Investor Presentaiton

Case Studies - Infrastructure REG: ASEAN Distributed Power (Phase 2) PRC: Integrated Urban Water Management Project Client: B Grimm Power Public Company Limited ADB Commitment: $235m loan Key Features: B. Grimm is a major player in the Thailand's small power producer segment. It owns and operates distributed gas-fired cogeneration and renewable power plants. To finance its next phase of rapid growth, B.Grimm has raised equity capital through an IPO and ADB participated in the IPO as a key anchor investor. Proceeds from the IPO and ADB/CCFPS loans will be used to construct new distributed and utility-scale renewable power, gas-fired power, energy storage and associated infrastructure mainly in the ASEAN countries. ADB's Value Addition: . Support B. Grimm in the diversification and expansion of its renewable energy portfolio in the ASEAN region, particularly distributed power plants. ADB's participation in the IPO will not only provide direct financing but also help attracting third-party investors and establishing more confidence in B. Grimm's future access to capital markets. The countries covered are only recently beginning to develop distributed renewable power options, where developers face a range of technical and regulatory challenges. The concessional loan from CCFPS will help to demonstrate a track record of successful financing to encourage private sector developers to take on the higher risk associated with such project. Approval Date: 29 September 2017 Commitment Date: 23 February 2018 Client: China Water Affairs Group Limited (CWA) ADB Commitment: $200m loans • Key Features: • • The project will support CWA to develop and operate integrated urban water management projects, where multiple, interlocking water facilities are developed and operated synergistically. ADB will fund infrastructure which combines water treatment and distribution; (ii) wastewater treatment; and (iii) sewage pipelines developed as PPPs with local governments in second- and third-tier cities. CWA's investments during 2018-2021 are expected to increase or improve treatment capacity for over 10 million m³ per day of water and 1.8 million m³ per day of wastewater, and construct at least 5,000 km of sewage pipelines. This is the third phase of collaboration between ADB and CWA, and more directly emphasizes the integration of the urban water sector. ADB's Value Addition: • • • Raise the profile of integrated urban water management approaches and catalyze their adoption in PRC. Lower transaction costs by bundling together multiple infrastructure subprojects, which are often too small and time-consuming to finance on a stand-alone basis. Collaborate with CWA to expand its environmental and social policies and procedures to encompass all areas of the water value chain, demonstrating international best practices. Approval Date: 24 November 2017 Commitment Date: 2 March 2018 7 October 2019 62 62 ADB

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