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Strategic Investment & Joint Venture Proposal Of 2,800 MW Solar Energy Development Program – Kingdom of Cambodia.



Date: 05 July 2026.



EXECUTIVE SUMMARY.



major power firm established in the Kingdom of Cambodia, hereby invites qualified Institutional Investors, Private Equity Firms, Infrastructure Funds, Sovereign Wealth Funds, Energy Developers, Strategic Partners, Export Credit Agencies and Global Financial Institutions to participate in one of the most significant renewable energy infrastructure programs under development in Cambodia.



The proposed program consists of the phased financing, procurement, construction and commissioning of approximately 2,800 Megawatts (MW) of utility-scale solar photovoltaic power plants across 14 Provinces of Cambodia, representing approximately 200 MW per Province.



The estimated project financing requirement is US$2.8 Billion, to be implemented in phases of approximately US$200 Million per month over a 14-month investment period.



The Government entities are expected to serve as the principal electricity off-takers upon execution of the required Power Purchase Agreements (PPA) and Power Purchase Guarantees (PPG), following completion of statutory licensing and regulatory approvals



INVESTMENT OPPORTUNITY

Following extensive technical visits, stakeholder engagements and project assessments conducted by representatives in Cambodia, the identified solar power development opportunities remain available for immediate execution.

Internal confirmation received within the last banking day indicates that the identified project sites remain open for development, subject to financial close and Government approvals.



The program presents investors with the opportunity to participate in one of Cambodias largest renewable energy expansion initiatives while supporting the countrys transition towards sustainable energy generation.



EQUITY PARTICIPATION



The proposed investor shall be entitled to acquire up to Thirty-Five Percent (35%) Equity Ownership in the SPV, subject to satisfactory due diligence, execution of definitive transaction documents, valuation, regulatory approvals and mutually agreed commercial terms.



The investment structure may include:

• Strategic Equity Investment

• Joint Venture Partnership

• Infrastructure Investment

• Private Equity Participation

• Project-Level Co-Investment

• Long-Term Capital Partnership

PROJECT FINANCING REQUIREMENT

The Company seeks an institutional funding commitment of approximately US$2.8 Billion, structured through phased disbursements.

Indicative structure:

• Total Program Value: US$2.8 Billion

• Monthly Drawdown: Approximately US$200 Million

• Duration: Fourteen (14) Months

• Total Installed Capacity: 2,800 MW

• Average Capacity per Province: 200 MW

• Geographic Coverage: Fourteen Provinces across Cambodia.



PROPOSED FINANCING STRUCTURE

Subject to successful commercial negotiations, banking due diligence, regulatory compliance and execution of definitive financing agreements, the proposed structure contemplates:

• Investors Irrevocable Letter of Offer or Financing Commitment.

• Documentary evidence of financial capacity issued by the investors banking institution or recognized financial intermediary.

• Negotiation and execution of mutually acceptable financing documentation.

• Where approved by all participating financial institutions and subject to applicable banking requirements, issuance of financial instruments (including SBLC where applicable) to support equipment financing and project execution.

• Equipment financing to facilitate procurement, engineering, logistics, construction and commissioning of the solar power facilities.



GOVERNMENT PARTICIPATION

Following presentation of satisfactory evidence of project financing capability and formal Expressions of Interest, the relevant Government authorities are expected to proceed with:

• Execution of the Power Purchase Agreement (PPA).

• Execution of the Power Purchase Guarantee (PPG).

• Facilitation of Independent Power Producer (IPP) licensing, subject to payment of applicable statutory fees and completion of regulatory requirements.

These arrangements are intended to provide long-term revenue certainty for investors while supporting national energy development objectives.



IMPLEMENTATION TIMELINE

Subject to receipt of all required documentation and fulfilment of all commercial, regulatory and banking conditions, the indicative implementation schedule is as follows:

Stage 1: Submission of Investors Expression of Interest.

Stage 2: Exchange of Corporate Information and Due Diligence Documentation.

Stage 3: Financial Capability Verification.

Stage 4: Negotiation and Execution of Investment and Financing Agreements.

Stage 5: Regulatory Approvals and Licensing.

Stage 6: Financial Close.

Stage 7: Financial Instrument Issuance (where applicable and approved).

Stage 8: Procurement of Equipment.

Stage 9: Construction and Commissioning.

The target timeline for completion of documentation and financial instrument issuance, where applicable, is approximately ten (10) banking days after receipt of all satisfactory documentation and fulfillment of agreed conditions.



TARGET INVESTORS

welcomed engagement with:

• Private Equity Funds

• Infrastructure Investment Funds

• Sovereign Wealth Funds

• Pension Funds

• Renewable Energy Investors

• Export Credit Agencies

• Development Finance Institutions

• Commercial Banks

• Equipment Finance Providers

• Institutional Debt Funds



CONCLUSION ; this program represents a compelling opportunity to participate in the financing and development of one of Cambodias significant renewable energy initiatives.

We welcome confidential discussions with qualified investors seeking long-term participation through equity investment, joint venture, strategic partnership or structured project finance.

Interested institutions are invited to submit their Expression of Interest together with preliminary evidence of funding capability to commence confidential discussions and due diligence.



We look forward to establishing a mutually beneficial long-term strategic partnership.

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