4%) Germany Europe Energie Baden-Wuerttemberg AG - EnBW Germany Europe Electric Domestic
679 0 15-Oct-09 STAWAG Stadtwerke Aachen AG (Coal-burning power Germany Europe Energie Baden-Wuerttemberg AG - EnBW Germany Europe Electric Domestic
680 0 09-Sep-09 DFW Midstream Services LLC United States North America Energy Capital Partners United States North America Electric Domestic
681 0 20-May-09 Dhanashree Projects Pvt Ltd India Asia-Pacific Energy Development Co Ltd India Asia-Pacific Electric Domestic
682 0 05-Nov-09 Cut Bank Gas Co (17%) United States North America Energy West Inc United States North America Gas Domestic
683 0 08-Apr-09 CoaLogix Inc United States North America EnerTech Capital Partners United States North America Electric Domestic
684 0 28-Aug-09 Toscana Energia Clienti SpA (20%) Italy Europe ENI SpA Italy Europe Gas Domestic
685 0 06-Nov-09 Energiepark Trelder Berg GmbH Germany Europe Enovos International SA Luxembourg Europe Gas Cross-border
686 0 30-Oct-09 Acadia Power Partners LLC (Unit 2 of Acadia Energy United States North America Entergy Louisiana LLC United States North America Electric Domestic
687 0 16-Aug-09 MITGAS Mitteldeutsche Gasversorgung GmbH Germany Europe envia Mitteldeutsche Energie AG Germany Europe Electric Domestic
688 0 19-Mar-09 Midland Cogeneration Venture LP United States North America EQT Infrastructure Fund; Sweden Europe Electric Cross-border
689 0 17-Dec-09 Swedegas AB Sweden Europe EQT Partners AB Sweden Europe Gas Domestic
690 0 13-May-09 Sunwest Canada Energy Ltd (Stake%) Canada North America Existing Shareholders Canada North America Electric Domestic
691 0 01-Jul-09 ACLIS Co Ltd Japan Asia-Pacific F-Bit Communications Corp Japan Asia-Pacific Electric Domestic
692 0 28-Oct-09 Yaroslavl Power Grid Co OAO - YarESK (51%) Russian Federation FSU Federal Grid Co OAO Russian Federation FSU Electric Domestic
693 0 27-Oct-09 Gotica Link SLU Spain Europe First Wave Services SLU Spain Europe Electric Domestic

Page 12 of 15
PricewaterhouseCoopers: Power Deals* 2009 Annual Review - Mergers and acquisitions activity within the global electricity and gas market - all published transactions

Power deals includes analysis of all global cross-border and domestic electricity, gas and renewable energy deal activity. It is the latest in our Power Deals annual series. This year, we have expanded the range of data sources to provide the fullest possible account of deal-making for renewable power
assets. The analysis is based on published transactions from the Dealogic ‘M&A Global database’ for all electricity and gas deals. For renewables deals, we have supplemented this with analysis on published transactions from a variety of databases (John S Herold; Mergermarket; Capital IQ; Thomson as
well as Dealogic). This enables consistency with our companion Renewables Deals publication which looks specifically at renewable energy M&A. Analysis encompasses announced deals, including those pending financial and legal closure, and those which are completed. Deal values are the consideration
value announced or reported including any assumption of debt and liabilities. We have considered Asia Pacific as a region including Australasia, except where otherwise explicitly stated. All presented numbers of deals are inclusive of those deals with no reported value.

