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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

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