Amendment #4 Page 201 of 868 . 05,7eleSTIS rydopelectnc This technology-neutral platform enabes Ots open architecture approach whim provides us with Ire ability to evaluate a broad range of development parrtershice and aces/anon °poor:unit es arc support the rapid growth of our portfolio Msinfeln sound Mandel practices We intend to marten our commitment to dun:dined financial analysis and a balanced capital stnotire Our finanoal practices .cal include (I) a risk and credit policy focused on transacting with our:tawdry counterporties. Oda fnancing policy focused on achieving an optimal capital structure through various captal formation alternatives to rrinmize interest rates, ref nancirg risks and tax withhodngs. (n) oblong denvalwe financial instruments to ramie ow re( exposure to curency fluctuations and (iv) a dividend policy that is based on dstributeg the CAFD generated by our rived portfolio (after deducting appropriate reserves for our working capital needs and the prudent conduct of our tusness) Ckr initial dividend was established based on our targeted payed ratio of approximately 85% 01 projected CAFO see 'Cash dvidend policy' Our competitive strengths We believe our key competave strengths mettle Diversify Our mire' portfolio rs well dverstied in terms of geography, market segment counterparty. and hoots of renewable energy technology We serve wiry commercial inchst nal ant governmental Customers and may serve residentel tusmesS tires in Ire future We have pcojects located across 11 countnes and lour continents Projects n our intel portfolio boated in any sirgle country are not evaded to represent more than 30% of our projected CAFD for tie year erring December 31 2016, thereby reducing our operatirg risk prof he and relanoe on any single market or segment We utilize several renewable energy team/ages, the proatticri profits of Mich corn:Yemeni one another, whch we believe enables us to generate consistent cash flow We believe our *verse