Value of Target Name Target Nationality Target Location Acquirer name Acquirer Nationality Acquirer Location Sector Type
transaction
(US$m)
No. Date announced
694 0 27-Oct-09 Bridge Boreal SLU Spain Europe First Wave Services SLU Spain Europe Electric Domestic
695 0 23-Nov-09 CAES Development Co (Rights to Norton Energy United States North America FirstEnergy Generation Corp United States North America Electric Domestic
696 0 22-Sep-09 Romande Energie Commerce SA (Minority%) Switzerland Europe Forces Motrices l'Avancon SA Switzerland Europe Electric Domestic
697 0 20-May-09 Acacia Instalaciones Fotovoltaicas SLU Spain Europe Foresight Group United Kingdom Europe Electric Cross-border
698 0 23-Oct-09 Kharkovgorgaz VAT (19.1731%) Ukraine Europe Gazeks-Ukraina TOV Ukraine Europe Gas Domestic
699 0 15-Oct-09 Novocherkasskgorgaz OAO (20%) Russian Federation FSU Gazprom OAO Russian Federation FSU Gas Domestic
700 0 18-Feb-09 Yugragaz OAO (76.991%) Russian Federation FSU Gazprom OAO Russian Federation FSU Gas Domestic
701 0 21-Apr-09 Uralgasservice (58.901%) Russian Federation FSU Gazprom OAO Russian Federation FSU Gas Domestic
702 0 22-Apr-09 Primorsko-Akhtarskraygaz OAO (33.95%) Russian Federation FSU Gazprom OAO Russian Federation FSU Gas Domestic
703 0 22-Apr-09 Vyselkiraygaz OAO (10.08%) Russian Federation FSU Gazprom OAO Russian Federation FSU Gas Domestic
704 0 22-Apr-09 Armavirgorgaz OAO (7.655%) Russian Federation FSU Gazprom OAO Russian Federation FSU Gas Domestic
705 0 22-Apr-09 Timashevskraygaz OAO (5.36%) Russian Federation FSU Gazprom OAO Russian Federation FSU Gas Domestic
706 0 22-Apr-09 Kurganinskraygaz OAO (22.47%) Russian Federation FSU Gazprom OAO Russian Federation FSU Gas Domestic
707 0 08-Jan-09 Italcogim SpA (25.5%) Italy Europe GDF Suez SA France Europe Gas Cross-border
708 0 18-Sep-09 Stadtwerke Zehdenick GmbH (74.9%) Germany Europe Gelsenwasser AG Germany Europe Gas Domestic
709 0 23-Jun-09 Green Eco Sys LLC United States North America Genesis Invest AG Switzerland Europe Electric Cross-border
710 0 04-Nov-09 Servicios Del Carralero SL Spain Europe Gesdegas SL Spain Europe Gas Domestic
711 0 25-Jul-09 Emco Energy Ltd India Asia-Pacific GMR Infrastructure Ltd India Asia-Pacific Electric Domestic
712 0 20-Jan-09 Constellation Energy Group Inc (International United Kingdom Europe Goldman Sachs Group Inc United States North America Electric Cross-border
713 0 22-Apr-09 Viraventos Energy (30%) Spain Europe Green Alliance SGECR Spain Europe Electric Domestic
714 0 10-Jul-09 Lixar (Energy Management Business ) Canada North America GridPoint Inc - Canada Canada North America Electric Domestic
715 0 09-Sep-09 Ram Power Inc United States North America GTO Resources Inc Canada North America Electric Cross-border
716 0 30-Jun-09 Pacific Electrical Installations Ltd Canada North America Henkels & McCoy Inc United States North America Electric Cross-border
717 0 03-Mar-09 Tamarete Energia SrL (32%) Italy Europe Hera SpA Italy Europe Electric Domestic
718 0 04-May-09 PriGeAS Srl (51%) Italy Europe Hera SpA Italy Europe Electric Domestic
719 0 05-Mar-09 Yizhang County Electricity Co Ltd (Power supply China Asia-Pacific Hunan Chendian International Development Shareholding Co China Asia-Pacific Electric Domestic
