Investor Presentaiton

Letter of Intent (LOI) in Cogeneration Plants Spearheading into cogeneration industry in Spain Background Client with several cogeneration facilities in Spain • Provides a competitive advantage for the client's operation and reduction of CO2 emissions Status o Thermal storage of 88 MWh 。 Annual capacity of more than 40 GWh thermal energy о Reduction of more than 9.000 tons of CO2 annually Goal o Commissioning during the second half of 2023 Several plants in the same group in Spain KYOTO

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