About Panama Power Holdings, Inc.

Panama Power Holdings, Inc. (PPH) operates and develops, through its subsidiaries, renewable energy projects.

PPH’s main objective is to construct, develop and operate energy projects in Panama, without discarding opportunities in the region complementary to the group’s current strategy.

PPH was created in 2007 based on:

• Need for new generation capacity
• Availability of hydro resources
• Long term Power Purchase Agreement contracts for firm capacity
• Attractive economy for new projects
• Belief in the future of renewable energy

The Company currently has four hydroelectric plants in commercial operations:

• Generadora Pedregalito, S.A. – Pedregalito 1 located in Boquerón, Chiriquí, with an installed capacity of 20MW
• Generadora Río Chico, S.A. – Pedregalito 2 located in Alanje, Chiriquí, with an installed capacity of 12.5MW
• Generadora Alto Valle, S.A. – Cochea located in Dolega, Chiriquí, with an installed capacity of 15.7MW
• Hydro Caisán, S.A. – El Alto located in Renacimiento, Chiriquí, with an installed capacity of 72MW