720 0 17-Dec-09 Cap Rock Holding Corp United States North America Hunt Transmission Services United States North America Electric Domestic
721 0 01-Apr-09 Plug Power Inc United States North America HyGear BV Netherlands Europe Electric Cross-border
722 0 17-Sep-09 Komi Energy Retail Co OAO (11.94%) Russian Federation FSU Infosant OOO Russian Federation FSU Electric Domestic
723 0 10-Jun-09 Revdagazservice OAO (60.65%) Russian Federation FSU Infosant OOO Russian Federation FSU Gas Domestic
724 0 02-Mar-09 Pervouralskgaz OAO (43.16%) Russian Federation FSU Infosant OOO Russian Federation FSU Gas Domestic
725 0 02-Mar-09 Plevskoimezhraigaz OAO (79.87%) Russian Federation FSU Infosant OOO Russian Federation FSU Gas Domestic
726 0 02-Mar-09 Revdagazservice OAO (39.49%) Russian Federation FSU Infosant OOO Russian Federation FSU Gas Domestic
727 0 02-Mar-09 Krasnoturinskmezhraygaz OAO (67.87%) Russian Federation FSU Infosant OOO Russian Federation FSU Gas Domestic
728 0 02-Mar-09 Nizhniytagilmezhraygaz OAO (60.45%) Russian Federation FSU Infosant OOO Russian Federation FSU Gas Domestic
729 0 29-May-09 Transenergo International NV (67%) Russian Federation FSU Infoterm ZAO Russian Federation FSU Electric Domestic
730 0 01-Oct-09 GMR Kamalanga Energy Ltd (20%) India Asia-Pacific Infrastructure Development Finance Co Ltd - IDFC; India Asia-Pacific Electric Domestic
731 0 22-Dec-09 OGK-1 OAO (Stake%) Russian Federation FSU Inter RAO EES OAO Russian Federation FSU Electric Domestic
732 0 24-Nov-09 Ekibastuz GRES-1 Ltd (50%) Kazakhstan Asia-Pacific Inter RAO EES OAO Russian Federation FSU Electric Cross-border
733 0 04-Dec-09 Moldavskaya GRES ZAO (62.55%) Moldova Europe Inter RAO EES OAO Russian Federation FSU Electric Cross-border
734 0 05-Oct-09 Achates Power Inc United States North America Investor Group United States North America Electric Domestic
735 0 16-Mar-09 CPL Concordia Soc. Coop. ARL (Gas distribution Italy Europe Italcogim SpA Italy Europe Gas Domestic
736 0 30-Nov-09 Libera Energia Srl (45%) Italy Europe Italtrading SpA Italy Europe Gas Domestic
737 0 24-Apr-09 Tango Gas (Majority%) Japan Asia-Pacific Iwatani Corp Japan Asia-Pacific Gas Domestic
738 0 18-Dec-09 Iwaki Gas Japan Asia-Pacific Japan Petroleum Exploration Co Ltd Japan Asia-Pacific Gas Domestic
739 0 30-Mar-09 Societe d'Enrichissement du Tricastin - SET Holding France Europe Kansai Electric Power Co Inc; Japan Asia-Pacific Electric Cross-border
740 0 30-Mar-09 AREVA SA (French Areva's Georges Besse II nuclear France Europe Kansai Urban Banking Corp; Japan Asia-Pacific Electric Cross-border
741 0 07-Jul-09 Next SpA (Minority%) Italy Europe Kinexia SpA Italy Europe Electric Domestic
742 0 15-Jun-09 Societe d'Enrichissement du Tricastin - SET Holding France Europe Korea Hydro & Nuclear Power Co Ltd South Korea Asia-Pacific Electric Cross-border
743 0 19-Oct-09 Cimegas Adriatica Srl (Gas distribution business unit in Italy Europe Liquigas SpA Italy Europe Gas Domestic
744 0 06-Jul-09 Maxcom Gas Srl (Gas distribution business in the Italy Europe Liquigas SpA Italy Europe Gas Domestic
745 0 09-Jul-09 Petrolgas di Tenace Antonio & C SNC (Gas distribution Italy Europe Liquigas SpA Italy Europe Gas Domestic
746 0 13-Jul-09 Garino Livio (Gas distribution business in the Comune Italy Europe Liquigas SpA Italy Europe Gas Domestic
