EFTA Document EFTA01367019

Amendment #4 Page 590 of 868 Tuhlr of Conical' Independent auditors' report To Ire Sterenders Directors and Management of Renova Energia S A and Bahia &Ace Pancipacees S A.. Salvadx E0lica Participap0es $ A and Energetca Serra da Prata S A Sao Patio-$P le have a mined the accompanying combined CO tance sheets of Renova Energy Projects I. or the 'Group as of December 31. 2014 and 2013 and January 1. 2013. arc the related comb ned atements of mccrne compteherame income statements of chan