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Equis Secures USD 282 Million Of Project Financing For New Biomass Power Plant In Japan

EQUIS COMPLETES DIVESTMENT OF ENERGY STORAGE ASSETS IN SOUTH KOREA

Equis Pte Ltd (“Equis”) has completed the divestment of 100% of the 207.12 MWh energy storage system located in Incheon and Pohang, South Korea (“Project”) to a fund managed by Kiwoom Asset Management Co., Ltd. (“Kiwoom”). The Project comprises the largest operating battery storage project in South Korea.

Equis Announces US$1.25B Capital Raising

Equis Development Pte Ltd (“EDL”) today executed binding documentation with a wholly owned subsidiary of the Abu Dhabi Investment Authority (“ADIA”), Ontario Teachers’ Pension Plan Board (“Ontario Teachers”) and the Equis management team to invest US$1.25 billion in EDL.

Japan Bioenergy Sale to Tokyo Gas

Equis Pte Ltd (“Equis”) today executed binding documentation for the sale of 100% of the 51.5 MW Fushiki
Manyofuto Biomass Power Plant in Toyama, Japan (“Toyama Project”) and the 75 MW Ichihara Yawatafuto Biomass Power
Plant in Chiba, Japan (“Ichihara Project”) to Prominet Power Co Ltd, a wholly owned subsidiary of Tokyo Gas Co Ltd (“Tokyo
Gas”). The transaction is expected to close in September 2020

Capital Raising for South Korean Waste to Energy Platform

Capital raised for development of four waste energy facilities to be owned and operated by Vine Enviro

Equis Acquires South Korean Hybrid Solar & Battery Project

Equis Development Pte. Ltd, Asia-Pacific’s leading renewable energy and waste infrastructure developer, has completed the 100% acquisition of Jara 1 Solar Project (“Jara”), located in Sinan Municipality, South Jeolla Province, South Korea.