, especially the Nikaho project (PPA 8.8 MW) due to the winter weather condition in Japan that has lower amount of light and was met by snowfall. 3. Share of profit from investment in the Wind Power Plant in the
operate the Project, and is a contracting party to the power purchase agreement with Take-or-Pay Condition with Électricité du Laos (“EDL”). The contract duration is 27 years starting from 29th January 2016
condition resulting in the lower light intensity compared to Q3/2019 and higher snowfall than normal which impacts the revenue has decreased by Baht 35 million. However, the revenue from selling electricity
case the applicant is in the process of applying for an approval to become the REIT manager, such person will be authorized to offer for sale of units on condition that the applicant has obtained an
financial condition and the business operation to the Minister within one hundred and twenty days from the end of the fiscal year. 9 SECTION 31/2 The Office shall prepare the operating plan and explanation
obligations under the Share Sale and Purchase Agreement and the Share Subscription Agreement. Other Obligations No change has occurred, which causes a material adverse effect on the business or condition
“Terms and Conditions of MACO-W2”), the condition of the adjustment of rights under the MACO-W2 states that the Company shall adjust the exercise price and/or the exercise ratio to purchase the Company’s
(MACO-W2) (the “Terms and Conditions of MACO-W2”), the condition of the adjustment of rights under the MACO-W2 states that the Company shall adjust the exercise price and/or the exercise ratio to purchase
-W2) (the “Terms and Conditions of MACO-W2”), the condition of the adjustment of rights under the MACO-W2 states that the Company shall adjust the exercise price and/or the exercise ratio to purchase
commercial project (PPA 10.5 MW) which started its operation in March, realizing its revenue from electricity production for the full quarter. Additionally in May 2017, BCPG Plc. fulfilled condition precedent