Amendment #4 Page 237 of 868 Seha its r~Ola.ml♦ Costa Aka Rasuant to Artide 17 of Ire taw to ALthome Pnvate Large-Scale Electricity Generancn ' Costa Rica provides renewable energy power generators tax benefits to onset the higher cornmercel costs assocated wen renewal:de energy gereraton includng custom dui es on machinery and equpment fa Ire generation control Ira reformat on and transmission of power Renewable energy power picducers with renewable energy are also allowed to deact losses obtained &nog one tax year within the following three years Pew Semler to the other pima:tons n whch cur projects are located. Peru provides renewabe energy power generators prong incentives and tax benefits to offset the higher commerce, oasts associated with rerewable energy generabon Order a number of decrees Pelu adopted a renewable energy Buchan scheme to provide energy generators wen guaranteed payment under long-term PPAa lbder me aka on scheme, 20 year PPAs are awarded to renewable energy producers mat offer the lowest tend per Wit for a given technoOgy The energy producer e tote paid regilar recnthry rates for the energy produced accord ng to short term marg nal costs paid to all generators in the Nabonal E,ectrc Interconnected System. The addtional vermin over the regular tantf Is to be passed on to end-Leers. incurred in regular connection tons. which are established anrually The cat dated premum at the end of each tariff period will retail in a charge in favor of or against the investor which will be paid in mart, instalments throughout the 12 months immedetely b lowing the annual Iquidabcn period Such houdabon will be subject to a 12% month,/ interest rate in favor the investor. Renewable energy power producers also benefit from accelerated depecebon under Peruvian income tax laws The special depreciation rate will be no more that 20% per year, wtsch maire tret the assets can to depreciated in five years These power producers also may op fa the aremp