29/08/2017 Doha, Qatar On August 10, 2017, Minejesa Capital B.V. (35.5% indirectly owned by Nebras Power Q.P.S.C.) achieved successful financial close in respect of a US$2.75 billion, multi sourced non-recourse debt financing. The financing package consists of a US$800 million 20-year amortising bond, US$1.2 billion 13-year amortising bond and a 6-year US$750 million (equivalent) amortising corporate loan facility incorporating US$ and JP¥ denominated tranches. Moody’s and Fitch confirmed investment grade ratings for the bonds: Baa3 and BBB- (respectively). The bonds are listed on the Singapore Stock Exchange. Minejesa Capital B.V. is a joint venture owned by Nebras Power Q.P.S.C., Mitsui & Co., JERA Co. and PT Batu Hitam Perkasa. The objective of the joint venture is to invest in power projects and to raise financing in the global financial markets for such projects. The proceeds of the financing will be invested in PT Paiton Energy (an Indonesian power generating company, 35.5% indirectly owned by Nebras Power Q.P.S.C.). The funds will be used by PT Paiton Energy to prepay outstanding senior debt facilities and subordinated shareholders loans and for general corporate purposes. PT Paiton Energy provided an unconditional guarantee of the debt financing package. This benchmark transaction represents the first project bond for an Asian credit in the international debt capital markets for more than a decade and is one of the largest transactions in recent times in the project bond space. It is considered as a landmark transaction concluded at extremely competitive pricing and will set a precedent for future Asian power project financings. The bonds have received unprecedented levels of interest from investors internationally, resulting in very competitive pricing. The unprecedented level of investor appetite for the bond is a strong indicator of the confidence investors have in the credit quality of the asset and the sponsor group, and the robustness of its business model that generates long term stable cash flows. On the basis of a US$ 9.4 billion order book (4.7 times oversubscription) comprising over 400 investors globally, the bonds were priced at the tight end of final price guidance, 4.625% and 5.625% for the for the 13-year and 20-year instruments, respectively. The $750 million non-recourse bank loan facility was also oversubscribed up to $1.4 billion and very competitively priced, further evidencing the high quality of the underlying credit. Nebras Power has played a leading role in the transaction structuring and execution along with its joint venture partners. About Nebras Power Nebras Power is an international power company established in 2014 and headquartered in Doha, State of Qatar. The Company has the mandate to develop and manage a portfolio of strategic investments in the power and water sectors throughout the world, outside of the State of Qatar. Nebras Power targets to achieve a well-balanced investment portfolio in terms of technology mix, markets and greenfield vs M&A development. South East Asia is a core market geography to Nebras Power. Nebras is a joint venture of two Government Related Entities, Qatar Electricity and Water Company (“QEWC”) (60%) and Qatar Holding (“QH”) (40%) QEWC is the national power and water company of the State of Qatar and is rated A1 by Moody’s. The Company has been partly floated on the Doha stock exchange and the State of Qatar owns directly and indirectly 52%. QH is a global investment house established in 2006, founded by the Qatar Investment Authority and fully owned by the state of Qatar. QH invests internationally and locally in strategic private and public equity as well as in other direct investments. About PT Paiton Energy PT Paiton Energy is the first and the largest Independent Power Producer (IPP) operating in Indonesia. It currently own and operate three power plants at Paiton Power Complex in East Java. Two power plants (Units 7 and 8) with capacity of 615MW each, and Unit 3 with capacity of 815MW and it is the first supercritical power plant in Indonesia which provides a higher efficiency, a lower fuel consumption and subsequently lower CO2 emissions. Under a long term Power Purchase Agreements, PT Paiton provides 2,045MW of power to PT PLN (Persero) which is approximately 6% of total installed capacity in Java Island. Paiton Energy generates approximately 13,500 GWh of electricity per year, which contribute to around 10% of the annual electricity consumption in Java Island. PT Paiton Energy is considered as a reliable supplier of electricity, as well as an active corporate citizen, providing support to local communities in East Java as well as to other projects throughout Indonesia. PT Paiton ultimate shareholders are Nebras Power Q.P.S.C. with (35.5%), Mitsui & Co. with (45.5%), Jera with (14.0%), and PT Batu Hitam Perkasa Indonesia with (5.0%).