Amendment #4 Page 60 of 868 Jule of (btMmti • a reduction in the pace or natural gee including as a result of new ailing technques a a relturston of associated repel/tory standards. and • the development d new dean energy technologies An increase in the availability of electricity or reduction in retail else:Platy prices in our target markets would make the purchase of solar or wind energy, as the case may Ct, less economics*/ attractwe In addition, a slit in the Tann° of peak rates for utilty.suppCd electricity to a time of day when solar and wind energy generator) is less &leant or nil available could make solar or wind energy less competes* and reduce demand If the avaiablity of energy were to increase Cf the price of electricey were to decrease in the markets in whch we operate, we would te at a compottere disadvantage. we may be unable to attract newcustomers and our growth may be limited Cabin of err generation assets operate, pwasaY, without kofTeeca Pow SON agreement* Less than 1% of the total expected CAS) of our /gel portfolio is rot subject to ofitake arrangements We sell the energy produced with respect to this capacity n the merchant power market at the then current market prce determned by auction or other va made price determination medonsms. The price at which vie sea energy in these markets vanes, sometimes stanficanty. based on supply and demand If we are unade to sell energy produced with respect to this capacity on favorable terms. if al all. there may be a material adverse effect on our business. Manual condtion. results el operations and cash flows we are exposed to risks essocisted eke the projects in ors Inked portfolio end the cell right projects that ere newly constructed or era uncap construction. Cur expedations for the operating performance of newly constructed papas and projects under construction are based on assunplons and est males made without the benefit of operating history drOieCtiOnS contained in tnt prospectus re