Phases 4 and 5

Over the next three years our growth plans also include an additional build-out of approximately 500 MW, representing Phases 4 and 5. Phase 4 has been submitted for government approval and the feasibility study for Phase 5 is underway. Similar to preceding phases, the company will be targeting project financing consisting of about 70% bank loans and 30% equity investment.

Phase 4 Timeline

Q4 2012 Construction expected to commence
Q4 2013 Construction expected to be completed

Phase 5 Timeline

Q2 2013 Construction expected to commence
Q4 2014 Construction expected to be complete