EFTA Document EFTA01366502

Amendment #4 Page 73 of 868 tehleig.ceteiels lorecasted levels or at all Degradation of the perfamarce of our solar facilities above levels provided for ri the related IDloAs may also reckce our revenues Oren coated capital experdnites assooated with mantaning upgrading a repa in ng our facial es may also reduce profitability We May also choose to ref urtrsh or upgrade Our !Sent es based on our assessment that such tictnay wit provide adequate financial returns Stith aeliviteS require time tar capital expencHures before repowerirg, arid key assumptions underarm ng a decision to make s_ch an r Nestmert may prove incorrect including assumptons regarding costs, timing availade financing and future power antes The could nave a material adverse effect on our busiress financial condition results of operators and cash flows. Moreover. spare parts for wird and hydt eleCtne latices and soar facilites and key peon of equpment may be &Scutt to acqure or be Inv/likable to us Sources of some sgmlicant spare reds and other equprrent are kcaled outs.* Ire prisdiclons in when we operate In ackliton w4h respect to wind and rrodroelectrc projects. from time lo time we may use less well known luibne suppliers or may purchase wind and hydroiciectnc turbines and spare pans with less established track records if we were to expenence a shortage of or inability to acqure ant cal spare parts we could incur sgnrfica deayS in returning facilites t0 hi operaben when could regativegy impact as business financial condition. results of operabcns and cash flaws Oct Sponsor and Other developers of elegy prefects depend on a limited number of suppliers ot solar panels. Inverters, wind turbines. water turbines and other system components. Any shortage, delay or component price change from these suppliers could result In construction or Installation delays, which could affect the number of projects we are able to acquire In the Mute. Our solar protects are constructed wth solar panels, swerters and other system components from a rented firimber of Supp‘erS Similarly, there are a limited nutter of suppiers cif wind and water turbines and other related system ca. iski in Ths makes us susceable to quality issues shortages and price changes If our Sponsor or hod partes from whom we may acqure energy prqects n the future fan to develop. maintain and expand reationships wen these or other suppers. or if they fall to identey suitable alternative suppliers in the event of a disnupeicri wan existing supplers, the construction or instalbticn d new solar. weld, hydo€lectnc or offer clean power generation proseets may be delayed or abandoned. wnicri model reduce the nutter d available projects fret we may rave the opportunty to acquire in the future. There have also been periods of neuslry-unde nonage of key components, including solar panels in tines d rapid industry go van The manufacturing wirastniciure for sore of Mese cOMCOnentS has a long lead time. rear reS Stinnettre caplet investment and relies on me Continued availability d key COrrshOdey materials potentially resoling in an inability to meel demand for these components Oda recently considered an anti-dumping duty al soar cells and panels imported from Cline. Taman. Malaysia and the UMW States However, there are currently no anb-aumping dutes levied on such imported soar eees and panels Moreover, we are not aware of any &Won,' threatened tariffs andti dies by governmeres on solar cells or Other COmparentS and materials used in the devebpnnen of seed generation lac foes in the comities in welch we operate or nay operate in Ire future HONeVel, such tariffs Or &NS Could be imposed in the reevere itrsdictions el the Future The iMpiesibren Of such tariffs Or &beg could hinder Or reduce future development of solar generation facnaies in the anected market and find the number Cl solar protects we are able to acquire in such markets A shortage of key commodity materials could also lead t0 a reduction in the number of projects that we may have the opportunty t0 acqure in the future, or delay Cr increase the costs of acquisitors 65 http://cfdocs.btogo.com:27638/cf/drv7/pub/edgar/2015/07/20/0001193125-15-256461/d78... 7/20/2015 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0058030 CONFIDENTIAL SDNY_GM_00204214 EFTA01366502