747 0 01-May-09 Ceskomoravska Energeticka as Czech Republic Europe Lumius spol sro Czech Republic Europe Electric Domestic
748 0 28-Dec-09 Integrys Energy Services Inc (Wholesale Electric United States North America Macquarie Group Ltd - MGL Australia Australasia Electric Cross-border
749 0 25-Nov-09 Power Station (23 Megawatt wind power plant, Hungary Europe Magyar Villamos Muvek Zrt - MVM Zrt Hungary Europe Electric Domestic
750 0 08-Jun-09 Invenergy Thermal Financing LLC (49%) United States North America Marubeni Corp Japan Asia-Pacific Electric Cross-border
751 0 02-Apr-09 Invenergy LLC (1,092 MW of plants ) United States North America Marubeni Corp Japan Asia-Pacific Electric Cross-border
752 0 01-Jun-09 Sevastopolgaz OAO (21.1%) Ukraine Europe Materon Ltd Cyprus Europe Gas Cross-border
753 0 01-Dec-09 RRI Energy Solutions East LLC (Retail power United States North America MC Squared Energy Services LLC United States North America Electric Domestic
754 0 09-Feb-09 Dutton Hydro Ltd Canada North America Middlesex Power Distribution Corp Canada North America Electric Domestic
755 0 14-Dec-09 MOL Energy Trade Ltd Hungary Europe MOL Magyar Olaj-es Gazipari Rt; Hungary Europe Gas Domestic
756 0 26-Nov-09 Central Repair-Mechanical Plant OOO Russian Federation FSU Mosenergo OAO Russian Federation FSU Electric Domestic
757 0 15-Apr-09 PowerbyProxi Ltd (Stake%) New Zealand Australasia Movac Ltd New Zealand Australasia Electric Domestic
758 0 10-Dec-09 Energy Co of Ukraine NAK (Combined heat and Power Ukraine Europe Naftogaz Ukraine NAK Ukraine Europe Electric Domestic
759 0 06-Nov-09 HNG I/S Denmark Europe Naturgas Midt-Nord I/S Denmark Europe Gas Domestic
760 0 01-Nov-09 MARL Energia - Central Fotovoltaica SA (31.73%) Portugal Europe New Energy Fund - NEF Portugal Europe Electric Domestic
761 0 13-Dec-09 Power Station (362 MW Lal Pir and 365 MW Pak Gen) Pakistan Asia-Pacific Nishat Mills Ltd Pakistan Asia-Pacific Electric Domestic
762 0 29-Jun-09 Switch.dk A/S Denmark Europe Nordjysk Elhandel A/S Denmark Europe Electric Domestic
763 0 15-Dec-09 Electrabel SA/NV (Thermal Power Plant, Netherlands) Netherlands Europe Nuon NV Netherlands Europe Electric Domestic
764 0 14-Dec-09 Vani Energies Pvt Ltd India Asia-Pacific Octant Interactive Technologies Ltd India Asia-Pacific Electric Domestic
765 0 14-Dec-09 Indravati Energies Pvt Ltd India Asia-Pacific Octant Interactive Technologies Ltd India Asia-Pacific Electric Domestic
766 0 27-Nov-09 Borasco Elektrik Uretim Sanayi (20%) Turkey Europe OMV AG Austria Europe Electric Cross-border
767 0 13-Feb-09 Enerco Enerji Sanayi ve Ticaret AS (40%) Turkey Europe OMV AG Austria Europe Gas Cross-border
768 0 23-Sep-09 Buena Vista Biomass Development LLC (Majority%) United States North America Otoka Energy Corp United States North America Electric Domestic
769 0 22-Dec-09 Energiya OAO (13.12%) Russian Federation FSU Parmina OOO Russian Federation FSU Electric Domestic
770 0 19-Nov-09 Dominion Peoples Natural Gas Co United States North America Peoples Hope Gas Companies United States North America Gas Domestic
771 0 17-Aug-09 NSG Mid-Georgia LLC United States North America Perennial Power Holdings United States North America Electric Domestic

