Renewable Energy in Argentina

1. ABO WIND

2. Why Investing in Argentina?

3. Current Opportunities

4. Renewable Energy in Argentina

5. ABO WIND in Argentina

6. Our Projects in Argentina

7. Contact Details

3%

1. ABO WIND

ABO WIND is one of Europe's most successful developers of wind power projects.

350 employees developing projects in Germany, Spain, France, Argentina, Uruguay, Mexico, Belgium, Ireland, the UK, Bulgaria and Finland .

Annual turnover of 300 Million Euros.

Over 450 wind energy turbines with a nominal capacity of over 1000 Megawatt have already been installed.

2. Why Investing in Argentina?

A diversified and dynamic industry, open economy and high growth potential makes Argentina one of the growing economies in Latin America.

Access to a large local market and to important trade organizations such as MERCOSUR and WTO.

Well trained personnel, natural recourses, a lively culture and modern infrastructure makes Argentina a very creative and competitive field for business.

Governmental support: tax exemptions, incentives for export encouragement and loans.

Argentinean Environmental Policy

2. Why Investing in Argentina? (cont.)

The percentage of produced renewable energy must reach 8% by 2016.

Laws that make the development of wind energy projects easier:o Accelerated amortization.o Sales tax refunds.o Tax exemptions on minimum

presumed income o Subsidy: 15 AR$/MWh (1,8 USD/MWh)o Financial Stability.

Legislative initiative to create the following benefits:

o 8% of the energy of large consumers has to be through renewable energy.

o Subsidies for domestic production increase.

o Credit lines. o Tax benefits.

3. Current Opportunites

The local currency reduces investment and business costs.

Great amount of infrastructural work to do.

High availability of local currency for investments.

Custom-free import of wind energy turbines.

Intended Changes to the Energy Matrix

3%

Source: CAMMESA. Informe anual 2013.

4. Renewable Energy in Argentina

Goal: 8% renewable until 2016

Wind Energy

3%

Argentina belongs to the top 5 countries with the highest potential for wind energy.

Strong and constant wind of the highest quality in many regions, especially in southern Patagonia (9 - 12 m/s; CF > 35%)

Regions with capacity factor CF > 35%

Average wind speed

4. Renewable Energy in Argentina

Source: Argentina Wind Energy Report CADER 2009.

ABO WIND began 2006 with activities in Buenos Aires, Argentina.

Highly qualified employees working in Buenos Aires.

ABO WIND has recently signed a cooperation agreement for the “Añelo I” project, in

Neuquén.

5. ABO WIND in Argentina

in Argentina, of which 200 MW are ready to build. ABO WIND also has projects in Uruguay and Mexico.

ABO WIND has developed 850 MW

investment opportunity

Project financing: provision of the needed equity.

Trust Fund

Project Acquisition

Joint Venture

PartnershipFor local businesses

Large range of investments opportunities and especially new

tenders.

5. ABO WIND in Argentina

Our portfolio in Argentina and Uruguay contains 13 Projects with a total volume of 850 MW. Furthermore we have many projects in preliminary stages of development.

5. ABO WIND in Argentina

PE Pampeanos 50 MWPE Argentinos 50 MW

PE Alto Valle 100 MW

PE Vientos del sur 50 MW

PE Llanuras del Viento 100 MW

PE Vulturno 100 MW

PE Vientos del Oriente 50 MW

PE Del Fin del Mundo 50 MW

PE Australes 50 MW

PE Del Bicentenario 100 MW

PE Brisas Serranas 50 MW

PE Vientos del Cambio 50 MW

PE Corredores del Viento 50 MW

Hochspannungsleitung 132 kV

The wind farm “Vientos del Secano” is in Mayor Buratovich, close to Bahía Blanca.

Cost effective connection to the electricity grid, right off the federal street 3 and only 80 km from the airport and port of Bahía Blanca.

Wind Farm “VIENTOS DEL SECANO” – 50 MW

6. Our Projects in Argentina

980 Hectares

14 m above MSL

Wind mast since April 2008

8.4 m/s average wind speed

Land for shepherding

6. Our Projects in Argentina

Wind Farm “VIENTOS DEL SECANO” – 50 MW

The project is ready to build. Only Finances, are needed to start the construction.

Studies made by ABO WIND :o Environmentalo Soil studieso Topographical analysiso Studies to grid connection

Permits from public authorities:o New electricity producer MEMo ENRE permito Environmental licenseo Clean development mechanism

Wind Farm “VIENTOS DEL SECANO” – 50 MW

6. Our Projects in Argentina

3%

7. Contact Details

Vanesa M. RevelliLatin America Director

vanesa.revelli@ABO-WIND.de argentina@ABO-WIND.com

www.ABOWIND.com

In Germany:

Unter den Eichen 7, 65195 Wiesbaden Phone: +49 (0) 611-267655-63; Fax: -99 Mobil: +49 (0) 152 5671 1563

In Argentina:

Alicia Moreau de Justo 1050 P. 4 Of. 196C1107AAP - Dock 7Ciudad Autónoma de Buenos AiresPhone: +54 11 5917 1235 Mobil: +54 911 3045 6312