Amendment #4 Page 231 of 868 letkie celM.nes Pinu As pan of Peru's plan to attract investmeM n its electricity industry, Peru instead the Electric Concessions Law PeruS regUatory framework governing the electnahr sector provides la separation between the principel activities of electricity generation transmessron and deist:dew (a) a regme or need able prices for generation (power and energy) regarding the suppitydelednoty to free dierts, (consumers wticee electricity mnsuispton hover 2,910 KW, or being between 200 KW and 2500 KW and rave chosen to regobate their generation prices), fie) regulated prices applicable to ale generation of electricity for pubec coreurrphon (w) regUated prices applicable to transmission and distribution, arc (v) the wale administration of the National Electric treemornected System Peru also enacted a nutlet of decrees to promote the use of renewable enact,. resources. such as biomass. wind. solar, geothennt. tidal and small hydroelectric (less then 20 MW) Such legally° decrees employ an auction 'theme to award guaranteed PPM to power producers and provide that power plants utilizing renewable energy have priority in the distnbuten systems Uruguay Uruguay has a deregAated electricity generation market stowing the private sector access to the wholesale electnoty market The transmssion traridometion and distributor) of electncity may be provided by ether ire UTE or by the porde sector Pampa public service contract Before becomng an elg de power generator, it is necessary fcr such entty to obtain an authorizabon from the Execttem Power branch of the national government as weir as a license to participate as generator in the wholesale market The granting of these lioenses s dscrebonal Addle ally, environmental iegiabons in Uruguay require porstective wind and solar generators to seek permtsfrorn the National Emnronmental Clime (to be granted at its dsaeton) before participating in the wholesale market Mother governmental en