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Amendment #4 Page 55 of 868 balk of ( °loom, Risk factors Ins olenne and an investment mold Class A common stock mcivea Ingo degree or risk You shwa! carataiy cauder The nsks described below together with the tinarcial and other olctmenon containedin this prospectus betas you decde to purchase shares of our Class A common stock It any of totCowng risks actuaty occur. o1 business. tnanoa coadloa results Or Oaetaabona cash bows andpenpocts cope be matenaliy and aleysey erected Asa Peewit the Inacfrog price or our Cans A common stock toad decane and you could kase as a pat of your investment fn our Class A cannon stock Risks related to our business Counterpartles to ow PPM may not fulfill tow obligations, which could result in a materiel adverse angst on our business, financial condition, muffs of operations and cash flows. Substantially all of the electIV power generated by Ott initial pante° of PolkeCIS ill he sold under long-term PPM wth pttlt Whiles or commercial industrial a government end users We expect the call right projects will also have long-term PPM or similar caleke arrangements such as feedn tariff programs Wth respect to Choi°. see '.—The operating results o/ any energy projects that we acquit n Chna may be adversely affected by changes in governmental polcies that currently SubSidee renewable energy' If fa any reason, any of tne purchasers of power under mete contracts are Tirade a thverting to fulfill their related contractual obligabons or f they refuse to accept delvery of power delivered thereunder or if they otherwise lemon/tie such agreements poor to the exptation thereof Ott assets lebebes business, financial corseton fesuts of operators and cash flows could be neterialy and adverse). affected To the extent any of our power purchasers are a are controlled by, governmental entles ow facilites nay be sutlect to tegstabve or other poecal action that may 'Waif their contractual performance or cooler, contractual remedies that do no

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