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EFTA01366496

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Amendment ::4 Page 67 of 868 Our ability to raise addlbonal capital to fund our operations may be limited. Cur ablity to arrange additional firianceg either al ire corporate level or at a foal-recourse project-level subeiciary, may be limited Additional financing nclucling the oasts of such finanong will be dependent on numerous factors, ncluding • general economic and capita market corchbons • credit availability from banks and o•her anemia! irettutions • investor confdence in us. ou• partners. our Sponsor as our principal stockholder (on a combined voting bass) and manager under the Management Services Agreemere and Ire regional wholesale power markets • or firence I performance and the franca, performance of our sober:mute, • cur level of indebtedness and compliance with covenants in debt agreements maintenance of acceptable project credit ratings or creO1 quality. including maintenance of the legal and tax structure of Ire project-Imre' absidiary upon which the credit ratings may depend. cur cash lions. are • provsons of tax and secunbes laws that rimy impact raising eagle' We may rot be successf In obtanng addrional finanong for these or other reasons Furtheirrore we may be unable to refinance or replace forqectlever Inancing arrangements or other credit facilities on favora bee terms or at all upcn the expiration or termination thereof Our failure. or the failure of an/ of our projects. to obtain additional capta or enter into new of repacement h naming arrangerneres when due may constette a default under such existirg indebtedness and may have a matenal adverse effect on our business. financial conzliti n. results of operations and cash flows Our *Willy to generate revenue horn certain tally energy projects depends on having Interconnection arrangements and servIces. Qo fuue excess will depend in part. on our ability to marten satisfactory interconoectoo agreements If the interconnection or transmission agreernert of an energy project Is

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