Page 13 of 15
PricewaterhouseCoopers: Power Deals* 2009 Annual Review - Mergers and acquisitions activity within the global electricity and gas market - all published transactions

Power deals includes analysis of all global cross-border and domestic electricity, gas and renewable energy deal activity. It is the latest in our Power Deals annual series. This year, we have expanded the range of data sources to provide the fullest possible account of deal-making for renewable power
assets. The analysis is based on published transactions from the Dealogic ‘M&A Global database’ for all electricity and gas deals. For renewables deals, we have supplemented this with analysis on published transactions from a variety of databases (John S Herold; Mergermarket; Capital IQ; Thomson as
well as Dealogic). This enables consistency with our companion Renewables Deals publication which looks specifically at renewable energy M&A. Analysis encompasses announced deals, including those pending financial and legal closure, and those which are completed. Deal values are the consideration
value announced or reported including any assumption of debt and liabilities. We have considered Asia Pacific as a region including Australasia, except where otherwise explicitly stated. All presented numbers of deals are inclusive of those deals with no reported value.

Value of Target Name Target Nationality Target Location Acquirer name Acquirer Nationality Acquirer Location Sector Type
transaction
(US$m)
No. Date announced
772 0 27-Nov-09 Power Station (160-megawatt Termobarrancas Power Venezuela South America Petroleos de Venezuela SA - PDVSA Venezuela South America Electric Domestic
773 0 17-Apr-09 PJI Development Sdn Bhd (49.99%) Malaysia Asia-Pacific PJI Holdings Bhd Malaysia Asia-Pacific Electric Domestic
774 0 03-Aug-09 FirstEnergy Corp (Transmission assets ) United States North America PJM Interconnection LLC United States North America Electric Domestic
775 0 03-Feb-09 Kuhlman Electric Corp (single and 3-phase pole- United States North America Power Partners Inc United States North America Electric Domestic
776 0 31-Mar-09 Electric Networks OAO (20.58%) Russian Federation FSU Private Investor (Abdullakhan Ablataev) Russian Federation FSU Electric Domestic
777 0 30-Sep-09 Energiya OAO (72.5%) Russian Federation FSU Private Investor (Aleksandr Khurudzhi) Russian Federation FSU Electric Domestic
778 0 31-Mar-09 Electric Networks OAO (12%) Russian Federation FSU Private Investor (Aleksandr Yerofeev) Russian Federation FSU Electric Domestic
779 0 30-Apr-09 Primorsky Gaz OAO (18.166%) Russian Federation FSU Private Investor (Alesey Khmel) Russian Federation FSU Gas Domestic
780 0 26-Oct-09 Penzagasification OAO (12.978%) Russian Federation FSU Private Investor (Eduard Kuznetsov) Russian Federation FSU Gas Domestic
781 0 07-Aug-09 Central Energetica Ribeirao Preto Acucar E Alcool Ltda Brazil South America Private Investor (Ricardo Mansur) Brazil South America Electric Domestic
782 0 31-Mar-09 Electric Networks OAO (20.58%) Russian Federation FSU Private Investor (Sergey Mikhailov) Russian Federation FSU Electric Domestic
783 0 16-Apr-09 Penzenskaya Gorelektroset ZAO (7.13%) Russian Federation FSU Private Investor (Yuriy Varlamov) Russian Federation FSU Electric Domestic
784 0 21-May-09 Energy Direct New Zealand Ltd (Assets) New Zealand Australasia Pulse Utilities New Zealand Ltd New Zealand Australasia Electric Domestic
785 0 21-Jul-09 Advanced Telemetry LLC (Stake%) United States North America Quercus Trust; United States North America Electric Domestic
786 0 14-Aug-09 Sakhalin Energy Co OAO (10.17%) Russian Federation FSU RAO Energy Systems of East OAO Russian Federation FSU Electric Domestic
787 0 07-Aug-09 Jharkhand Integrated Power Ltd India Asia-Pacific Reliance Power Ltd India Asia-Pacific Electric Domestic
788 0 17-Sep-09 Komi Energy Retail Co OAO (11.94%) Russian Federation FSU Remix-Group OOO Russian Federation FSU Electric Domestic
789 0 08-Jun-09 Polevskoymezhraygaz OAO (24.94%) Russian Federation FSU Remix-Group OOO Russian Federation FSU Gas Domestic
790 0 29-Jul-09 Empresa Electrica Valle Hermoso SA (Majority%) Bolivia South America Republic of Bolivia Bolivia South America Electric Domestic
791 0 29-Jul-09 Empresa Electrica Guaracachi SA - EGSA (Majority%) Bolivia South America Republic of Bolivia Bolivia South America Electric Domestic
792 0 12-Feb-09 Union Fenosa SA (Nicaraguan Operations) Nicaragua South America Republic of Nicaragua Nicaragua South America Electric Domestic
793 0 28-Jul-09 EnefTech Innovation SA (23%) Switzerland Europe Romande Energie SA Switzerland Europe Electric Domestic
794 0 07-May-09 Elso Magyar Foldgaz-Es Energiakereskedelmi es Hungary Europe RosGas Switzerland Europe Electric Cross-border
795 0 04-Feb-09 Adyggaz OAO (25.498%) Russian Federation FSU Rosneftegaz OAO Russian Federation FSU Electric Domestic
796 0 02-Feb-09 Murmanoblgaz OAO (25.5%) Russian Federation FSU Rosneftegaz OAO Russian Federation FSU Gas Domestic
797 0 13-Feb-09 Saratovoblgaz OJSC (25.5%) Russian Federation FSU Rosneftegaz OAO Russian Federation FSU Gas Domestic
798 0 06-Mar-09 Kuban Energy Retail Co OAO (24.49%) Russian Federation FSU Rusenergoinvest OOO Russian Federation FSU Electric Domestic
799 0 13-Mar-09 Kaskad Nizhne-Cherekskykh GES OAO (92.9%) Russian Federation FSU RusHydro OAO Russian Federation FSU Electric Domestic
800 0 23-Mar-09 E.ON Turcas Guney Elektrik Uretim AS (70%); Turkey Europe RWE AG Germany Europe Electric Cross-border
801 0 27-Feb-09 Stadtwerke Kirn GmbH (Electricity divison) Germany Europe RWE AG Germany Europe Electric Domestic
802 0 12-Nov-09 Sakhalin Energy Co OAO (5.5817%) Russian Federation FSU Sakhalin Sea Ports OOO Russian Federation FSU Electric Domestic
803 0 03-Feb-09 Biogas Technologies Unlimited LLC United States North America Schmack BioEnergy LLC United States North America Gas Domestic
804 0 21-May-09 Abernedd Power Co Ltd United Kingdom Europe Scottish & Southern Energy plc United Kingdom Europe Electric Domestic
805 0 17-Jul-09 Integrys Energy Services of Canada Corp (Canadian Canada North America Shell Energy North America US LP United States North America Electric Cross-border
806 0 29-Oct-09 Shanghai Natural Gas Pipeline Networks Co Ltd China Asia-Pacific Shenergy Group Co Ltd China Asia-Pacific Gas Domestic
807 0 09-Jul-09 Transparent Energy Systems Pvt Ltd (Stake%) India Asia-Pacific Siemens Venture Capital GmbH Germany Europe Electric Cross-border
808 0 08-Dec-09 Shanxi Eurofo Green Energy Co Ltd China Asia-Pacific Sino Dragon New Energy Holdings Ltd; China Asia-Pacific Electric Domestic
809 0 30-Mar-09 Servizi Energetici Integrati SpA (Gas distribution Italy Europe Societa Italiana per il Gas SpA - ITALGAS Italy Europe Electric Domestic
810 0 09-Sep-09 Coruscant SA (Minority%) France Europe Societe Nationale des Chemins de Fer Francais - SNCF France Europe Electric Domestic
811 0 10-Jul-09 Andali Energia Srl (90%) Italy Europe Solgenera Srl Italy Europe Electric Domestic
812 0 21-Oct-09 DeSoto County Generating Co LLC United States North America Southern Power Co United States North America Electric Domestic
813 0 22-Oct-09 West Georgia Generating Co LLP United States North America Southern Power Co United States North America Electric Domestic
814 0 28-Apr-09 Stadtwerke Stollberg GmbH Germany Europe Stadtwerke Crimmitschau GmbH Germany Europe Electric Domestic
815 0 28-Apr-09 Stadtwerke Lichtenstein GmbH Germany Europe Stadtwerke Crimmitschau GmbH Germany Europe Electric Domestic
816 0 23-Oct-09 Kraftwerk Mehrum GmbH (50%) Germany Europe Stadtwerke Hannover AG Germany Europe Electric Domestic
817 0 28-Sep-09 Hai Phong Thermal Power Joint Stock Co (9%) Vietnam Asia-Pacific State Capital Investment Corp - SCIC Vietnam Asia-Pacific Electric Domestic
818 0 19-Feb-09 IvTBS ZAO (93.46%) Russian Federation FSU SU-155 ZAO Russian Federation FSU Electric Domestic
819 0 18-Nov-09 Ensys AG Germany Europe Suewag Energie AG; Germany Europe Electric Domestic
820 0 25-Nov-09 Atlantic Power Corp (Mid-Georgia Cogeneration United States North America Sumitomo Corp Japan Asia-Pacific Electric Cross-border
821 0 21-Apr-09 Kharkovoblenergo AO (12.31%) Ukraine Europe Svarog Asset Management OOO Ukraine Europe Electric Domestic
822 0 11-Sep-09 Power Station (Tarong North Power Station, Australia Australasia Tarong Energy Corp Ltd Australia Australasia Electric Domestic
823 0 20-Nov-09 Simran Wind Project Pvt Ltd India Asia-Pacific Techno Electric & Engineering Co Ltd India Asia-Pacific Electric Domestic
824 0 10-Jul-09 Sime Darby Power Link Sdn Bhd Malaysia Asia-Pacific Tenaga Nasional Bhd (50% / 50%); Malaysia Asia-Pacific Electric Domestic
825 0 13-Mar-09 Novomoskovskaya GRES OAO Russian Federation FSU TGC-4 OAO Russian Federation FSU Electric Domestic
826 0 31-Aug-09 Seacom SpA Italy Europe Toscana Energia Clienti SpA Italy Europe Gas Domestic
827 0 07-Sep-09 Clima Gas Srl (Gas distribution business in the Italy Europe Total SA Italy Europe Gas Domestic
828 0 18-Dec-09 Springerville Unit 3 Holding Co LLC (Stake%) United States North America Tri-State Generation & Transmission Association Inc United States North America Electric Domestic
829 0 02-Jun-09 Novomoskovskaya Teplovaya Kompaniya OOO Russian Federation FSU Tula Distribution Co OAO Russian Federation FSU Electric Domestic
830 0 30-Jan-09 Respekt Energyia OOO Russian Federation FSU Tula Distribution Co OAO Russian Federation FSU Electric Domestic
831 0 13-Oct-09 Primagas GmbH (Bottled gas division) Germany Europe Tyczka Totalgaz GmbH Germany Europe Electric Domestic
832 0 21-Jul-09 Zomar SA (Majority%) Poland Europe Ukrinterenergo Ukraine Europe Electric Cross-border
833 0 17-Dec-09 Atomic Energy of Canada Ltd (Candu Reactor Division Canada North America Undisclosed Acquiror Canada North America Electric Domestic
834 0 16-Mar-09 Western Indus Power Ltd India Asia-Pacific Undisclosed Acquiror India Asia-Pacific Electric Domestic
835 0 17-Apr-09 Constellation Energy Group Inc (Power marketing United States North America Undisclosed Acquiror United States North America Electric Domestic
836 0 11-Sep-09 Vadinar Power Co Ltd (51.15%) India Asia-Pacific Undisclosed Acquiror India Asia-Pacific Electric Domestic
837 0 07-Oct-09 Komi Energy Retail Co OAO (11.94%) Russian Federation FSU Undisclosed Acquiror Russian Federation FSU Electric Domestic
838 0 05-Oct-09 Komi Energy Retail Co OAO (11.94%) Russian Federation FSU Undisclosed Acquiror Russian Federation FSU Electric Domestic

Page 14 of 15
PricewaterhouseCoopers: Power Deals* 2009 Annual Review - Mergers and acquisitions activity within the global electricity and gas market - all published transactions

Power deals includes analysis of all global cross-border and domestic electricity, gas and renewable energy deal activity. It is the latest in our Power Deals annual series. This year, we have expanded the range of data sources to provide the fullest possible account of deal-making for renewable power
assets. The analysis is based on published transactions from the Dealogic ‘M&A Global database’ for all electricity and gas deals. For renewables deals, we have supplemented this with analysis on published transactions from a variety of databases (John S Herold; Mergermarket; Capital IQ; Thomson as
well as Dealogic). This enables consistency with our companion Renewables Deals publication which looks specifically at renewable energy M&A. Analysis encompasses announced deals, including those pending financial and legal closure, and those which are completed. Deal values are the consideration
value announced or reported including any assumption of debt and liabilities. We have considered Asia Pacific as a region including Australasia, except where otherwise explicitly stated. All presented numbers of deals are inclusive of those deals with no reported value.

Value of Target Name Target Nationality Target Location Acquirer name Acquirer Nationality Acquirer Location Sector Type
transaction
(US$m)
No. Date announced
839 0 20-Jul-09 Integrys Energy Services Inc (Energy Management United States North America US Energy Services United States North America Electric Domestic
840 0 03-Aug-09 Energy Service Providers Inc United States North America US Gas & Electric Inc United States North America Electric Domestic
841 0 16-Sep-09 Orissa Power Consortium Ltd (Remaining%) India Asia-Pacific VBC Ferro Alloys Ltd India Asia-Pacific Electric Domestic
842 0 15-Jul-09 DayStar Technologies Inc (assets located in Halfmoon, United States North America Veeco Instruments Inc United States North America Electric Domestic
843 0 05-Mar-09 Power Station (Vao power plant, Tallinn, Estonia) Estonia Europe Veolia Environnement SA France Europe Electric Cross-border
844 0 29-Oct-09 Spigas Srl (66%) Italy Europe Verbundnetz Gas AG - VNG Germany Europe Gas Cross-border
845 0 01-Jul-09 Energeiaki EPE (85%) Greece Europe VioSolar Inc Greece Europe Electric Domestic
846 0 17-Dec-09 FirstEnergy Corp (340-Megawatt Sumpter Plant) United States North America Wolverine Power Supply Cooperative Inc United States North America Electric Domestic
847 0 18-Nov-09 Alliance Energy Solutions United States North America WW Grainger Inc United States North America Electric Domestic
848 0 01-Apr-09 Alfa Power sro Slovak Republic Europe ZCHP Sarl Slovak Republic Europe Electric Domestic

Source: PricewaterhouseCoopers, Power Deals* 2009 Annual Review, based on published transactions from Dealogic ‘M&A Global’ database, December 2009

For further information, please contact:

Olesya Hatop, Global Energy, Utilities & Mining Marketing


Telephone: +49 201 438 1431
Email: olesya.hatop@de.pwc.com

© 2010 PricewaterhouseCoopers. All rights reserved. PricewaterhouseCoopers refers to the network of member firms of PricewaterhouseCoopers International Limited, each of which is a separate and independent legal entity. *connectedthinking is a trademark of PricewaterhouseCoopers LLP.
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www.pwc.com/powerdeals

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